Sold
Sold
Freight Shipping Services Business
$1,150,000
Denver County, CO
This business is sold. Subscribe to our Listing Alerts for early access to new listings.
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.
Content Locked
Provide your information to immediately see consolidated financials.
Consolidated Cashflow
To see all the financial data including a break down of the owner's salary and add-backs, request access to the confidential information
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $4,924 | $2,387 | $4,099 |
| COGS | $3,194 | $6,205 | $6,430 |
| Gross Income | $1,730 | ($3,818) | ($2,331) |
| Operating Expenses | $5,965 | $5,487 | $1,322 |
| Operating Incomes | ($4,235) | ($9,305) | ($3,653) |
| Net Other Income (Expenses) | ($8,653) | ($6,604) | ($5,477) |
| Net Income | ($12,888) | ($15,909) | ($9,130) |
| Interest | $7,965 | $8,487 | $8,047 |
| Depreciation | $8,275 | $200 | $5,590 |
| Amortization | $7,566 | $3,373 | $6,251 |
| EBITDA | $10,918 | ($3,849) | $10,758 |
| Add-backs | $61,726 | $67,379 | $71,107 |
| Owner's Cash Flow | $72,644 | $63,530 | $81,865 |
Content Locked
Provide your information to immediately gain access to our projection model for this listing.
Projected Free Cash Flow
Interested? Let's get you more info
Provide your information to immediately learn more about this business, including consolidated financials, competition, and growth opportunities.
