Description

This profitable service business provides logistics and delivery of various types of durable goods throughout Southern California. Experienced, professional independent contractors who own their own vehicles do the physical distribution of goods to the end users. The business recently passed an audit by the EDD with no employment issues. In business over 30 years, this well-established business operates with 5 experienced W2 employees, including a general manager, and office, warehouse and sales managers. There are two warehouse locations (San Diego and Los Angeles Counties). The Seller works only a few hours/week providing general oversight. The $192,107 income is for an owner operator and includes profit of at least $92k plus the GM’s salary of $100k. The business currently has over 50 accounts plus 65 more in their current near-term pipeline. This purchase opportunity will not last! Seller Financing Available: $300,000 DP; Balance SCN for 3 years at 6% interest.
Leased location of 10,950 sq ft with a total rent of $9,637. Seller is active in the business with 5 FT and 2 PT employees and 80 Independent Contractors.

Posted Oct 27, 2016

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