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Los Angeles County, California
Very Profitable Freight Company Serving Southern California
Asking Price
$11,000,000
Revenue
Call/Email
Down
$4,000,000
Cash Flow
Call/Email
Name: Mahdad (Matt) Manavi
Name
Mahdad (Matt) Manavi
Description
This well-established freight company provides drayage service from the ports of Los Angeles and Long Beach to warehouses in Southern California. The company was established over 39 years ago and has over 130 customers in diverse industries with no customer concentration. The company uses a hybrid brokerage business model to offer lease-to-own trucks to independent motor carriers. The company works with 100 drivers and has about 38 leased-to-own trucks. The company has W-2 employees supporting the dispatch, accounting, and customer care groups. The company leases multiple locations for storage.
Revenue | Seller Discretionary Earnings (SDE)
2019: ~ $26.1 million | ~ $4.1 million
2020: ~ $24.2 million | ~ $3.8 million
2021: ~ $33.8 million | ~ $6.2 million (due to the Pandemic)
2022: ~ $36.1 million | ~ $6.2 million (due to the Pandemic)
2023: ~ $23.9 million | ~ $3.0 million
2024: ~ $25.8 million | ~ $3.4 million
2025: ~ $23.3 million | ~ $2.2 million (due to the US-imposed tariffs)
Please send your inquiries to mmanavi@tworld.com to indicate your interest. We are collecting LOIs.
Very large
https://tworld.com/locations/California/orange/listings/Very-Profitable-Freight-Company-Serving-Southern-California
To get more information about this Very Profitable Freight Company Serving Southern California business for sale in Los Angeles County County, California please contact Mahdad (Matt) Manavi at mmanavi@tworld.com
Business Details
Reason for sale:
Retirement
Other Information
Listing Number:
51951-392933
Sales:
$23,305,000
Seller's Discretionary Earnings:
$2,154,000
Posting Information
Posting ID:
ID tw:76171 / Listing Number 51951-392933
Business Category:
Transportation
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Very Profitable Freight Company Serving Southern California
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*76171
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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