Listing 3434 - Business For Sale: Des Moines, Iowa

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Seeking Investor Trucking Company
Office ID# 35171
Listing # 3434

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Listing Information
Location	Located in the central region of Iowa, the State Capitol. Iowa United States

Business Details
Asking Price	$600,000.00
Will Consider Financing	No
Will Remain For Transition
Owner agrees to partner with an investor or if sold to stay through a reasonable transition period.
Will Accept Non-Compete	No
Formal Business Valuation	No

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Business Description

Seeking Investor for partnership with this trucking company that was established in 1997. In 1998, the company Incorporated and began to grow adding trucks and employees yearly. It would be beneficial to have an investor to form a partnership in order to continue the minority status of the company for obvious reasons, such as bidding status and tax advantages. The present owner would also consider any serious considerations for a sale of the business as well. The company is established with city, state and government contracts as well as snow removal contracts. They have built a good reputation and working relations with various large construction companies. The company started with one old dump truck. At the present time there are 7 tandem axle dump trucks, a dump pup, a belly dump and a side dump. There are 3 single axle trucks utilized for the smaller jobs and hard to get to places. There are also tractors and flat bed trailers for hauling materials. There is a track loader, wheel loaders and a skid loader. In the winter they remove snow with pickups and singles with blades. The company hauls land and natural materials such as dirt, rock, crushed concrete and recycled materials. They are qualified for demolition and removal and are qualified to work on some excavation and backhoe work. Currently the business operates Monday through Saturday with 1 full time and 6 part time employees in a ‘hands on’ manner. A contractor’s license is required. Through an investor a partnership could be formed to increase the potential of expansion for this already successful trucking company. The owner agrees to stay through a reasonable transition period if sold outright. 70% of total revenues stems from hauling raw materials. Snow removal accounts for 20% and the remaining 10% of revenues are generated by hauling OTR flatbeds. To learn more contact us today!

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