Business Overview

This short haul trucking company moves household goods and building materials between railyards, ports, and customers for over 25 years. The business is currently managed out of their OC office and is straightforward to operate. Their staff is tenured and very loyal, and includes 2 part-time dispatchers and a network of 18 independent contractor drivers. The business is consistent, with steady revenues, and best of all, lots of room to grow.

The company has service agreements with the major SoCal railyards and ports. They pickup loaded containers, deliver them to customers, and then return the empty containers to the source. Their long standing network of drivers get paid per job. The office features a dispatch / command center, a print and copy center, and a private owner office. The business owns six trucks which are operated by the company’s primary drivers; they are parked overnight in spaces near driver’s homes.

The owner has built the business largely through word-of-mouth and tenure in the industry, but is ready to retire. This is an opportunity for a Buyer to step in to this well-established business, acquire a very profitable book of business and a seasoned staff, and take this old-school pen-and-paper business to the next level. The current owner has built a fabulous foundation, but this company has absolutely no digital presence, no social media, a very outdated website, does zero marketing or advertising, and still operates with paper files. In addition, re-enter the Nevada and Arizona markets; the seller has a historical presence there, but has recently neglected them. This trucking company does not fully leverage their agreements with the ports to maximize revenues: they only drop off empty containers, and a Buyer should immediately add pickups to increase revenue. In this new era of backlogged supply chains, ports are saturated and need more local trucking companies to move product!!

This short haul trucking company has ample room to grow. If you are a driven, marketing, growth-oriented buyer, looking to bring a profitable old school company up to speed, then this is the opportunity for you! Plus, for the right Buyer, the owner is willing to stay on and run the operation for 3+ years, giving you the opportunity to be semi-absentee or pour your efforts into growing the business. Either way, if a transport business is what you’ve been looking for, reach out to the Agent today!

Financial

  • Asking Price: $215,000
  • Cash Flow: $177,274
  • Gross Revenue: $1,167,310
  • EBITDA: $177,274
  • FF&E: $90,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1995

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:626
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Established 25+ years – great industry reputation! Central OC office space with low, low rent! Owners runs the business old school, with paper files and folders. Bring this business into the modern era with readily-available technology to reduce costs and streamline transactions. Owner has been servicing existing clients, in pre-retirement mode. Aggressively market and advertise ... there is SO MUCH ROOM TO GROW! Owner willing to stay on and run the operation for the right Buyer. Note: the 6 trucks were manufactured circa 2008 / 2009, and will need to be retrofitted or replaced by 2023 to meet CARB regulations.

Is Support & Training Included:

Owner Will Train

Purpose For Selling:

Retirement

Additional Info

The business was established in 1995, making the business 27 years old.

The business has 2 employees and is situated in a building with approx. square footage of 626 sq ft.
The property is leased by the business for $1,315 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell operating businesses. However, the true factor vs the one they say to you may be 2 completely different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be excuses to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or a range of various other reasons. This is why it is very important that you not count totally on a seller's word, however rather, utilize the vendor's response in conjunction with your overall due diligence. This will repaint an extra realistic picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans so as to cover points such as stock, payroll, accounts payable, and so on. Remember that sometimes this can imply that revenue margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that need to be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in brand-new consumers? Often times, operating businesses have repeat customers, which create the core of their everyday revenues. Specific variables such as new competitors growing up around the area, road construction, and also personnel turn over can affect repeat clients and negatively affect future revenues. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Clearly, the more individuals that see the business regularly, the greater the opportunity to develop a returning client base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the regional average family earnings impact future income potential?