Very Profitable Freight Company Serving Southern California
Business Description
This well-established freight company provides drayage service 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
2024: ~ $25.8 million
Adjusted EBITDA:
2019: ~ $3.9 million
2020: ~ $3.5 million
2021: ~ $5.9 million
2022: ~ $5.9 million
2023: ~ $2.8 million
2024: ~ $3.2 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
2024: ~ $3.4 million
Please send your inquiries to mmanavi@tworld.com, indicating your interest.
We are collecting backup LOIs.
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
2024: ~ $25.8 million
Adjusted EBITDA:
2019: ~ $3.9 million
2020: ~ $3.5 million
2021: ~ $5.9 million
2022: ~ $5.9 million
2023: ~ $2.8 million
2024: ~ $3.2 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
2024: ~ $3.4 million
Please send your inquiries to mmanavi@tworld.com, indicating your interest.
We are collecting backup LOIs.
About the Business
- Opportunities for Growth
- Very large
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 4
Listing Info
- ID
- 2189662
- Listing Views
- 6018
Listing ID: 2189662 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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