313 Main St Center City, MN 55012

Property Details for 313 Main St

Property type

Commercial real estate

Description

This well-established Minnesota trucking company, founded in 2014, is offered for sale at $1,900,000. Generating $1,460,790 in gross revenue and $502,001 in SDE, this business boasts a strong reputation for reliable, on-time deliveries in the Upper Midwest. The company operates its own fleet of tractors and trailers, employing 7 full-time and 1 part-time employee. The seller is offering financing with a 14-year, 0% interest plan. The business currently leases a small office space on a month-to-month basis, and includes $1,056,000 in FF&E. The seller is retiring and moving overseas, offering a 200-mile, 2-year non-compete agreement. One week of support and training will be provided to the new owner. This presents a unique opportunity to acquire a profitable, growing business with significant potential for expansion through targeted marketing initiatives. The industry is projected to grow to $90.2 billion by 2027, with continued outsourcing of trucking services by manufacturers and increased consumer spending driving demand. This company's consistent operational excellence and strong customer relationships provide a solid foundation for continued success and growth under new ownership. The 24/7 operation has minimal marketing needs, demonstrating strong organic demand and a solid reputation.