Housewares & Cleaning Product Port Drayage, California
Featured on BusinessForSale.com . 13 viewed
Asking Price
$9,825,000
Detailed Information
Long Beach, California, US
Not Provided
NA
Business Description
This business specializes in transporting housewares and household cleaning products from an ocean port to a warehouse, known as Port Drayage. With an impressive 85% repeat client base, mostly from manufacturers, the owner's minimal involvement allows for smooth operations overseen by a dedicated team of over 50 employees. The goal is to find a strategic buyer to sustain the company's current growth trajectory. With minimal capital expenditures thanks to California ARB grant money, this business is priced at $9,825,000 and offers the unique opportunity for the owner to finance or roll equity of 20% of the purchase price. The existing team structure provides a strong foundation for a new owner to seamlessly take over. This acquisition also allows for a stable transition period, enabling potential growth through implementing active marketing strategies or expanding the client base through referrals or outreach efforts. This business presents an attractive investment opportunity with a well-established team and clear chain of command. The owner is willing to stay on board for 3-5