Last Revised: 10/25/19. Posting #: 10249155
Key Words: logisitics, trucking, shipping, hudson
Financial Info: Offered at $450,000. Revenue (2019 pro forma): $492,062, SDE (2019 pro forma): $232,263, Facility: 382 Square Feet, Rent: $1,076/month. Employees: 12 contractors – drivers, 2 Employees – dispatch/billing, 4 contractors – Back office. Parking: 15 spaces - $4,500/month.
Profile: Offered at $450,000
This is an excellent opportunity to acquire an established and growing independent logistics company agent.
This independent trucking company is an agent for a national logistics provider. There are minimal facility costs keeping the overhead very low. A small office space is leased on a month to month basis through June 2020, as are parking spaces for the equipment. All back-office functions, including marketing, bookings, and invoicing, are outsourced to a team in Southeast Asia. This business centers around port drayage. Port drayage is the term used when describing short hauls from ports and other areas to nearby locations. Drayage is a key aspect of the transfer of shipments to and from other means of transportation. Full container loads are picked up at the New Jersey and New York ports and transported to nearby warehouses for delivery by other carriers, to their ultimate destination by owner operator drivers. The equipment consists of tractors that are owned by the operators who are independent contractors. One chassis is owned and twelve are leased on a monthly basis by the company. The chassis leases currently run through December 2020.
This company operates under a license agreement with the parent company. The parent provides back end support including: Insurance, processing, and safety compliance. In return, they charge the agent a percentage of revenue for these services.
Revenue (2019 pro forma): $492,062
SDE (2019 pro forma):$232,263
Employees: 12 contractors – drivers, 2 Employees – dispatch/billing, 4 contractors – Back office
Facility: 382 sq. ft. Rent: $1,076/month
Parking: 15 spaces - $4,500/month
Professional Resources & Contacts To Help You Close Your Deal!
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