Run Composition: 3 Dedicated Runs
Owner Involvement: Lives out of state.
Seller's Reason For Selling: Seller is rebalancing his portfolio of linehaul runs to raise capital for growth in other markets.
Total Revenue: $554,944
Net Operating Income: $122,358
Asking Multiple: 3.88
Years Owned: 2
The financial information presented is displayed as it was represented to Route Consultant. Buyers are encouraged to perform their own detailed financial due diligence.
Territories in this region are growing over 15% per year due to:
Booming E-Commerce (Amazon.com, Walmart.com, etc.)
A shifting online consumer shopping culture
Very tax-efficient business due to the truck depreciation
No franchise royalties, marketing expenses, research and development costs, inventory overhead, or real estate to own
Fleet Summary: This operation is operating with long-term Ryder leases, not company owned trucks. The cost of the Ryder leases has been reflected in the Net Operating Income.