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Wood Pallet Company for Sell - Two Locations

$2,500,000

20730 Dearborn Street, Los Angeles, CA 91311

Active
Last Updated: 01/14/2021

400,000

NOI

1.5 acres

Lot Area

Details:
NOI:    $400,000
Lot Area:    1.5 acres
Year Built:    2002
Zoning:    LI
Highlights:
  • Longevity
  • Family Owned- Operated
  • Long Standing Clients
  • Accelerated Custom Work
  • Smooth Transition
Description:

Wood Pallet Company For Sell! Two Locations!

One of the largest wood pallet companies in Southern Ca. with longevity and a strong customer base is currently for sell.

Operating from two central locations with a delivery radius of 50 miles from each locale the company has a quick production time , even with custom pallets. The company diversifies with new, used, combo pallets, crates and used plastic pallets.

The original locale occupies 1.4 acres of land with administrative offices across the street all of which the owner has leased since the founding in 2002. The operation has at least 20,000 pallets in inventory at all times. The location maintains 25- 30 employees. The production of custom pallets is a specialty that this location offers with a quick production time.

The second location which the owner bought in 2003 occupies 10 acres of land. This location maintains approx. 40,000 pallets within its inventory. The pallet company occupies 1.4 acres of land with approx. 4 acres coterminous that can be expanded for future growth. There are three separate businesses that lease from the owner of the land with over $12,000 of passive income per month.

The company is a " Turn Key " operation put it will require a hands on owner/ manager.

The business is listed for $2.6M and the land for $4M.

Larry Hilliard

Mel Wilson and Assoc.

951-816-8906

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