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 | $2,584 | $4,422 | $4,821 |
| COGS | $7,093 | $8,498 | $3,917 |
| Gross Income | ($4,509) | ($4,076) | $904 |
| Operating Expenses | $4,813 | $1,867 | $2,174 |
| Operating Incomes | ($9,322) | ($5,943) | ($1,270) |
| Net Other Income (Expenses) | ($7,012) | ($3,367) | ($4,724) |
| Net Income | ($16,334) | ($9,310) | ($5,994) |
| Interest | $3,230 | $1,459 | $874 |
| Depreciation | $3,486 | $7,988 | $7,962 |
| Amortization | $9,011 | $3,780 | $8,834 |
| EBITDA | ($607) | $3,917 | $11,676 |
| Add-backs | $58,782 | $64,339 | $61,258 |
| Owner's Cash Flow | $58,175 | $68,256 | $72,934 |
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Projected Free Cash Flow
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