Transportation and storage
This is a great chance to buy a trucking company in Louisiana servicing the oil & gas industry.
The company has MSAs (Master Service Agreements) with a number of major oil & gas companies in the area. This business for sale features strong management and outside sales reps, concentrates on quality and safety standards, and, finally, is well-respected within the community.
A major part of work is performed by employees of the company, but also they employ a few owner-operators. Currently, the business is turning down work to stay focused on reliable quality service for their existing clients. It is reaching a direct margin of 34% executing work with their own trucks and a 20% direct margin for work done by owner-operators. A new owner could boost margins by investing in company-owned vehicles.
Growth strategies have been identified by the owners and will be discussed in detail with the buyers of this business after signing an NDA and proof of funds. There is good, longstanding management in place for new buyers of the business. The owner is selling to pursue other business interests, and, if required, will stay on in a consulting role for a time.