Don Barlow
Altamont, NY (USA)
Role(s):
Other
db Trucking / FedEx Ground
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Startup
Location:
Altamont
Industry:
Transportation
Year Founded:
2007
Number Employees:
10-50 people
Business Stage:
Creation/Idea
Entity Type:
"S" Corporation
Description:
I need funding to purchase Mike Mcgill trucking for which I currently am employed by. Mike Mcgill trucking is an established trucking company contracted through FedEx ground, consisting of 17 employees, 12 trucks, and a roadservice truck with a full time mechanic. Gross income is over $2,000,000 per year with the potential to increase by $1,000,000 if just 2 team trucks are put on the road (also contracted through FedEx ground) operating costs are on average around 1,548,000 per year. The demand is there for more trucks everyday FedEx asks us for more trucks. The current owner is ready to retire and take on something less stressful on his health and homelife. I want to take the company to the next level! with careful planning and right decisions made this could be the next jb hunt, schneider, swift ect... only difference is this is guaranteed work there are signed contracts through FedEx ground. These contracts are LIFETIME contracts not yearly contracts!