Summary

Status: Sold
Region: Sold
Category: Transportation and Warehousing
Description:

Are you interested in a viable business opportunity that doesn't require long hours? This affordably priced short haul trucking business, based in Lantzville, BC, can be operated on a semi-passive basis with management in place. Little to no prior experience is required to learn how to successfully manage this business. The current owner enjoys an annual profit between $75,000-85,000 only working part time performing logistics and overseeing 2 employees. Servicing a variety of industries, the company hauls tractors, trailers and culverts. Approximately 90% of clients own trailers and pay this company to safely move those trailers from A to B. Established for over 28 years on beautiful Vancouver Island, BC, the owner has built up a solid clientele base holding major accounts with several large corporations. With no active marketing for 10 years, word-of-mouth referrals continue to generate new customers. The market demand is substantial creating a need for another full time driver. Existing drivers are already working 45-50 hours/week. There is tremendous opportunity for expansion on Vancouver Island with no need for longer runs. Current owner is retiring and motivated to sell - he will provide training and support during a transition period.

Broker: Michael Naprawa
Listing ID: VANISBC001-N131
City/Town: Lantzville

Financials

Asking Price: $189
Revenue: $410,000
Net Cash Flow: $85,000
Monthly Payroll: $6,000
FF&E Asking Price: $143,000
Inventory Asking Price: $7,000 (Included)

Property

Real Estate Available: No

Operations

Franchise: No
Homebased: No
Relocatable: Yes
Year Acquired: 1984
Full-Time Employees: 2
Part-Time Employees: 1
Trading Hours: 24 hours, if required, Mon-Sat