Freight And Cargo Transport From Ocean Port For Sale

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.