Please ensure Javascript is enabled for purposes of website accessibility Very Profitable Freight Company Serving Southern California | Transworld Business Advisors Orange

Very Profitable Freight Company Serving Southern California

Listing Number: 51951-392933

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.

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 [email protected] indicating your interest.
We are collecting LOIs.

Listing Details

  • Price: € 13,000,000
  • Down Payment: €3,900,000
  • Sellers Discretionary Earnings: € 3,034,035
  • Total Sales: € 23,897,779
  • Location: Los Angeles County, California

  • Inventory: € 0
  • FF&E: € 0
  • Employees:
  • Reason for Selling: Retirement
  • Category: Transportation
Very Profitable Freight Company Serving Southern California

Business Listed By:

Mahdad (Matt) Manavi
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