Listing ID: 76903
Profitable and established transportation and warehousing company in San Diego County with two large yards and building with large storage capabilities. This bonded carrier covers freight & transportation for finished and unfinished goods over a 600-mile radius including Mexico along with warehousing used by companies on both sides of the border. Extensive list of tractors, trailers, and much more included in asking price. Landlord will provide new leases for each yard with two five-year options. Great opportunity for an industry buyer.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email CJ Johnston at CJ@mabusinessadvisors.com or call (619) 300-8000 to receive a confidentiality agreement and to learn more about this opportunity.
- Asking Price: $975,000
- Cash Flow: $224,785
- Gross Revenue: $2,475,823
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 1994
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:10,000
- Lot Size:N/A
- Total Number of Employees:21
- Furniture, Fixtures and Equipment:N/A
Building with warehouse and yard. One yard in California, and additional yard in Mexico near California border. One 10,000 sq ft building, one acre+ yard In San Diego County, and one yard in Mexico near California border.
Seller will provide training at no cost to buyer.
Seller has other businesses that need his presence.
Logistics companies are in high demand. The warehouse attracts even more demand as most companies are just trucking.
Purchasing more tractors and trailers would allow long haul freight from existing customers and expanding the miles covered.
The business was started in 1994, making the business 28 years old.
The business has 21 employees and resides in a building with disclosed square footage of 10,000 sq ft.
The real estate is leased by the business for $11,716.57 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell businesses. However, the real reason vs the one they say to you might be 2 totally different things. As an example, they might say "I have too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be justifications to try to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or a variety of various other factors. This is why it is very vital that you not depend entirely on a vendor's word, yet rather, use the vendor's answer combined with your general due diligence. This will paint a more sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering things like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that earnings margins are too tight. Many organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new consumers? Most times, operating businesses have repeat consumers, which form the core of their daily revenues. Particular factors such as brand-new competition sprouting up around the location, road construction, and employee turn over can affect repeat clients as well as negatively impact future earnings. One vital point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the opportunity to construct a returning consumer base. A final idea is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the regional median household earnings effect future earnings prospects?