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Highly profitable express linehaul transport of refrigerated & dry freight including fresh produce, frozen goods, dry groceries, parcels and general freight. Approximately 56.3% of freighted transported is refrigerated. Geographic areas serviced include two state capital cities and regional and remote areas.
The Business generated sales of approximately $40.0 million and a Normalised EBITDA of approximately $11.8 million (29% EBITDA margin).
Key investment features include;
• Opportunity to grow the Business;
• Highly profitable having generated EBITDA margins of 29%;
• Modern Well Maintained Fleet - including 50 prime movers with an average age of 3.4 years
and 143 trailers;
• Established Loyal Customer Base - services a range of blue chip customers including grocery
• Reliability of Service;
• Limited Competition; and
• Experienced Management Team.
There are numerous M&A opportunities available to grow the business to $30+ million EBITDA
Operates on route that has limited competition
Founders have retired from the business
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