Acquisition Opportunity S-1795 -S 

TRUCKING COMPANY – CONTRACT CARRIER 

Well established trucking company located in S.W. Ohio.  The company has over 80 active companies that it provides contract hauling on a local, intrastate and interstate basis.  Many of these companies have been customers for 10-20 years, including nine of its ten largest customers. 

The improving economy should allow the company to generate higher revenues and profits in 2004. 

INVESTMENT HIGHLIGHTS:

·        Established company with an excellent reputation

• Well established loyal customer base – many have been customers for 10-20 years
• Possibly ideal timing for the acquirer as economy begins improving
• Stable, long term employees
• The owner is willing to provide a smooth transition and would consider a longer term consulting agreement.
• Priced near asset value
• Revenues and profitability for 2004 is expected to improve due to new customers

 PURCHASE PRICE:

 Selling price for the business is $1,450,000 structured as an asset sale, free and clear of debt and leases.  Receivables of $250,000 and all equipment are included. 

Financial Summary (rounded):