This full-service transportation company has been keeping New Mexico on the move for the past quarter century. It serves the entire state with a concentration on the central and northern New Mexico markets. Recurring income, exclusive contracts, and strong brand recognition are some of its top attributes. The business has ten distinct profit centers, with none representing more than 10% of annual sales. New owners will inherit a large fleet of fully-paid vehicles, software tools that help manage logistics and bookings, and an experienced staff. The employees demonstrate a culture of customer service excellence and the drivers adhere to protocols of strict road safety. While the rise of ride-sharing services has impacted transportation businesses in other markets, they’ve made no dent on this business’ bottom-line. Annual sales have grown over 400% during the last five years and the cash flow has more than doubled. Despite these gains, this business has yet to tap its full growth potential.
Strategic investments in the fleet will help grow this business. Such investments are projected to pay for themselves in a matter of years. The demand is there.
This transportation business has developed several profitable markets, secured lucrative contracts, enjoys a protected status in some sectors, and competitive price points in other markets that makes it the #1 choice.
Seller will ultimately retire.
The Seller is committed to providing a smooth transition. Key management will be available to provide ongoing support, and the Seller is willing to continue in its current position for up to two years. Details to be negotiated.