Very Profitable Freight Company Serving Southern California

Asking Price$13,000,000

Cash Flow
$3,417,343
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$25,762,888

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Very Profitable Freight Company Serving Southern California


Asking Price$13,000,000

Cash Flow
$3,417,343
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$25,762,888

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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.
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

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Matt Manavi California Mergers and Acquisitions

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.


Similar Listings
Window Genie
$50,000Window GenieFeatured Franchise
13 FedEx Ground Routes, Burbank CA
$1,650,00013 FedEx Ground Routes, Burbank CALos Angeles County, CA
A Full-Service Commercial Towing Company
$1,950,000A Full-Service Commercial Towing CompanyLos Angeles County, CA
Long Established Towing Company
$2,996,000Long Established Towing CompanyLos Angeles County, CA
Window Genie
$50,000Window GenieFeatured Franchise
13 FedEx Ground Routes, Burbank CA
$1,650,00013 FedEx Ground Routes, Burbank CALos Angeles County, CA
A Full-Service Commercial Towing Company
$1,950,000A Full-Service Commercial Towing CompanyLos Angeles County, CA
Long Established Towing Company
$2,996,000Long Established Towing CompanyLos Angeles County, CA
Window Genie
$50,000Window GenieFeatured Franchise