Asking Price Open Bid
Financial Information
Revenue: $4,229,310 Income: $985,310
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Profitable Utah Trucking Company with Modern Fleet and Loyal Customers

Short and Long Hauls, 25 Year History of Progressive Growth, $4M Annual Revenue and $900K SDCF

Purchase Considerations

"Project Payload", the Salt Lake City-based Company primarily serves the steel industry, but it also hauls forest products, piping, and construction equipment on both short and long hauls. Most of its business comes through reputation and word of mouth.

The Company’s growth has predominantly been organic and earned from competitive pricing, quality customer service, and on-time delivery. They pride themselves on the quality of their well-maintained, reliable truck and versatile flatbed trailer fleet.

Revenue for 2022 increased by 11% over 2021 to more than $4.2M. During the same period, net income increased by 40% and SDCF increased by nearly 50%.

For new owners, The Company represents an excellent opportunity to buy an already successful, profitable business and assets located in an ideal industry hub with significant growth potential by expanding on marketing and adding additional trucks and drivers.

Certain principals of Raincatcher are registered representatives offering securities and investment banking services through Britehorn Securities, a registered broker-dealer (member FINRA/SIPC). Britehorn Securities and Raincatcher are not affiliated entities.

Locations
stateLevel
Employees
15  
Years in Business
25
Asking Price
Open Bid
Terms

Negotiable

Ownership
100%  
Facilities
Lease 900 sf office, .75 acre paved lot, and paved stalls
Reason For Sale
Owner is looking to explore other business opportunities