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Los Angeles, Los Angeles County, California
Asking Price
$2,750,000
Revenue
$3,690,000
Down
Call/Email
Cash Flow
$725,000
Name: Rick Carlson
Phone: Show phone number
Name
Rick Carlson
Phone
Show phone number
Posting ID:
293180
Attributes:
Broker Cooperation
Financial Assistance
Owner/Seller Financing
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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