Drayage Trucking Services Provider

CA

Drayage Trucking Services Provider
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Asking Price: Get Financing: N/A

Cash Flow: $1,394,000

Gross Revenue: $6,186,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

Drayage Trucking Services Provider

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Business Description

The Company is located in Northern California and has served the transportation industry for 16 years. It provides drayage trucking services for steamship lines, freight forwarders and other customers requiring transport of cargo. Key strengths of the Company are its high regard within the import and export industry and its ability to move large numbers of containers in a short amount of time. Its top three customers account for 50% of revenue. It has a high number of recurring customers with service agreements in place. The owners will pursue other opportunities upon the sale of the Company. While there is a “number two” person that could be capable of running the business for brief periods of time, the owners feel that the best management strategy will be for the new owner to hire a general manager or oversee operations themselves.

Detailed Information

Facilities:
2.5 acre yard with onsite modular office at marine terminal
Competition:
Drayage trucking services industry is growing rapidly, mostly due to exports. Great 0pportunities to increase revenues with sales/marketing strategies and expand to other marine terminals. A few direct competitors but the Company has a clear edge in the marketplace.
Support & Training:
Yes
Reason for Selling:
Pursue other opportunities
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Larry Willis

Business Listed By:
Larry Willis

The Independence Group

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Memberships & Certifications:
Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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