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For Sale: Intermodal Short-Haul Trucking Company - Oakland, Alameda County

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Current Status: Active     Posting #: 253625     Last Refreshed: 9/18/19     BRE License #: 01731143    
Contact: Phil Holt At 510-523-0232 , 415-565-0232  -  Also Email This Contact Below
Price:  $7,425,000     Down:  Call     Adjusted Net:  $1,978,201     Revenue:  $8,278,305    
Business Address:  None Given     City:  Oakland     Zip:  None Given    
Attributes:  Semi-Absentee Run, Training & Support, Real Estate Available, Owner Financing     Cooperation With Brokers?  No
Oakland, Alameda County Intermodal Short-Haul Trucking Company Business For Sale

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  Description About This Posting: Intermodal Short-Haul Trucking Company
Profitable intermodal short-haul trucking company

Financial information
Asking: $7,425,000
Annual revenue: $8,276,305
Annual net cash flow: $1,978,201
Furniture, fixtures & equipment: $75,000 (included in price)
Inventory: $0

Summary information
This well-established, strategically located and quite profitable trucking business is primarily engaged in drayage of full-load shipping containers of various products from the ships and trains arriving at Oakland. These containers are delivered to warehouses and distribution facilities including 'big box' stores, e-commerce businesses, etc., located mostly in the greater bay area but also throughout northern california and sometimes beyond. The company minimizes its capital and maintenance expenses by utilizing several very reliable independent contractor truckers who are owner/operators of their own trucks and related equipment. The only rolling equipment the company owns is 2 tractors and 3 trailer chassis.

General information
Location: San Francisco East Bay Area, Oakland, Alameda County

Facilities: the business is located in close proximity to the port of Oakland, various terminals and rail ramps but just outside of that industrial area. The company has an office complex of reasonable size and a relatively large yard. The seller of the business also owns this very valuable property in a rapidly developing area and would consider selling it to the buyer of the business. Or if the buyer does not want to buy the real estate, the seller will provide a long-term lease at market rate.

Competition: as would be expected, there are competitors, but few with the competitive advantages of this business, including but not limited to its longevity, loyal customers and reliable, competent pool of employees and independent truckers, all of which contributes to the excellent reputation and profitability earned by this business.

Growth and expansion: this business has exceptional growth potential. The seller does almost no marketing, relying instead on just word of mouth and repeat business from its loyal, long-time customers, which includes major overseas and rail shipping companies. Much could be done to improve marketing including hiring a marketing professional with up-to-date skills in using online marketing technology and resources. Another high value marketing approach would be to engage reliable foreign agents to secure more contracts from overseas customers shipping to the bay area. In addition, because a great majority of this company's business is moving shipping containers within the greater bay area and the rest of northern ca, a new owner could expand this company's trucking services beyond just short-haul deliveries within this limited market area by contracting with other well-established independent truckers with the equipment and licenses to provide other types of trucking services to the rest of California, other western states and beyond. An energetic and innovative new owner could expand the service area and service offerings greatly and significantly grow revenues and profitability.

Support/training: the seller and his team will provide necessary training and assistance to a new owner to help ensure a successful transition into this business.

Reason for sale: retirement

Employees: 10 full-time, very loyal and diligent employees, many of whom have been with the company for many years, plus several reliable truckers who are independent contractors who own and operate their own trucks and related equipment. Most, if not all, of this team is likely to want to stay with this business under new ownership.

Financing: the seller may provide some financing for a well-qualified buyer with a substantial down payment.

To get more information about this Intermodal Short-Haul Trucking Company business for sale in Oakland, Alameda County please phone Phil Holt (Broker - BRE License #:01731143) at 510-523-0232 and 415-565-0232 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253625 on BizBen.com. In addition to phoning Phil Holt, make sure you email Phil Holt above to get more info about this Intermodal Short-Haul Trucking Company, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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