Transportation and Warehouse Services Provider
Business Description
Description:
The Company is an asset-based third-party logistics provider offering a comprehensive suite of transportation services, including drayage to local ports, full truckload (FTL) and less-than-truckload (LTL) transportation, flatbed services, and freight brokerage services. Additionally, The Company provides a range of warehouse services including storage services, heavy lifting services, order fulfillment services, pick-n-pack warehouse services, and special project services. The Company's primary offering is drayage services accounting for an average of 72% of revenue from 2022 to 2024.
Key Aspects:
• Strong Financial Margins: The Company maintained an impressive average adjusted EBITDA margin of 20.3% from 2022 to 2024.
• Client-Centric Approach: The Company prides itself on ensuring a positive client experience through consistent communication and customizable services, going beyond traditional logistics services and resulting in high client retention.
• On-Time Delivery Performance: The Company maintains a strong track record, achieving 98.5% of container deliveries on-time within their scheduled time slots.
• Industry Knowledge and Reputation: Since its founding in 1989, the Company has built extensive industry expertise, strong logistical problem solving capabilities, and long-standing relationships with its clients.
• Specialized Service Offerings: The Company delivers specialized transportation solutions for oversized, overweight, temperature-controlled, and hazardous containers.
Opportunities:
• Implement Strategic Marketing Initiative: Develop a marketing strategy focused on leveraging various advertising mediums and direct client outreach to grow market presence, spread brand awareness, and reach new audiences.
• Expand Geographically: Expand operations to key import and export markets across the US, such as the East Cost and the Gulf Coast, to grow operational footprint and access new client markets.
• Diversify Client Base: Leverage various industry associations to connect with new clients that import and export other types of goods, specifically industrial supplies such as metal, petroleum, and machinery, to diversify client base and increase its market share.
• Utilize Automation: Explore automation technology for booking, tracking and invoicing to enhance operational efficiency, reduce costs, and increase operating capacity.
Current Markets:
• The Company is a business-to-business (B2B) firm primarily serving logistics and supply chain solutions providers, located in Southwestern, US. Additionally, the Company’s client base includes distributors of consumer and commercial goods, including medical supplies, automobiles, and apparel.
Headquartered:
• Western, US
Real Estate:
• The Company is headquartered in a 67,740 sq. ft. facility located in Western, US and leased from an unrelated third party. The Company operates three additional warehouses located in Western, US, totaling 233,200 sq. ft., all leased from unrelated third parties. Additionally, these leases include 246,114 in additional truckyard space.
Shareholder Objectives:
• The Company is equally owned by two shareholders who are seeking a full exit; however, they are willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
The Company is an asset-based third-party logistics provider offering a comprehensive suite of transportation services, including drayage to local ports, full truckload (FTL) and less-than-truckload (LTL) transportation, flatbed services, and freight brokerage services. Additionally, The Company provides a range of warehouse services including storage services, heavy lifting services, order fulfillment services, pick-n-pack warehouse services, and special project services. The Company's primary offering is drayage services accounting for an average of 72% of revenue from 2022 to 2024.
Key Aspects:
• Strong Financial Margins: The Company maintained an impressive average adjusted EBITDA margin of 20.3% from 2022 to 2024.
• Client-Centric Approach: The Company prides itself on ensuring a positive client experience through consistent communication and customizable services, going beyond traditional logistics services and resulting in high client retention.
• On-Time Delivery Performance: The Company maintains a strong track record, achieving 98.5% of container deliveries on-time within their scheduled time slots.
• Industry Knowledge and Reputation: Since its founding in 1989, the Company has built extensive industry expertise, strong logistical problem solving capabilities, and long-standing relationships with its clients.
• Specialized Service Offerings: The Company delivers specialized transportation solutions for oversized, overweight, temperature-controlled, and hazardous containers.
Opportunities:
• Implement Strategic Marketing Initiative: Develop a marketing strategy focused on leveraging various advertising mediums and direct client outreach to grow market presence, spread brand awareness, and reach new audiences.
• Expand Geographically: Expand operations to key import and export markets across the US, such as the East Cost and the Gulf Coast, to grow operational footprint and access new client markets.
• Diversify Client Base: Leverage various industry associations to connect with new clients that import and export other types of goods, specifically industrial supplies such as metal, petroleum, and machinery, to diversify client base and increase its market share.
• Utilize Automation: Explore automation technology for booking, tracking and invoicing to enhance operational efficiency, reduce costs, and increase operating capacity.
Current Markets:
• The Company is a business-to-business (B2B) firm primarily serving logistics and supply chain solutions providers, located in Southwestern, US. Additionally, the Company’s client base includes distributors of consumer and commercial goods, including medical supplies, automobiles, and apparel.
Headquartered:
• Western, US
Real Estate:
• The Company is headquartered in a 67,740 sq. ft. facility located in Western, US and leased from an unrelated third party. The Company operates three additional warehouses located in Western, US, totaling 233,200 sq. ft., all leased from unrelated third parties. Additionally, these leases include 246,114 in additional truckyard space.
Shareholder Objectives:
• The Company is equally owned by two shareholders who are seeking a full exit; however, they are willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Listing Info
- ID
- 2431698
- Listing Views
- 18
Attached DocumentsAttachment Disclaimer
Teaser_v_1_BN000066126_Transportation_and_Warehouse_Services_Provider.pdf
Listing ID: 2431698 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.