How Long Does It Take to Sell a Business
How long does it take to sell a business? Discover realistic timelines, phases, and factors that speed up or delay a sale for owner-operated companies.
September 8, 2026
By Remi Taffin · October 29, 2026
To sell your trucking business, you get it valued, clean up your books and safety records, decide whether you’re selling the company or just its assets, and then bring in a broker who knows trucking buyers. Small trucking companies have sold for an average of 3 times what the owner takes home each year. BizBuySell reports a median sale price of $1,137,500 on median revenue of $1,954,881 (BizBuySell trucking benchmarks). Most of the work is in proving that your freight, drivers, and safety record will hold up after you leave.
Here is the middle of the market for small trucking companies sold through BizBuySell (BizBuySell):
| Measure | Median or average |
|---|---|
| Sale price | $1,137,500 |
| Revenue | $1,954,881 |
| Owner earnings (SDE) | $400,000 |
| Earnings multiple | 3.0x |
| Revenue multiple | 0.65x |
Larger fleets get a wider range of outcomes. Valuation specialists at KSM, a CPA firm, say EBITDA multiples for trucking companies over the past five years have run from less than 1 times to more than 20 times (KSM, August 2026). That spread tells you one thing: in trucking, the details of your business matter more than any average.
Trucking is different from most service businesses because the equipment is worth real money on its own. A buyer will check two numbers:
If the business earns well above what the equipment is worth, you’re selling a business, and you should be paid for it. If earnings are thin, a buyer may only offer equipment value plus a little extra. In that case, it may make sense to sell the fleet and wind down instead.
Older trucks mean the buyer will spend money soon to replace them. They’ll take that out of the price. KSM lists fleet condition and replacement needs as a key factor in trucking values (KSM). Have a list ready with each unit’s year, mileage, and whether it’s paid off.
You can’t sell your operating authority by itself. It goes with the company.
| Sale type | What happens to your authority |
|---|---|
| Stock sale (buyer takes over the whole company) | The company, its USDOT number, and its authority stay the same. Only the owner changes |
| Asset sale (buyer buys trucks, contracts, and customers) | The authority doesn’t move on its own. If the buyer takes over the entire operation, both sides can ask FMCSA to record a transfer. Otherwise the buyer runs under its own |
FMCSA stopped requiring approval for authority transfers in 2013. It now records a transfer when it’s part of the sale of an entire operation and both the seller and buyer notify the agency (FMCSA).
| Buyer type | What they want | How they usually pay |
|---|---|---|
| Another carrier | More trucks, drivers, lanes, or customers | Cash, sometimes with an earnout tied to customers staying |
| Individual buyer | A business to run, often with your help at first | SBA loan plus a seller note |
| Private equity or a larger group | A regional carrier to build on | Cash plus a share of ownership you keep |
Many trucking buyers are other carriers who want your drivers and customers more than your trucks. That’s why who your customers are, and whether they’ll stay, usually matters most. Read more about what kinds of buyers will be interested in your business.
Most sales take six months to a year. See how long it takes to sell a business for a stage-by-stage timeline. For more on your options, browse the Future Options section.
When you’re ready to talk to someone, find a business broker whose past deals look like your business. It costs you nothing.
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