30 yr old Trucking - Warehousing - Drayage Company
Financial Information
- Asking Price: $1,750,000
- Gross Revenue: $4,917,617
- Cash Flow: N/A
- Down Payment: 0
- FF&E (Included): $600,000
- Inventory: N/A
- Financing: Yes
Business Location
- Los Angeles
- Confidential
- California
This 30 yr old essential transportation and warehousing business is on pace to generate more than $5.5m in gross revenue in its current fiscal year. That would be more than a 10% increase in YOY. With the addition of a dedicated sales team and some technology, the Seller believes this business can double in growth. The buyer will benefit from a turnkey business that generates multiple streams of revenue from 3 overlapping divisions (i.e. trucking, drayage, and warehousing). The Company focuses on the transportation of general freight across the 11 Western States and offers Port to Sale service. As part of the sale, the buyer will receive approximately $600,000 - $700,000 (based on actual cash value) in tractors, trailers, chassis, and forklifts. This equipment is in fair condition. This is a scalable business that is ready for the right buyer to take it to the next level! **No SBA please.
Competition Description
There are other trucking companies in Southern California; however, very few, if any, can provide "Port to Sale" services like this Company.
Growth / Expansion overview
The Seller currently does very little advertising and marketing, and therefore believes there are opportunities for growth within each line of service offered by the Company. Expanding the service area, increasing the internet footprint and dedicating staff to new customers, are just a few examples that can take this business to new heights.
Support / Training Comments
The Seller will provide 4 weeks of training at 25 hours per week after the close of escrow.
Financing Comments
Seller financing available.
Reason For Sale
Seller's health and semi-retirement- Home Based: No
- Year Established: 1990
- Franchise: No
- Year Acquired: 1990
- Willing to Train: Yes
- Relocatable: Yes
- Required Licences: City Business License, US DOT,
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: N/A
- Part time Employees: N/A
- Is Management Staying: Yes
- Distressed: No
- Monthly Payroll: $0
- Building Size: 14400 sq ft
- Monthly Rent: $15,120
- Lease Expires: 03/01/2025
- Transaction Type: NULL
- Investment Type: NULL
- Transaction Fee: Paid by Seller