Internal Ref: 100
Summary
Long standing, highly profitable, regional dominant solution. Multiple depot/hard stand locations strategically placed across the region.
Revenue
$21,000,000 pa
Hours
Monday to Friday, 08:00am to 05:00pm
Reason for Sale
Retirement
About the Business
No. 1 general freight solution for a specific region of Southern Queensland. Multiple depot/hard stand locations strategically placed across the region.
This privately owned and operated company has established itself over numerous decades as THE general freight/logistics solution to a specific geography in Southern Queensland. This geography is synonymous with key Australian market segments such as; resources, agriculture and manufacturing. The business model has been honed to accommodate the many sizes and requirements of the clientele and the vastness, complexity of the area.
A key measure/benchmark for any business (particularly in the world of freight/logistics) is client loyalty. Across their entire database of clients, 88% of today’s customers, have been loyal to this business for more than 2 years.
This would be an ideal strategic acquisition for another transport operation seeking to expand, be it currently Queensland based or from an inter-state company aspiring to break into the lucrative SQ market.
Key Performance Metrics
- Successful privately owned operation, spanning multiple decades.
- $21m rev for FY 2023, registering another year of impressive growth.
- Excellent EBITDA performance for FY 2023.
- Half year 2024 delivered another outstanding result for both revenue and EBITDA.
- Largest client accounts for only 8.2% of $rev (2022-23 $ YTD).
- 88% of clients have been serviced for more than 2-years (this number is growing).
- 51% have been loyal clients for more than 6 years.
- The business has a full complement of professional personnel across all areas of the business (head office, warehouse, logistics) currently totaling approximately 70.
- Four operational locations spread across the region served including a purpose build Head Office/Warehouse/Yard (the location is not included in the sale price).
- An independent external valuation has been completed on the vehicle fleet, the outcome of which will be disclosed.
- The fleet value (which is NOT included in the asking price) has been independently valued at $4.6m). This would make the total investment value circa $9m.
This is an exceptional opportunity to expand into the lucrative South Queensland freight/logistics market!
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