MergerPlace

20 Year Old European Road Transportation

Riga, Latvia


  • Asking Price: $3,250,000
  • Gross Income: $3,000,000
  • Cash Flow: $300,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226202
  • Established: 2001
  • Employees:

Business Description

This business for sale is a 20+ Year old Trucking Company operating from the Baltic Countries and having more than 20,000 customers all over Europe and Russia.

The majority of the customers are based in Italy, Switzerland, Germany, Austria and other European Countries.

Currently it consists of 40 trucks Euro 4, Euro 5, Euro 6, Mercedes-Benz Actros, Atego and Volvo FH.

The business offers high quality and stable services of transportation from Italy to the Baltic countries and is an ideal partner even for the most demanding customers. The company covert he whole European Union thanks to 2x warehouses (gateways) located in “Milan, Italy” and “Vicenza, Italy”. The company provides a warehouse for storing cargo for its customers, absolutely free, with subsequent delivery of the cargo at a convenient time.

Transportation is carried out along the routes Europe – the Baltic states, Europe – Russia. The company works in a long-term partnership with reliable customs brokers both in Latvia and in Switzerland. It should be noted that the Company is one of the few companies specializing in the supply of goods to Switzerland, which has specific requirements for the delivery of goods.

The company’s structure includes a logistics terminal (Riga, Latvia), designed to collect imported and exported goods, which consists of 1200m2 Warehouses equipped with the necessary equipment and resources for unloading, loading, storage, packaging etc.

The warehouses have their own gas station for trucks, as well as a maintenance point. Warehouses are in long-term lease with option to purchase and are located in one of the most developed areas of Riga with the maximum proximity to the center.

In addition, the company has two permanent partner terminals in Italy, the region of Venice, as a transshipment point for the collection of goods and storage. The company owns exclusive offices with an area of ​​300m 2, with two terraces located in the new building, + 4 parking spaces in the garage, 3 surface parking lots with a barrier and video surveillance.

The office is located in an area with developed infrastructure near the center of Riga. Within walking distance are shops, cafes and gas stations. The company’s activities are supported by its own qualified personnel – logisticians and accountants.

The company is offered with a full fleet of its own trucks, its own offices, repurchase warehouses, as well as a substantial accumulated customer base and its staff that fully supports the profitable operation of the company.

Services

Delivery of goods by truck to Europe.
Regular flights from Italy and our offices in Milan, Riga and Tallinn, delivery of cargo and goods of all sizes to any part of the Baltic states.
Customs broker, the declaration INTRASTAT, EUR 1 certificate, etc.
Transportation of cargo from Europe to all the Baltic countries, as well as to Russia and back.
Transfers, service relocations for private individuals (carriage of personal effects) to / from Europe.
Express delivery throughout Europe
Delivery “door to door.”
Customs warehouse.
Courier service.
Warehouse for storing goods in Riga.
The main routes are in Western Europe and the Baltic States.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Latvia
Metropolitan Area: Riga

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $3,250,000
Gross Revenue: $3,000,000
Cash Flow: $300,000
Seller Financing Available: No

Property Information

Facilities:

Included: 40 trucks Euro 4, Euro 5, Euro 6, Mercedes-Benz Actros, Atego and Volvo FH.

Reason for selling:

New Venture

Contact Business Seller

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Business Listed By:

Rick Brown

MergersCorp M&A International