Summary

Status: Active
Region: Vancouver Island
Category: Transportation and Warehousing
Description:

Take charge of this lucrative transportation business that is run by a distinctive management group who have risen to the top of the industry. With expertise in U.S. and Canadian currencies, sophisticated software systems and knowledge with moving freight anywhere in North America – this business provides success on many levels.

They have access to more than 2,000 customers across Canada and the U.S., so their transportation systems ensure products are delivered on schedule and on budget without any cross-border hassles. Additionally, the company’s team has a high degree of professionalism and exceptional sales growth that has earned them accolades in the industry. This has earned them recognition for two years in a row as a candidate for Best Employer.

The business offers competitive rates relative to their competitors by means of low overhead, highly skilled staff and long-term clients who have been with the business for more than 10 years. The company has offices in two different regions of Canada and is poised for major growth by providing great rates and excellent customer service.

The partners have chosen to take a step back from the industry to focus on other pursuits. A new owner will benefit from solid demand in the industry that is buoyed to maintain strong growth. This is especially true since there are significant barriers to entry in the industry and the current players expected rate increases in the range of 2 – 3 percent in 2017.
Under OFFER

Broker: Michael Naprawa
Listing ID: VANISBC001-N168

Financials

Asking Price: $2,395,000
Revenue: $10,000,000
Net Cash Flow: $500,000 (EBITDA)
Downpayment: $2,095,000
Monthly Payroll: $35,000
FF&E Asking Price: $10,000
Working Capital: $250,000 (Included)

Property

Real Estate Available: No
Building Size: 1950
Rent: $3,000
Seats: N/A
Parking: yes

Operations

Franchise: No
Homebased: No
Relocatable: Yes
Year Acquired: N/A
Full-Time Employees: 10
Trading Hours: M-F, 6:30 am to 4 p.m.
Reason for Sale: Family member passed away. Co-founder shareholders want to move on