I was looking in the classifieds and noticed lots of interest in MC numbers and buying an operating company as is...has anyone on here actually sold their company that way?
Has anyone actually ever sold their MC and company on here?
Discussion in 'Ask An Owner Operator' started by rch10007, Jan 29, 2023.
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TexasRiverRat, W923 and LameMule Thank this.
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JoeyJunk Road Train Member
- Dec 31, 2010
That last one that got shut down was the beat one ever.BennysPennys and Concorde Thank this.
TexasRiverRat Light Load Member
What exactly is their desire or need to buy a new number? I thought that after the number was sold or transferred it reverted back to a new company with no history.
I'm not an O/O, so I'm sure there's something I'm missing.
I don't even know why anyone would want to do that.
In the very beginning there are some Brokers that won't work with you but in a few months that pretty much is gone. And I don't think it's really that many anyway to begin with.
I don't know what anybody is charging or paying for an MC number but it only cost a couple hundred dollars to get one aside from your insurance and whatnot but you'll need that anyway if you bought one so I don't get it.
The only thing I can think is these are people that got shut down or they're scammers or for some reason they're running or hiding from somethingVampire and TexasRiverRat Thank this.
Much cheaper insurance rates is one reason…TexasRiverRat Thanks this.
scoobertdoo Road Train Member
So I could see a point to this.
If the # is a C-Corp, then a stock purchase keeps everything the same.
Judge Road Train Member
- Mar 19, 2014
I had to do some digging but found old info about it.
Goodbye, MC Numbers. Hello, Unified Registration System
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