Very Profitable Freight Company Serving Southern California
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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 39 years ago and has over 130 customers in diverse industries with no customer concentration. The company uses a hybrid brokerage business model to offer lease-to-own trucks to independent motor carriers. The company works with 100 drivers and has about 38 leased-to-own trucks. The company has W-2 employees supporting the dispatch, accounting, and customer care groups. The company leases multiple locations for storage.
Revenue | Seller Discretionary Earnings (SDE)
2019: ~ $26.1 million | ~ $4.1 million
2020: ~ $24.2 million | ~ $3.8 million
2021: ~ $33.8 million | ~ $6.2 million (due to the Pandemic)
2022: ~ $36.1 million | ~ $6.2 million (due to the Pandemic)
2023: ~ $23.9 million | ~ $3.0 million
2024: ~ $25.8 million | ~ $3.4 million
2025: ~ $23.3 million | ~ $2.2 million (due to the US-imposed tariffs)
Please send your inquiries to mmanavi@tworld.com to indicate your interest. We are collecting 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
- 6467
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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