Trucking Business Seeking Loan in Monterrey, Mexico

- Business providing specialized and regular cargo transportation services throughout Mexico.

- Primarily focuses on single dry van transportation from various parts of Mexico to the US through the Laredo Texas border.

- The company has shown remarkable growth, expanding from 2 units to 7 in the past year.

- With a current annual revenue of MXN15M, the business has exhibited strong financial performance, with an impressive Return on Assets (ROA) of 58% and a Return on Equity (ROE) of 62%, indicating efficient use of assets and strong profitability.

- The company operates on a weekly cash flow, ensuring a steady influx of funds to support its operations and potential growth initiatives.

- The business handles an average of 42 trips per week, with a duration of 1 to 2 days per trip, generating an average of MXN 15k per trip.

- Clients primarily consist of industrial companies, particularly in the automotive sector.

- The owner has 35+ years of experience in the transportation business.

- There are a few part-time employees for truck maintenance activities in addition to the 7 permanent employees.

Single dry van transportation from different parts of Mexico going to US thru Laredo Texas border.

Clients primarily consist of industrial companies, particularly in the automotive sector.

7 cargo trucks (Keenworth) for FLT and LTL.

Not rental properties yet, will rent after the purchase for the new units.

Fully funded from 3 founders, who ahve ownership in the business.

Started with 2 units and the rest paid with the profits.

No outstanding debt, no loan.