Business Description

This business specializes in transporting housewares and household cleaning products, primarily from ocean ports to warehouses in a process known as Port Drayage. With an impressive 85% repeat client rate consisting mainly of manufacturers, the company has a team of over 50 employees led by key personnel such as an Operations Manager, Sales Director, Fleet Manager, and more. The current owner plays a part-time role with limited client interaction, focusing on overseeing the team's operations. Priced at $9,825,000, this company offers a unique opportunity for a strategic buyer looking to capitalize on its significant growth potential. With low capital expenditures supported by California ARB grant funding, the owner is willing to finance or roll equity for 20% of the purchase price to display commitment to the business's success. The business is structured to facilitate a seamless transition for new ownership, providing stability and a transition period of 3-5 years post-close for the owner's continued support. Through implementing new growth strategies like