Business Summary:
Transportation & logistics business offering inbound & outbound freight delivery as well as unload/reload services, storage, warehousing & wholesale/retail for several product lines. Business services priced on a per unit basis thru an integrated set of operating companies. Material delivered by rail is unloaded/reloaded & delivered locally by truck. They are positioned to be a major Northeast supplier of one of their product lines. In addition, there is a 15 year contract in place for the storage, distribution & delivery of a second product line with potential of a minimum $30MM in revenue. There are LOI’s in place for the storage, distribution & delivery of 3rd & 4th product lines with the potential of $2MM additional annual revenue per venue. These lines of business are expected to grow rapidly. There is a significant upside potential through local economic development projects. Direct distribution to customers. Excellent reputation & exclusive rights to its rail line is the key driver of its success.
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| Year
Business was Established: 2007 |
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| Number of Employees:
26 |
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| Facilities / Terms of Lease:
The real estate portion of the company was appraised at $17MM in early 2008. Long term lease on 20+ miles of railroad track & ownership of a premium railroad junction with 25 miles of land surrounding the railroad. The offices, warehouses & storage facilities include an additional 22 acres of land. The company is in the process of purchasing a 100 acre parcel of land adjacent to the 22 acre parcel in order to extend the railroad & build additional warehouses & storage facilities. |
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| Potential
Growth/Expansion:
Long term lease on 20+ miles of railroad track & ownership of a premium railroad junction with 25 miles of land surrounding the railroad. The offices, warehouses & storage facilities include an additional 22 acres of land. The company is in the process of purchasing a 100 acre parcel of land adjacent to the 22 acre parcel in order to extend the railroad & build additional warehouses & storage facilities. |
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| Competition:
Little competition in this area. Customers are national & long term. The company’s business is significantly diversified. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
Seller willing to stay with new owner up to 3 years if needed for a mutually agreed upon compensation package. |
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| Reason for selling:
To grow the company more quickly. |
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Seller Reference Number: bm1935508942
BusinessMart.com Listing Number: 67907 |
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