2min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

Trucker Sells his Company for $300k cash, Launches $1m ARR SaaS

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

Can You Scale Your Trucking Company to 1000 Trucks?

Trucking companies are usually valued at three to five times their EBITDA. So if you're making 5,000 net per truck, multiply times three X, you sold your company for something like $15,000 per active truck. 15,000 times 20 trucks, you sold it for around 300 grand,. That's correct. Why sell it? Because I wanted to focus on the technology because I found there's a gap there and this can scale. It's always a lot of overheads running a truckingCompany. But the solution, because I saw that people liked it. The auditor came and he said, you know, I wish everybody had this. And that's when

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