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Refrigerated Trucking Logistics

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Annual Revenue: $1,160,000

Minimum Equity Required: $1,250,000

SDE: $370,000

Location: New Brunswick

Industry: Transportation

ID: 1335

Status: Sold

Description

This refrigerated trucking logistics business has been rapidly growing over the last seven years and is well set up for the new owner to take it to the next level. The business has been growing and adding roughly 10 refrigerated (reefer) units every year for the past few years to meet the constant demand from their existing clients.

With the growing need for refrigerated trucking in the surrounding area, the ideal buyer should feel confident in taking this operation forward successfully.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Annual Revenues and Seller's Discretionary Earnings
2022
Revenue: $1,160,000
SDE: $370,000

2021
Revenue: $875,000
SDE: $265,000

2020
Revenue: $905,000
SDE: $130,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
 
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

Located in the northeastern part of New Brunswick, the new owner can relocate the office to a location of their choice. There is no real estate included in the sale.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview
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