Company Value

Discussion in 'Ask An Owner Operator' started by kelboy1971, Nov 4, 2017.

  1. kelboy1971

    kelboy1971 Bobtail Member

    22
    8
    Mar 31, 2014
    0
    Hi guys, I'm thinking of selling my truck, trailer, and client list to a friend of mind and I'm not sure how to go about valuing everything especially the list, has anyone done this before and do you have any tips for me?
    Thanks guys
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. nightgunner

    nightgunner Road Train Member

    2,112
    2,800
    Jul 23, 2013
    Cedar Rapids, IA
    0
    Equipment value would be wholesale, client list is harder. Would the buyer acquire existing contracts? Would the existing customers even be willing to work with the new owner?
     
  4. ACAJOE

    ACAJOE Light Load Member

    59
    49
    May 24, 2013
    0
    A multiple of your annual revenues should establish a value like any other company.

    Maintaining those relationships after the sale is mostly his problem so long as you don't torpedo him behind his back.
     
  5. Ridgeline

    Ridgeline Road Train Member

    22,649
    120,865
    Dec 18, 2011
    Michigan
    0
    As acajoe said, it is a multiple of your annual revenue that you base it on.

    The hard assets are part of that price, the customer list ... that's the bulk of the price.
     
  6. Liquidforce

    Liquidforce Light Load Member

    273
    285
    Sep 27, 2016
    Savannah GA
    0
    Curious, what multiple’s do trucking companies typically sell at. I’d expect to see a rentention clause with an offset for customers not retained, along with a fairly heavy restraint of trade (which are notoriously hard to enforce unfortunately) if it were a business I was looking to purchase.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.