A New Jersey car hauling and truck repair business promises impressive revenue, but raises red flags about its sustainability. The hosts dissect its financials, questioning whether flashy numbers mask a lack of real equity. Personal car-shipping experiences add depth to their analysis. Discussion also covers the owner-operator model, the critical role of freight brokers, and the technological needs of small businesses in this sector. Ultimately, they emphasize the importance of industry knowledge to avoid costly pitfalls in acquisitions.
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question_answer ANECDOTE
Bill's Car Shipping Story
Bill D'Alessandro shared his sketchy experience shipping a car to Colorado involving last-minute payment demands.
The process relied on a stranger to pay $2,500 to accept the car, illustrating trust risks in car hauling.
question_answer ANECDOTE
Nephew's Car Hauling Fail
Heather Endresen shared her nephew's failed entrepreneurial venture in car hauling ending with a trailer tipping over.
This shows ease of entry but also risk and low professionalism in the industry.
insights INSIGHT
Car Hauling Economics Exposed
Car hauling often involves bidding platforms where brokers mark up prices heavily, leaving drivers with thin margins.
The trucker only made half the charged fee, showing the tough economics for operators.
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In this episode, the crew dives into a wild listing for a nationwide car hauling and truck repair company based in New Jersey that claims $7.2M in revenue and $1.2M in EBITDA in just four years of operation. With flashy numbers, minimal physical infrastructure, and a broker touting “strategic growth,” the team questions whether there’s any real equity value here—or if this is just a hustle built on a fleet of three-car trailers and thin margins. Personal car-shipping stories, freight brokerage economics, and trucking regulation shakeups all add context to why this deal might be more risk than reward.
🔑 Key Highlights:
🚚 $7.2M revenue and $1.2M EBITDA from a car hauling biz founded in 2021
🔧 In-house truck repair shop claimed as a competitive advantage
📉 Lack of exclusive contracts and questionable inventory valuation
🧮 Freight brokerage economics breakdown, including Shiply’s margins
💬 Candid takes on why trucking might be the ultimate red ocean industry
🕵️♂️ Questions around customer acquisition, route stability, and defensibility
🧾 Regulatory risks, SBA financing concerns, and the thin line between EBITDA and EBIT
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