Price:
$
13,000,000
Very Profitable Freight Company Serving Southern California
Very Profitable Freight Company Serving Southern California
Los Angeles County, California
$
13,000,000
*** The Business is Currently Under Contract ***
This well-established freight company provides drayage service He has enough equity and cash to qualify with one of the banks. He will send me the proof of funds.
es from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 37 years ago and has over 130 customers in diverse industries.
The company uses a hybrid brokerage business model in offering lease-to-own trucks to the carriers/contractors. The company works with 105 drivers and has 43 leased-to-own trucks.
The company has about 26 full-time and one part-time employee.
The company leases multiple locations for storage.
Revenue:
2019: ~ $26.1 million
2020: ~ $24.2 million
2021: ~ $33.8 million
2022: ~ $36.1 million
2023: ~ $23.9 million
Adjusted EBITDA:
2019: ~ $3.9 million
2020: ~ $3.5 million
2021: ~ $5.9 million
2022: ~ $5.9 million
2023: ~ $2.8 million
Seller Discretionary Earnings (SDE):
2019: ~ $4.1 million
2020: ~ $3.8 million
2021: ~ $6.2 million
2022: ~ $6.2 million
2023: ~ $3.0 million
Please send your inquiries to mmanavi@tworld.com indicating your interest.
We are collecting LOIs.
Map
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Listing Details
Very Profitable Freight Company Serving Southern California
Location:
Los Angeles County, California
Down Payment:
$
3900000
Down Payment: $ 1300000
Sales:
$
23897779
Sellers Discretionary Earnings:
$
3034035
Reason for Selling:
Retirement
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
*** The Business is Currently Under Contract ***
This well-established freight company provides drayage service He has enough equity and cash to qualify with one of the banks. He will send me the proof of funds.
es from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 37 years ago and has over 130 customers in diverse industries.
The company uses a hybrid brokerage business model in offering lease-to-own trucks to the carriers/contractors. The company works with 105 drivers and has 43 leased-to-own trucks.
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Revenue:
2019: ~ $26.1 million
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2019: ~ $3.9 million
2020: ~ $3.5 million
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2023: ~ $2.8 million
Seller Discretionary Earnings (SDE):
2019: ~ $4.1 million
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