MergerPlace

10 Year Logistics Co - $458K Earnings

Cincinnati, Ohio (Hamilton)


  • Asking Price: $1,198,000
  • Gross Income: $1,892,000
  • Cash Flow: $458,000
  • Real Estate: Not Disclosed
  • Inventory: $2,500
  • FF&E: $325,000
  • Listing ID: #214425
  • Established: 2009
  • Employees: 23

Business Description

This 10 - year old independent logistics company has grown from $1,200,000 in sales in 2016 to $1,500,000 in sales in 2017 to $1,900,000 in sales in 2018. Services include freight and project work, moving, storage, and warehousing. In addition, the company is a FedEx Custom Critical LTL Delivery provider and is Amazon Heavy Bulk Delivery Approved. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Proprietary Estimating Software
A+ Rating with the Better Business Bureau
Long tenured staff to maintain sales growth
Clean books and records – all numbers are verifiable
21 Angie’s List Super Service Awards in Multiple Markets
Highest Rated & Most Rewarded Logistics Company in Ohio
Price includes all equipment valued at between $300K - $350K


Business Details

Primary Business Category: Transportation and Warehousing
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 23

Financial Information

Asking Price: $1,198,000
Gross Revenue: $1,892,000
Cash Flow: $458,000
EBITDA: $458,000
FF&E: $325,000
Inventory: $2,500
Seller Financing Available: No

Property Information

Facilities:

The company operates out of a 600 square foot office and a 3,000 square foot warehouse. Plenty of room exists in the facility to grow much larger.

Growth & expansion opportunities:

The goal is to reach $2,600,000 in sales in 2019. The company feels very strongly that this is within their reach with lots of new customers being onboarded.

Competition:

Certainly competition exists in the industry, but very few competitors can match the depth and breadth of their customer relationships and the great reputation that the company enjoys.

Reason for selling:

The owner has come across a new opportunity that he wishes to pursue.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers