Los Angeles High Net Tanker Trucking Company 21 Trucks 16 Trailers.
The Company is a specialized transportation company that focuses on the petroleum industry and most types of liquid products. The purchase includes not only the goodwill, client base, driver base, and trade name but also a fleet of trucks (21) and trailers (16) worth about $1.86MM alone. The organization from the Owners to the drivers to the customer service staff pride themselves on having superior customer satisfaction across the entire delivery/sales cycle. The Seller has stressed time and again that an acquirer should never lose that approach if they are to maintain the superior historical retention levels of the active/repeat client base and past growth of the Company. Since the founding of the Company there has been a consistent commitment from a top down approach to customer service and prompt and safe delivery. From the initial inbound phone call the focus has been and continues to be maximizing the customer experience.
Deliveries run the gamut from yellow grease, ethanol, liquid nitrogen, specialty fuels of all kinds, you name it if it's liquid they can haul it. The customer base is split 83% private and 17% government. The Company provides coverage throughout the Southern California area as calls come in, however the primary market territory is within a 150 mile radius of Downtown Los Angeles with a concentration up and down the 405/5 corridor(s). Loads are delivered for their primary refinery customer (about 22 loads daily) 365 days a year. Approximate daily load value for that client ranges $8,500.00 to $10,000.00 every day. Significant customer concentration issue is present, as the largest customer represents 78.4% of 2015 billings. NDA is required for comprehensive 21 page Confidential Information Memorandum on file with Ace Business Brokers.
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Run out of a yard that can hold about 25 units with plenty of room to spare to navigate, or you could pack more in if you wanted. Fully built out mechanics shop within the yard, has a mobile trailer that houses the office. All-in pricing on the rent is $5,600.00.
Competition: Tanker trucking is a specialist industry but this Company has expanded vigorously as the client base has supplied more and more daily runs to the operation. Ideal strategic acquisition to absorb market share or as an entry level play for someone that wants a profitable trucking enterprise.
Growth & Expansion: Customer base has plenty of other work for the Company if the Buyer chooses to secure additional rolling assets and hire more drivers to accommodate demand. No outbound marketing has been done for many years now.
Financing: $2MM Cash Down, $2MM Financed at $33.3k / Month for 60 Months!
Support & Training: As needed.
Reason for Selling: Other business interests.
Asking Price $4,000,000
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