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Listed by:

Transworld Business Advisors of Longbeach Tustin

Local Freight Trucking Company With Strong Cash Flows Long Beach For Sale

Long Beach, California - South, US
Asking Price:
$1,014,564 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,018,180
Cash Flow:
$333,467

This local freight and trucking company was started by the current owner eleven years ago. The company quickly grew and currently resides in an 11,328-square-foot facility on a 41,600-square-foot lot just minutes from the port of Long Beach, CA. The company has four full-time employees and ten formerly independent contractors who currently have their own entities established that work with the company to comply with CA Labor Law.

The company boasts a three-year historical average SDE percentage of 23.4% of revenues. Also, the company currently has a long-term below-market lease through October 2040 that can be assigned to a qualified buyer for the buyer to take advantage of the highly attractive lease.

For more information, please contact the listing agent. All buyers are required to sign an NDA and complete a confidential buyer profile before any confidential information can be disclosed.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $14,210.00

Square Units (Foot, Meter): 11,328

Lease Expiration Date: October 30, 2040, 12:00:00 AM

Terms Options: 16 Years Remaining - Below Market Lease

Location:

Facilities: Huge lot and facility that has plenty of parking spaces and room for all of the equipment to spare. 3 bathrooms.

Premises Details:

FF&E Overview:
Chassis - 20Ft x 9 x $8,000 - $72,000.00
Chassis -20Ft Triaxle x 3 x $13,000 - $39,000.00
Chassis - 40/45Ft = 4 x $12,000 - $48,000.00
Chassis - 40FT x 5 x $17,500 -$87,500.00
Chassis - 40FT x 11 x $10,000 - $110,000.00
Office Furniture - $28,000.00
609 pcs New Truck Tires $280 each - $168,000.00
W3 Event Venue - $135,000.00
20Ft Container - $1,500.00
Truck - Cuadra Owe Vin # GX4448 - $36,362.50
Truck - Cuadra Owe Vin # GLHA64 - $66,746.00
Truck -TJ Own Vin # GV7660 - $46,500.00
Truck - TJ Own Vin # FD2088 - $15,000.00
Tools Misc. - $25,000.00

FF&E General Condition: Very Good

Business Operation

Expansion Potential:

The immediate growth opportunity is to recruit more drivers and routes.

Competition / Market:

Knight Transportation, C.R. England, Schneider, J.B. Hunt.

Reasons for selling:

Retirement

Trading hours:

8 AM - 8 PM - MON - FRI

Employees:
14
Years established:
2014

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$878,609 - included in the asking price
Relocatable:
This business can be relocated.

Listed by

Transworld Business Advisors of Longbeach Tustin

View 12 Transworld Business Advisors of Longbeach Tustin listings