GOTTESMAN COMPANY &  Cooperating Intermediaries Seller Profile

United States, Canada & Europe Since 1985

America’s International Network of M&A Business Brokers

Acquisition Opportunity S-1847 JPN

S-1847-JPN

Multi-State Truck Rental Company Seeks Growth Capital

Business Description:  The Company provides rental, repair and marketing services to independent semi-truck operators across the United States from multiple locations. The Company rents its vehicles to its customers with an option to purchase at the end of the rental term. Customers may elect to purchase rather than rent vehicles. To serve customers, the Company also offers repair services at its facilities or at independent service locations. Due to multi-year growth and increasing demand, the Company plans to expand its network of affiliated service centers, and open new company-owned rental and customer service centers. Responding to current semi-truck market conditions, the Company has reduced expenses, and upgraded its fleet, with more fuel efficient, latest technology vehicles, to attract new customers.

Strategy: The Company uses active online, text messaging and print advertising to identify prospective customers who are contacted by its company-staffed telesales center. The Company offers multiple rental packages to suit customer needs and assists customers in maximizing the use of their vehicles through the Company’s Shipper’s Network. The Company’s current locations provide current and prospective customers with the opportunity to view available vehicles and speak with customer service representatives.  Growth opportunities in the $650 billion trucking industry include factoring customer receivables, providing logistics services for shippers, and offering driver CDL training.

Operational Strengths: The Company’s multi-decade experience in selling, renting and servicing semi-trucks provides a major competitive advantage, and its handling of customer financing and credit is unique in the vehicle rental business. Operating through its modern repair and display facilities, the Company offers customers the opportunity for self-employment in a professional, corporate setting. The Company has created state-of- the-art systems for managing its finances, inventory, sales, marketing, repairs and customer services.  

The Transaction:  The Company seeks to sell a controlling stake as a means of reducing its debt and securing capital for expansion. A professional management team is in place and is prepared to execute a multi-state expansion plan based on its effective business model.

Financial Summary

  2016 2015 2014
Revenue $26.4 mil $31.6 mil $24.9 mil
Adjusted EBITDA $4.2 mil $9.8 mil $7.4 mil

Other Highlights

Location Financials Management Team in Place Years in Business SIC Classification
Southeast Audited Yes 18 6159, 7513

Direct All Inquiries to:
Gottesman Company
Refer to:  S-1847 JPN
Tel: 212-330-8010     Fax: 646-434-4557
E-mail: office@gottesman-company.com

r4/19/17  

Gottesman Company – 200 East 71st Street – New York, NY 10021 www.Gottesman-Company.com

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