Sunbelt Los Angeles/Whittier
Contact: John MoserOffice Phone: 562-758-1150 Mobile Phone:
Listing ID: LOSWHIT001-N22
Well-Established Western States Transportation & Warehousing Co.
Financial Information
- Asking Price: $1,750,000
- Gross Revenue: $5,292,102
- Cash Flow: $779,833
- Down Payment: 0
- FF&E (Included): $733,000
- Inventory: N/A
- Financing: No
Business Location
- Los Angeles
- Confidential
- California
Established in 1990, this mid-sized transportation and warehousing Company runs like a well-oiled machine. The buyer will benefit from a turnkey business that generates multiple streams of revenue (i.e. FTL, LTL, Drayage, Logistics and Warehousing). It transports general freight across the 11 Western States and offers Port to Sale service. Despite a low customer concentration, the business has shown it can consistently earn high revenues. For the last 4 fiscal years, the gross revenue average was more than $5.2m and, the Company is on pace for that amount this year. The Seller only works part-time hours due to an experienced office staff that handles the day to day operations.This is a relocatable and scalable business that is ready for the right buyer to take it to the next level!
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
Support / Training Comments
The Seller will provide 4 weeks of training at 25 hours per week after the close of escrow.
Financing Comments
*Note that the Annual Receipts ($5,292,102) and Annual Cash Flow indicated ($779,833) were annualized based on the first 7 months of the Company's current fiscal year (10/1/18 - 4/30/19).
Reason For Sale
Seller's health and plans for relocation.- Home Based: No
- Year Established: 1990
- Franchise: No
- 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: 30000 sq ft
- Monthly Rent: $22,000
- Lease Expires: 02/20/2020
- Transaction Type: NULL
- Investment Type: NULL
- Transaction Fee: Paid by Seller