TERMINAL CONSOLIDATION CO. | $9,885,000 | 7.50% CAP
The Deltondo Advisory Group is pleased to present for sale the fee simple interest in this single-tenant Terminal Consolidation Co. located at 3600 Northeast Great Midwest Drive, Kansas City, MO 64161.
Founded in 1973 and based in Kansas City, Missouri, TCC/TSI operates from seven facilities in western Missouri and eastern Kansas. The Company is the only intermodal services firm in its region that has container lift capability and provides cross-docking, devanning and yard storage services. The Company in fact is also the only firm in its market region that holds the U.S. Customs Devanning Designation, allowing it to unload and process container contents through U.S. customs on behalf of its customers.
TCC/TSI operates a total fleet of 68 tractors, including three tractors provided and driven by owner-operators. The Company also owns over 70 trailers, including mostly 53′ dry van trailers but also the smaller than typical 48′ van trailers (known as “van pups” which allow drivers to access and maneuver more efficiently in smaller customer facility lots).
The Company owns four hydraulic lifts, some of which have lifting capacity of up to 65,000 pounds, to handle the loading and unloading of containers on to and off truck chassis. The lift equipment is also used to lift loaded or empty containers to be stored on one of the Company’s lots or elsewhere.
The Company operates out of seven terminal facility locations in western Missouri and eastern Kansas, six of which are owned by an affiliated company and leased to TCC/TSI.
The Company’s largest customer represented 16.7% of total revenue in 2018.