Olson Carriers - 11290
SOLD
Industry
Category
Trucking Business
Description
Trucking Company located in the Midwest, specializing in Regional bulk truckload hauling. 2022 Revenues were $14,500,000 with a total adjusted net income of $4,900,000. High-demand segment of the industry with a proven track record of profitability and year over year growth. This legacy company has been in business for over 40 years. The yearly revenue has grown 20% and total adjusted income has grown 10% over the past 3 years! Solid repeat customer base serving various essential industries. This opportunity is only available due to owner retirement. Priced at $14.9MM which includes RE and all FF&E. Business may be purchased without real estate, and seller would lease real estate for $20,000/mo. Real Estate is valued at $3MM.