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  • RE:  Freight & Cargo Transport From Ocean Port
  • Contact:  Jared Olson
Owner Financing is Available!
20% Seller Financing and/ or Equity Roll $1,965,000 80% Buyer and Lending $7,860,000.

Quick Facts

Asking Price: $9,825,000
Annual Revenue: $17,520,358
Net Profit: Not Disclosed
Cash Flow: $4,549,085
Total Debt: Not Disclosed
FF&E: $3,030,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 50
BBN Listing #: 75234398
Broker Reference #: DIS014-D

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Business Overview:

The majority of products being transported are housewares and household cleaning products. The hauling of freight from an ocean port to a warehouse, also described as transporting goods over short
distances (aka the first mile), or Port Drayage. They boast an incredible 85% repeat client base, which is made up primarily of manufacturers. Due to the staff in place, the owner is part time and has little client interaction and handles general oversight of the team.
Their team is made up of 50 employees, including 1 Operations Manager, 1 Sales Director, 1 Fleet Manager, 1 HR & Recruiting, 3 Accounting, 1 Leasing Manager, 2 Dispatchers, 2 Customer Service Reps, 30 Drivers, and Mechanics. The goal is to find a strategic buyer who can handle the impressive growth the company is seeing. To
ensure a successful transition, the owner is willing to stay on board for 3-5 years post-close.

This business has a very low CapEx due to the California ARB grant money! As a show of good faith and vested interest in the business, the owner is open to finance or roll equity of 20% of the purchase price! Priced at $9,825,000 this business has a well-established team
and chain of command for a new owner to easily step into. This acquisition opportunity also comes with enough stability and a long enough transition period for new ownership to implement different growth opportunities like an active marketing schedule or focused outside sales tactics to expand the current client base via referrals or cold contacts for even further growth.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

51 Tractor/Trucks: $3,030,000 including 12 Volvo Tractors, 19 Cascadia Tractors, 19 International Tractors, 1 Van.

Reason for Selling:

Strategic Buyer who can handle the growth.

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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