MergerPlace

High Tech Modern Logistics

MIDDLESEX, New Jersey (Middlesex)


  • Asking Price: $6,500,000
  • Gross Income: $8,800,000
  • Cash Flow: $1,300,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,250,000
  • Listing ID: #202896
  • Established: 1981
  • Employees: 32

Business Description

Business Description:
This logistics company works out out of a 127,006 sq. foot facility in New Jersey offering first class container drayage, trailer load (TL) and less than-a-trailer load (LTL) services nationally.

This company provides their clients the ability to track their goods to provide them with up to the minute information about where their goods are at all times..

This company offers a fleet of 53’ air ride trailers,, tri-axels,, straight trucks as well as specialized equipment.

Registered HAZ MAT haulers, permitted for overloads and are experienced in refrigerated boxes.

This company shipped 19,000 containers annually.

This company offers inside delivery, tailgate, and white glove services..

Warehousing: This logistics company works out of a modern distribution facility close to New York City, major highways servicing the northeast and rails at Port Elizabeth, Newark.

This company services include FDA registration, bar coding, RF scanning for improved speed and precision in receiving and shipping, 24 hour security video surveillance, restricted access and alarmed.

A Dedicated rep is assigned to each of their clients.


Historical Summary:
Started in 1981, logistics company revolutionize the phrase,, “comprehensive freight services”.


Business Details

Primary Business Category: Transportation and Warehousing
Location: New Jersey
Metropolitan Area: MIDDLESEX
County: Middlesex

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 32

Financial Information

Asking Price: $6,500,000
Gross Revenue: $8,800,000
Cash Flow: $1,300,000
EBITDA: $1,300,000
FF&E: $1,250,000
Seller Financing Available: Yes

Property Information

Facilities:

Option: YES Lease Security: 131000 Monthly Rent: $ 76,000 Square Footage: 127000 Type of Location: Commercial Facilities: This logistics company works out of a modern Warehouse and Distribution facility close to New York City, major highways servicing the northeast and rails at Port Elizabeth, Newark.

Growth & expansion opportunities:

UNLIMITED

Competition:

LIMITED

Reason for selling:

One partner is retiring, managing partner will stay on as employee..

Support & Training:

Complete support and training, one partner will stay on full time as employee

Contact Business Seller

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Business Listed By:

Mel Lisiten

LISITEN ASSOCIATES