Business Summary:
This is an opportunity to purchase an established logistics business which services a broad range of clients. For 50 years, this Company has been moving freight for industries like Financial, Retail, Healthcare, Furniture and many more. The Company has expertise in LTL trucking, Rail, Air and Overseas freight. The key to their success has been their emphasis on a high-level of customer service as well as competitive pricing. This is a low overhead business with only 4 employees and 2 drivers. The Company has been able to achieve strong revenues with only a handful of staff mainly because of the superior network of providers it has cultivated over the years. Moreover, they have been able to maintain approximately 18% net income over the years after all expenses have been paid. The owner is now looking to retire and wants to transition this very successful, relocatable business along with his knowledge and incredible base of clients and providers to a new owner. The owner will stay on to teach and train the new ownership on how to continue the success. With annual revenues of $4-$5M, earnings of nearly $1M, high-margins, a very loyal client base and excellent provider network, this business represents a very strong opportunity for new ownership to build upon. Qualified candidates, please refer to listing number 15165 when inquiring about this opportunity.
|
|
|
