Well-Established Western States Transportation & Warehousing Co.

Los Angeles County, CA (Relocatable)

Seller Financing Available
Well-Established Western States Transportation & Warehousing Co.
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Asking Price: $1,750,000

Cash Flow: $779,833

Gross Revenue: $5,292,102

EBITDA: N/A

FF&E: $733,000

Inventory: N/A

Rent: $22,000 /Month

Established: 1990

Well-Established Western States Transportation & Warehousing Co.

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Business Description

Established in 1990, this mid-sized transportation and warehousing Company runs like a well-oiled machine. The buyer will benefit from a turnkey business that generates multiple streams of revenue (i.e. FTL, LTL, Drayage, Logistics and Warehousing). It transports general freight across the 11 Western States and offers Port to Sale service.

Despite a low customer concentration, the business has shown it can consistently earn high revenues. For the last 4 fiscal years, the gross revenue average was more than $5.2m and, the Company is on pace for that amount this year.

GROSS REVENUE per Fiscal Year:
• 10/1/18 to 9/30/18 = $5,292,102 (annualized based on 7 months)
• 10/1/17 to 9/30/18 = $5,012,412
• 10/1/16 to 9/30/17 = $4,759,451
• 10/1/15 to 9/30/16 = $6,052,629

*Note that the Cash Flow indicated ($779,833) is an annualized amount based on the first 7 months of the Company's current fiscal year (10/1/18 - 4/30/19).

EQUIPMENT
As part of the sale, the buyer will receive approximately $733,000 (based on actual cash value) in tractors, trailers, chassis, and forklifts. This equipment is in fair to good condition. Some of it includes but is not limited to:

• 53 Trailers
• 6 Chassis
• 13 Power Units
• 5 warehouse forklifts

STAFF
The Seller only works part-time hours due to an experienced office staff that handles the day to day operations. To help manage risk and overhead, the Company utilizes a good mix of employees and independent contractors (i.e. owner/operators) for their truck drivers. Out of the 25 total drivers, 11 are employees and 14 are independent contractors.

This is a relocatable and scalable business that is ready for the right buyer to take it to the next level!

Detailed Information

Location:
Los Angeles County, CA
Real Estate:
Leased
Building SF:
30,000
Lease Expiration:
2/20/2020
Employees:
29
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Centrally located in Los Angeles County with easy access to major port and highways (ie. 710, 5, 10 105, and 605). This is a secured, gated lot with cameras and around the clock security guards. The lot is apprx 2 acres in size with capacity for about 40 tractor-trailers.
Competition:
There are other trucking companies in Southern California; however, very few, if any, can provide "Port to Sale" services like this Company.
Growth & Expansion:
The Seller currently does very little advertising and marketing, and therefore believes there are opportunities for growth within each line of service offered by the Company. Expanding the service area, increasing the internet footprint and dedicating staff to new customers, are just a few examples that can take this business to new heights.
Support & Training:
The Seller will provide 4 weeks of training at 25 hours per week after the close of escrow.
Reason for Selling:
Seller's health and plans for relocation.
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John J Moser

Business Listed By:
John J Moser

Sunbelt Business Brokers of Los Angeles/Whittier/Fullerton

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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