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Los Angeles County, California
Asking Price
$750,000
Revenue
$863,728
Down
Call/Email
Cash Flow
$245,654
Name: Alex Beringer
Phone: Show phone number
Name
Alex Beringer
Phone
Show phone number
Posting ID:
8460958
Attributes:
Home Based
Training And Support
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This well-established freight company provides drayage services from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 37 years ago and has over 130 customers in diverse industries. The company uses a hybrid brokerage business model in offering lease-to-own trucks to the carriers/contractors. The company works with 105 drivers and has 43 leased-to-own trucks. The company has about 26 full-time and one part-time employee. The company leases multiple locations for storage. Revenue: 2019: ~ $26.1 million 2020: ~ $24.2 million 2021: ~ $33.8 million 2022: ~ $36.1 million 2023: ~ $20 million (Jan-Oct) Adjusted EBITDA: 2019: ~ $3.8 million 2020: ~ $3.5 million 2021: ~ $5.9 million 2022: ~ $5.9 million 2023: ~ $2.3 million (Jan-Oct) Please send your inquiries to mmanavi@tworld.com indicating your interest. We will email you a blind teaser upon request. If there is an interest, we will discuss the next step. We are offering this acquisition through a controlled auction process.

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The Asking Price for all routes, including 30 vehicles, is $1,100,000 in outright cash, plus $425,000 in estimated possible vehicle financing, plus $450,000 in seller financing (Total Purchase Price: $1,975,000). FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception. Turnkey and a great opportunity for semi-absentee ownership with full time manager in place. Clean books and financials, including maintenance records for vehicles. This business is ready to generate cash flow on day one. FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly inflation-adjusted revenue enhancements. Average annual growth of over 10%. Business growth can be accelerated beyond organic growth rate through acquisition of additional routes. Home Based.

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Los Angeles County, California
6 FedEx Ground Routes - Sun Valley, CA - Vehicle Financing
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Arcadia, California
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Los Angeles County, California
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