Business Description
*This is a business sales offer for a package of THREE business entities including equipment and real estate.
*The business focuses on Dump Truck Hauling Service and Snow Removal Services.
*The business has served the DMV area since 2001.
*The business generates over ONE MILLION DOLLARS of cash flow annually.
*The business generates around an average of TEN MILLION DOLLARS in sales annually between 2019 and 2022. The peak annual gross sales is $14.8 Million.
*The business generates significant revenues and cash flow by contracting with commercial and Government clients.
*The THREE business entities including 1. the operating company, contracting with commercial and Government clients to provide hauling and snow removal services; 2. the company owns the trucks and leases these vehicles to the operating company; 3. the company owns the real estate and leases the office spaces and the lot to the operating company.
Services:
* Trucking and hauling construction material;
* Providing dump sites for unsuitable and suitable topsoil;
* Snow removal service.
Why purchase our business?
Over recent years, the need for reliable logistics services has been highlighted in many ways. Our Company’s long track record of excellent service for years has positioned the company for the future.
The breadth of our services provides revenue diversity in a mix of industries, thus providing a great significantly positive outlook for the future.
Currently, the company has a hauling contract with various commercial contractors and the Government in Northern VA. Furthermore, we have a current Snow Removal Contract with the Government, covering several highway corridors, with over 50 trucks participating. Our snow removal experience spans over 17 years in the DMV area.
Detailed Information
Location: Chantilly, VA
Real Estate: Owned (Included in asking price)
Building SF: 3,024
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The real estate is located in Chantilly, VA, under the jurisdiction of Loudoun County. This office building with 3,024 SF of building area is located on a piece of 1.02 AC land, with PDGI zoning. The property is currently used as the company office and the parking lot for vehicles and equipment.
Competition: Over the five years to 2021, revenue for the industry is expected to increase, bolstered by a resurgence in construction activity. Downstream construction contractors use industry vehicles to haul various inputs to construction sites, in addition to removing excess materials from construction sites. As a result of these positive trends, industry revenue has grown steadily over the past 5 years. Research experts estimate continued growth in both Road and Building Construction.
Growth & Expansion: The Company has shown steady growth in revenues, and its net income performance over the last 5 years is great. The Covid Pandemic, as with many businesses, had a significant negative impact on 2020 and 2021. However, 2022 has shown a recovery of steady growth. Overall, the company has experienced an average annual revenue growth of 18.9% since 2018. Revenues are derived from a broad customer base.
Support & Training: The owners are willing to stay on board after the sale for a while up to 2 years until the buyer is comfortable running the business on their own or hiring the right person to run it.
Reason for Selling: Retire
