Trucking Company Seeking Loan in Columbus, United States
Trucking company seeks a business loan to acquire a FedEx contractor in Dallas.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | S Corporation |
| Reported Sales | USD 5.6 million |
| Run Rate Sales | USD 6.6 million |
| EBITDA Margin | 20 % |
| Industries | Trucking |
| Locations | Columbus |
| Local Time | 11:14 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
850 thousand
for
20.0%
annual interest,
4
years
(Native Currency: USD 850,000)
Reason: To buyout a Dallas based FedEx contractor.
Collateral Available: USD 1 million
Includes physical assets worth
USD
2 million
Interested to connect with advisors
Business Overview
- Ohio based trucking company offers logistics and hauling services to clients.
- FedEx contractors haul trailers from one terminal to another terminal as per client's requirements. The drivers run the same set of lanes every week.
- FedEx pays its contractors every Friday via direct deposit.
- The FedEx contractor we plan to acquire has 7 dedicated teams and 1 dedicated solo run (domiciled out of the Dallas terminal), 4 dedicated teams (domiciled out of the Fort Worth terminal), 3 dedicated solos and 1 unassigned solo (domiciled out of the Sherman terminal).
- The FedEx contractor we plan to acquire is on pace to have a Net Income of USD1.8M in 2020.
- FedEx contractors haul trailers from one terminal to another terminal as per client's requirements. The drivers run the same set of lanes every week.
- FedEx pays its contractors every Friday via direct deposit.
- The FedEx contractor we plan to acquire has 7 dedicated teams and 1 dedicated solo run (domiciled out of the Dallas terminal), 4 dedicated teams (domiciled out of the Fort Worth terminal), 3 dedicated solos and 1 unassigned solo (domiciled out of the Sherman terminal).
- The FedEx contractor we plan to acquire is on pace to have a Net Income of USD1.8M in 2020.
Products & Services Overview
FedEx contractor providing linehaul service, hauling trailers from one FedEx terminal to another terminal.
Facilities Overview
Have a rented office space in Columbus and all our trucks are parked for free at a terminal.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCo-founder, Lewes, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Ahmedabad, Financial Consultant connected with the Business
-
Earlier than 15 daysLoan Advisor, St. Louis, Financial Consultant connected with the Business
Tags:
Mover & Packer Company Seeking Loan in Columbus, United States
·Dispatching Company Seeking Loan in Columbus, United States
·Lend to Mover & Packer Company in Columbus, United States
·Trucking Company Seeking Loan in Columbus, United States
·Lend to Dispatching Company in Columbus, United States
·Lend to Trucking Company in Columbus, United States
·Mover & Packer Company Seeking Loan
·Dispatching Company Seeking Loan
·Lend to Mover & Packer Company
·Trucking Company Seeking Loan
·Lend to Dispatching Company
·Lend to Trucking Company
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