This business with operations primarily focusing on South Australia, was founded more than 20 years ago in Adelaide with one truck and a single trailer.
To date, it has grown substantially and currently has a fleet of 6 trucks and trailers to suit requirements.
In the trailing twelve months to June 2023 the company generated revenue of over $4.3M with an RTO upward of $307K.
The business has proven to be quite recession/pandemic-proof as witnessed by its consistent revenue over the last four years.
Its local expertise and fluid operations in the area have resulted in a above average sector rating.
There are several long-term clients with low collection periods and numerous other clients that ensure the company's steady sales year-on-year.
The business is family owner-operated who are supported by 4 full-time drivers, 2 full-time office staff, and 3 part-time other staff.
Reason for Selling:
The owners are seeking personal retirement.
Transition and Support:
The owners are open to negotiating transition support post-sale.
Growth and Expansion:
Every major industry relies heavily on the trucking industry to maintain its supply chain. The trucking sector is expected to see consistent and steady growth, with an estimated growth rate of 6% from 2024 to 2030.
FINANCIALS (AUD)
Sales $6,419,076
Price $1,168,997
Cash Flow $449,954
*UNDER CONTRACT*