Petroleum Trucking Business/Southern California

This 74 year old/family owned Company specializes in the transportation of petroleum and related products to service stations throughout Southern California. The owner is ready to retire but would stay for a year or more to ensure a smooth transition to new ownership. Their market niche is well defined and they enjoy an outstanding reputation based on reliable service at competitive rates while running 24 hours per day/365 days per year.

The management team is loyal, knowledgeable and experienced and contracts are in place with their major clients. The company has 80 +/- trucks, which are rotated regularly, and are usually turned in 5 years or less. There are 180 +/- union drivers and 220 +/- employees in total. (There have been virtually no problems with the union throughout the years.) Sales have shown steady growth over the years (with the exception of one challenging year) and reached $21 million for 2004.

The Company is poised for future growth due to a strong local economy and a strong future demand for their services. Potential to grow the business is unlimited as long as quality drivers exist. This opportunity should be attractive to any existing transportation business as an add-on acquisition as well as corporate investors with existing holdings in transportation or related businesses. This is a stable company with a solid history, excellent financials and brand name accounts. Feel free to contact our office to receive additional information or email us with your request.

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