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Free eBook

5 Keys to maximizing your
transporation business sale

Every transportation business owner will sell their business at some point. As the industry transaction specialist, Tenney Group is passionate about making that experience as rewarding as possible when the time is right for you. You future business sale success begins with education.

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Listings

Trucking Company with Audio/Visual & Entertainment Focus

Location: Southwest Region-NV/CA/AZ
Asking Price: $850,000 Parent company desires quick & efficient transfer of ownership.
Gross Revenue: $7,125,000
Business Description:

Ideal pricing and structure scenario for buyer.

Turn Key Management Team including GM. An established (8+ years), stand-alone, Event and Entertainment focused trucking business with full-service transportation and logistics availability. Seller located in the southwest region (Nevada, California, Arizona). Strategic operating investments have prepared the business for future growth. Favored Buyer might expand into the region or expand local market share immediately. Includes Fleet Seller values at $500,000. 

Revenue by service type; Interstate 65%, Local 20%, Brokerage/Warehousing 15%. 26 Full time drivers; (3 employees, 23 Contract/Independent). Seller will favor offers with the most cash and fastest closing.

Seller Financing: Possible deal structure: $500,000 cash $350,000 seller note for 3 years @ 5% interest. Ideal pricing & structure scenario for buyer.
Reason For Selling:

Parent company selling branch to focus on core business.

Market:
  • Niche market with relatively high barrier to entry
  • Premium rates
  • Growth potential could be unleashed with further capital investment in trailer fleet (critical to entertainment industry)
  • Historical success in somewhat concentrated market. Considerable expansion potential in other geographies
Outlook/Competition:
  • Credibility in the market after many years in business
  • History of delivering a high level of service to demanding customers, as evidenced by long term relationships with top clients
  • Impeccable on-time, damage-free percentage
Employees:
  • Strong on-site team very likely to remain post-sale
  • Low owner involvement requirement; business is essentially self-sustaining

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“My partner and I hired The Tenney Group to help us accomplish three specific transaction goals. The Tenney Group allowed us to achieve all three goals in 42 days.”

Russ Cooke
Former Owner of TCI Worldwide
Boston, MA

"I recently worked on a deal with The Tenney Group. I found their transaction team to be extremely detail oriented and knowledgeable of the trucking industry."

James Perry
Optimum Trucking & Optimum Transport
Dallas, TX

"Not certain of my next move, I reached out to the Tenney Group. My trucking company was experiencing considerable growth and I felt it was a good idea to have them..."

Alabama Trucking Company

"In his role of advisory to the buyer and my role, representing the seller, I found Spencer Tenney to be very professional, knowledgeable and hard-working."

Kevin Freeman
Managing Partner, Stony Hill Business Brokers
Trevose, PA

"Tenney Group's experience and knowledge of the industry made them a good fit to help us with our strategic planning. Their commitment to service and personal attention..."

10 Million Transport Company
North Carolina

"I have told my wife if anything should happen to me, call The Tenney Group, I know they will take care of you."

Chris Hundley
Owner
North Hollywood, California