Sold
Sold
Freight Shipping Services Business
$1,150,000
Denver County, CO
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Gross Revenue
$1,229,370
Owner's Cash Flow
$759,468
Min Down Payment
$115,000
Employees
1 FT
Business Summary
This is a freight management company based in Colorado. The business was started during Covid in 2020 as a trucking company with 2 of its own trucks. In 2022, the owner pivoted the business model to include managing other trucking companies’ fleets, which has proved to be much more successful. This is a mostly absentee business and can be owned / operated remote.
Key Highlights
Year established
2020
Real estate
Home-based
Reason for selling
The current owner would like to focus on other business ventures.
Support and training
6 months.
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $2,302 | $8,655 | $5,916 |
| COGS | $1,011 | $4,301 | $3,963 |
| Gross Income | $1,291 | $4,354 | $1,953 |
| Operating Expenses | $4,369 | $3,589 | $343 |
| Operating Incomes | ($3,078) | $765 | $1,610 |
| Net Other Income (Expenses) | ($1,930) | ($124) | ($1,684) |
| Net Income | ($5,008) | $641 | ($74) |
| Interest | $7,858 | $900 | $5,091 |
| Depreciation | $4,017 | $5,490 | $2,486 |
| Amortization | $1,878 | $8,024 | $7,750 |
| EBITDA | $8,745 | $15,055 | $15,253 |
| Add-backs | $48,683 | $53,900 | $50,946 |
| Owner's Cash Flow | $57,428 | $68,955 | $66,199 |
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Projected Free Cash Flow
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