Established 3PL Logistics Company Specializing in Customized Freight

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Asking Price:
 Not Disclosed

Gross Revenue:
$18,039,000
Cash Flow:
 Not Disclosed
EBITDA:
$716,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The firm is a third-party logistics company that partners with major regional and long haul LTL trucking companies in order to provide industry leading LTL freight movement and customer service. In addition, the company is able to meet all import and export needs expanding their global reach capabilities. The company has the ability to partner with major regional, super-regional, and long haul LTL trucking companies to provide industry leading LTL freight movement and customer service.

Key aspects
· Very loyal customer base - 95% of sales is repeat business
· Excellent reputation built around strong customer service
· Lean and efficient business operations, with dedicated contracts auto renewed with multiple key clients
· 98% on-time delivery satisfaction rate
· Long-term carriers in place building solid relationships between broker and carrier
· Compound annual growth rate in revenue of 15.2% since 2015
· Fully bonded and licensed by the US Department of Transportation

About the Business

Facilities:
The company operates out of a 3,200 sq. ft. facility, comprised of an office space and suites. The entire facility is leased from a third party.
Growth & Expansion:
Opportunities
· Targeting of large, nationwide retail chains to acquire additional business in related industries
· Increased marketing of the company´s services to acquire new business
· Use of website for essential business activities such as order placement and tracking
· Creation of a dedicated sales and research team to seek out new clients and shipping routes
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About the Sale

Reason For Selling:
Retirement

Listing Info

ID:
1608361
Ad Detail Views:
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Business Listed by

Tyrus O'Neill

Benchmark International

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