Buying a trucking company in Jacksonville and Northeast Florida
Jacksonville and Northeast Florida has 45 established trucking companies by our count: companies in business at least 15 years that still file with the state every year and aren't part of a larger group. Of those, 69% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.
What it takes to own one
Trucking companies in Jacksonville and Northeast Florida come in every size. Here's what owning one could look like at three levels, from a solid company to one of the leaders, with a small business loan covering most of the price.
- Earns about
- $428,000 a year
- Price about
- $1.3 million
- Your cash
- $183,000
- Could pay you
- up to $193,000 a year
- Earns about
- $708,000 a year
- Price about
- $2.2 million
- Your cash
- $302,000
- Could pay you
- up to $319,000 a year
- Earns about
- $1.5 million a year
- Price about
- $4.6 million
- Your cash
- $638,000
- Could pay you
- up to $672,000 a year
Earnings are owner earnings: profit plus what the owner pays themselves, before loan payments and taxes. They and the prices are our estimates from public records, not the owners' figures, and we value companies like these at about 3.0 times a year's owner earnings. Your cash covers the down payment and closing costs, and what the business could pay you is what's left after the loan payments and the cushion lenders require. The more cash you bring, the further up you can go.
Age, size and location
Revenue is our estimate from public records, grouped into wide ranges.
| In business | Companies |
|---|---|
| Under 20 years | 14 |
| 20 to 29 years | 21 |
| 30 to 39 years | 6 |
| 40 years or more | 4 |
| Estimated yearly revenue | Companies |
|---|---|
| Under $1M | 2 |
| $1M to $2M | 1 |
| $2M to $4M | 6 |
| $4M to $8M | 5 |
| Over $8M | 4 |
| County | Companies |
|---|---|
| Duval | 36 |
| Clay | 5 |
| Other counties | 4 |
| Town | Companies |
|---|---|
| Jacksonville | 33 |
What the best trucking companies have in common
- Direct shipper customers with years of history, not only brokered loads that can vanish when rates fall.
- A clean safety record: few crashes, good roadside inspection results, and no conditional or unsatisfactory rating from FMCSA, the federal safety regulator.
- A maintained fleet with documented service records and a sensible replacement schedule.
- Drivers who stay, because pay, equipment and home time are good. Turnover is one of the biggest hidden costs in trucking.
- Insurance at a reasonable premium, backed by a clean claims history.
- A safety manager and dispatcher who run daily operations without the owner.
- Costs tracked per truck and per mile, so the owner knows which routes and customers make money.
- Freight both into and out of Florida, so trucks don't run long distances empty.
What to check before you buy
- FMCSA safety data: inspection results, crash history, out-of-service rates and any audit or investigation findings.
- Driver files, drug and alcohol testing records and hours-of-service logs.
- Insurance quotes for you as the new owner before you commit. Premiums can jump with a change of ownership or a new USDOT number.
- Each truck's age, mileage, maintenance records and what's owed on it.
- How much depends on the biggest customers, brokered versus direct revenue, and rates per mile on each route.
- Owner-operator agreements, and whether those drivers are properly treated as contractors.
- Open claims, cargo damage claims and lawsuits, including any from crashes.
- For household movers, complaints filed with FDACS, and whether estimates and contracts follow Florida's moving law (chapter 507).
- Data from tracking devices and dash cameras, if the fleet has them, which shows how the trucks are actually driven.
Questions to ask the owner
- What share of revenue comes from direct shippers, and how long have they worked with you?
- How long do your drivers usually stay, and how do you find new ones?
- How has your insurance cost changed over the last three years?
- Have you had any serious crashes, audits or FMCSA investigations?
- How do you find loads leaving Florida?
- Who handles safety compliance and dispatch today?
- When does each truck need replacing?
To learn what these companies do, which licenses they need and how ownership works, read our full guide to buying a trucking company in Florida.
Owning a company in Jacksonville and Northeast Florida
The local economy
This region covers Duval, St. Johns, Clay, Nassau, Baker and Putnam counties: Jacksonville, Jacksonville Beach, St. Augustine, Ponte Vedra Beach, Orange Park, Fleming Island, Green Cove Springs, Fernandina Beach, Yulee, Macclenny and Palatka. Jacksonville merged with most of Duval County in 1968, which makes it the largest city by land area in the lower 48 states.
The economy leans on logistics, the Navy and financial services. Logistics runs through JAXPORT, major rail lines and the meeting of Interstates 95 and 10. The Navy has Naval Air Station Jacksonville and Naval Station Mayport. Insurance and health care matter too. St. Augustine, founded by the Spanish in 1565, and Amelia Island draw steady tourism. Trucking and logistics firms, the building trades, medical practices and home services all fit this market.
What's different about owning a company here
Northeast Florida is less seasonal than South or Southwest Florida, with fewer winter residents and more year-round employers. Direct hurricane landfalls have been less common here than on other parts of the coast, but storms still bring flooding along the St. Johns River and the beaches, so check insurance costs and flood zones.
Military families bring skilled workers and working spouses into the labor pool, though they also move on when orders change. St. Johns, Clay and Nassau have added the most new homes, and companies serving those suburbs have grown with them. Georgia is close, and some companies here serve customers across the state line. Work in Georgia may need Georgia licenses, so ask how much revenue comes from there and who holds those licenses.
Trucking companies in other regions
- South Florida (118)
- Tampa Bay (85)
- Orlando and Central Florida (84)
- Space Coast and Volusia (27)
- Southwest Florida (52)
- Treasure Coast (18)
- Panhandle and North Florida (26)