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Small To Medium Westcoast Delivery Company For Sale

Lake, California - South
Asking Price:
$7,500,000 Furniture / Fixtures included
Sales Revenue:
$8,100,000
Cash Flow:
$500K - $2.5M

For Sale Delivery Business. Started in 1993 doing 1 delivery a week. Built on nothing but Integrity, Customer Service and Hard Work. The business has a great customer base and owns outright all the equipment except for a few leased items. Almost 30 tractors with 50+ trailer from Flatbeds, Refers, and Dry Vans. There also are Bobtails, Stakbeds, and Sprinter Vans. The business generated over $8M in sales in 2015 and $7.7M in 2016 with profits of over $800K - $1M+. The business has it's own service truck, Tow Truck and repair shop with machinery, Tools and parts inventory. Also a 5 acre yard with 3000SQFT repair shop bulling office and equipment great team. Owner ready to retire and sell everything to someone that is willing to put in the time and effort to take it to the next level. Asking Price with yard $7.5M for business and assets including yard $6M for business and assets less land. No debt what so ever. The business is making money. Owner just ready to move on to next venture in Central America.

Property information

Real Estate:

Real Property Included

Living Accommodation:

The yard has two older homes on it which are quite nice.

Location:

Located at Churchill and Grand 5 acres on the lake.

Premises Details:

4 Parcels with large repair shop and 2 older homes one used for the office. 4 X 4 Modular trailers with upgrades not permitted. Some code enforcement issues. New owner should be able to navigate the lunacy of Riverside Planning department.

Business Operation

Expansion Potential:

There's all sorts of room for expansion

Competition / Market:

There's all sorts of competition but this company has always done a stellar job and doesn't have to deal with lowballers or bottom feeders.

Reasons for selling:

I just lived through 16 years of nonstop lunacy from Washington the last 8 were totally unfathomable and the business is located in Communistfornia. Need I say anymore. The opportunities are immense with Trump in the White House. Once California gets back to being the Golden state the sky is the limit you have a great crew and the new owner will just need to replace me I'm worn out and have no desire to die at my desk. As I stated the business owns outright almost all of the vehicles except for the two leased tractors and about 8 leased trailers. All the drivers are independent contractors and have already faced the idiots at the EDD and Labor Board. I bought a large sportfisher and intend on heading south of the border. This is not the America I grew up being proud of and willing to fight for. Then again with new President with more then a golf game and nonsensical ramblings on... the sky is the limit. I'm turning 63 and ready to move on.

Trading hours:

24/7/365

Employees:
approximately 55
Years established:
24 years in business

Other Information

Support & training:

Have great management teams in place from Dispatching to receivables repair and maintenance legal team to deal with all the current regulation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner will carry with $80% down.

Furniture / Fixtures value:
$1,500,000 - included in the asking price
Inventory / Stock value:
$300,000
Relocatable:
This business can be relocated.

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