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Texas
Asking Price
$119,000
Revenue
Call/Email
Down
$71,400
Cash Flow
Call/Email
Name: Jeffery Petersen
Name
Jeffery Petersen
Year Established:
2020
Employees:
1
FE&E:
$19,000
Reason for sale:
Going back to school
Lease Options:
N/A
Listing Number:
60242-193222
Sales:
$123,442
Seller's Discretionary Earnings:
$44,064
Posting ID:
ID tw:84785 / Listing Number 60242-193222
Business Category:
Transportation
Keywords:
Transworld
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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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