So Cal Freight Transportation

Business Description

For sale is a 7-year-old dry freight and food distribution trucking company based in Southern California. The business has a unique model of renting their equipment vs. purchasing it and this blueprint has created a very sustainable operation that is less vulnerable to some of the typical maintenance and down-time issues that can affect trucking businesses.

The business has mostly repeat revenue, working for the same clients. The two owners work a combined 12 hours a week and there is a full-time operations manager who has the experience and ambition to take over both of their roles, leaving an owner with a very profitable passive income stream.

Financial Overview

Asking Price: $950,000

Revenue: $4,756,544

Income: $419,543

Multiple: 2.26x

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