Under offer! Dry Bulk Haulage, Based Darling Downs Region - QLD

13 days ago

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Business ID: BS141600Revenue circa $19 million, EBITDA $2.5 millionWell-established dry bulk haulage and logistics business headquartered in the Darling Downs Region specialising in providing...

About the Business

Business ID: BS141600

Revenue circa $19 million, EBITDA $2.5 million

Well-established dry bulk haulage and logistics business headquartered in the Darling Downs Region specialising in providing logistic support to the agricultural industry hauling a variety of dry bulk items, including grains, fertilisers and feedlot pellets. The business has established an enviable reputation by delivering bulk items in a timely manner over many years, especially when synchronising with ships in port.
Included with the sale are two freehold depots in Queensland, one in the Darling Downs and another  at central Queensland . The business operates a fleet consisting of 16 x Kenworth and 1 x Western Star Prime Movers, along with over 80 trailers, all of which are enrolled with the Intelligent Access Program (IAP).
-Well maintained, modern fleet of 17 Prime Movers
-2 freehold depots/properties included in sale
-Established 14 Years
-Turnover circa $19 million
-EBITDA $2.5 million
-Consistent Revenue Growth
-Owner to stay on 12 months, if required
The owners have operated this business for over 14 years and have been in the industry for 49 years. They are now looking for an exit strategy to enable their retirement.
Offers over $16 million considered, which includes fleet (estimated by owner) valued at $14 million and two freehold properties with an estimated value of $1.5 million. Clear title of all assets will pass to the new owner at settlement.

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