MergerPlace

Profitable & Established Freight Forward

New Jersey (Middlesex)


  • Asking Price: $4,900,000
  • Gross Income: $10,486,313
  • Cash Flow: $1,025,681
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $30,623
  • Listing ID: #215797
  • Established: 1999
  • Employees: 9 FT/ 0 PT

Business Description

This company is a competitively-priced Freight Forwarder and OTI whose success has come by offering "Superior Service" to their customers.

By using the latest technology and having an experienced staff, this established Freight Forwarder ensures that the customer experience is the key to being successful in the shipping industry today.

By having experienced people and the automation of the Shipping process, they give Customers the ability to manage their shipments online, without having to wait for somebody to call them back with critical information.


Business Details

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

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 9 FT/ 0 PT

Financial Information

Asking Price: $4,900,000
Gross Revenue: $10,486,313
Cash Flow: $1,025,681
FF&E: $30,623
Seller Financing Available: No

Property Information

Facilities:

This business is located in a residential setting with sufficient parking for employees and guest.

Growth & expansion opportunities:

Franchise brand and platform ready for growth.

Competition:

There are over 115,000 licensed freight forwarders in the United States. For much of 2017 and all of 2018 to current, rates to shippers who ship via truck & rail rose as freight demand rose and the supply of available equipment fell. This Freight Forwarder's business model is not affected by a shortage of trucking equipment due to the companies focus being on the use of ocean transportation services.

Reason for selling:

The Owner is working towards retirement.

Support & Training:

Will train for 52 weeks @ $2,000. This freight forwarder is fully licensed by the FMC association as well as being fully bonded.

Contact Business Seller

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Business Listed By:

John Hayes

Murphy Business Brokers