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Buying a trucking company in Space Coast and Volusia

Space Coast and Volusia has 27 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, 85% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.

27
established companies
85%
built over 20+ years
$214k+
a year, earned by the top quarter
26%
built over 30+ years

What it takes to own one

Trucking companies in Space Coast and Volusia 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.

A solid company
Earns about
$106,000 a year
Price about
$325,000
Your cash
$45,000
Could pay you
up to $48,000 a year
A strong company
Top quarter in Space Coast and Volusia
Earns about
$214,000 a year
Price about
$651,000
Your cash
$91,000
Could pay you
up to $96,000 a year
One of the leaders
Top tenth in Space Coast and Volusia
Earns about
$277,000 a year
Price about
$845,000
Your cash
$118,000
Could pay you
up to $125,000 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 businessCompanies
Under 20 years4
20 to 29 years16
30 to 39 years4
40 years or more3
Estimated yearly revenueCompanies
Under $1M3
$1M to $2M5
$2M to $4M2
$4M to $8M1
CountyCompanies
Brevard16
Volusia6
Flagler5
TownCompanies
Melbourne5
Palm Coast5

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 Space Coast and Volusia

The local economy

This region covers Brevard, Volusia and Flagler counties: Melbourne, Palm Bay, Titusville, Cocoa, Cocoa Beach, Merritt Island, Daytona Beach, Port Orange, Ormond Beach, DeLand, Deltona, New Smyrna Beach and Palm Coast. Brevard's economy is built around space. Rockets launch often from Kennedy Space Center and Cape Canaveral Space Force Station, and aerospace and defense manufacturers and their suppliers employ engineers, technicians and machinists across the county. Port Canaveral is a major cruise port.

Volusia depends more on tourism, beaches and big events, with Daytona's motorsports and motorcycle rallies drawing crowds. Health care and a large retired population matter too. Flagler County, around Palm Coast, is mostly residential. Machine shops, electrical and engineering firms, home service companies, marine businesses and restaurants all have a place here.

What's different about owning a company here

Brevard's fortunes follow the space and defense programs. A company that sells to aerospace firms should be able to show you how many customers it depends on and how secure their work is. Business in Volusia spikes around big events and the winter season, so look at revenue by month.

The whole coast faces storm risk. In 2022, Hurricane Ian brought flooding to much of Volusia, and Hurricane Nicole, which came ashore near Vero Beach six weeks later, washed away beaches and seawalls along the Volusia coast. Beachfront property needs careful insurance and structural checks. The Indian River Lagoon and the St. Johns River make boating and fishing part of daily life, which keeps the marine trades busy. Palm Coast and the Palm Bay area have added many new homes, and companies serving those areas have grown with them.

Trucking companies in other regions

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