Specialty Trucking Business With Refrigerated Rolling Stock For Sale

Business description

The March Group currently represents a highly successful long haul, LTL specialty trucking company with deep experience in the transport of temperature-controlled cargo. Expert in the refrigerated transport of perishable goods. Network covers a significant portion of North America, with routes to and from cities in nearly all of the Canadian provinces as well as Arizona, California, Florida and Texas. The always growing fleet comprises 30 late-model highway tractors and 50 top-of-the-line refrigerated units. FY 2008 returns of (CAN$) 12.14 million in revenue and $2.48 million in EBITDA demonstrate the continued strength of the Company. Although the Company is Canadian-based, approximately 80% of business is American; the California and Florida markets generate the majority of shipments. The Company’s blue-chip customer base, numbering 85 active accounts, is characterized by long and satisfying relationships. Clients include prominent players in the meat processing (45% of revenues) and retail grocery (40%) industries. One of a limited number of firms offering refrigerated services to a significant portion of the Company’s market. A uniquely dedicated and reliable team of 35 employee drivers and seven owner operators help to ensure that the Company maintains its objective of superior customer service. A singular opportunity.

Property information

Premises details:

The Company leases approximately 1,200 sq. ft. of office space and another 2,500 sq. ft. in warehouse space. The physical operation (dispatch and office) can easily be incorporated into an existing business or simply relocated as the investor sees fit.

Other information

Expansion potential:

The Company benefits from a very strong reputation, which presents potential for even greater growth given more aggressive investments in equipment and personnel. There exists the potential to grow the business by pursuing both untapped markets and the transport of products such as pharmaceuticals, a recent addition to the Company’s services. Furthermore, Management is confident that more elevated growth is achievable by investing in the necessary resources to take advantage of strong market opportunities.

Support & training:

The managing principals would offer whatever support necessary to ensure a successful transition.