Business for Sale Overview:
This International Freight Company is a 25 year-old firm specializing in air and ocean freight services. The firm has averaged $2 million in sales and over $250,000 in Seller Discretionary Earnings (SDE). Based in the South Bay of Los Angeles County, it is conveniently located to both the Ports of Los Angeles and Long Beach, and Los Angeles International Airport.
The Business is an agent for both importer and exporter in moving commercial, industrial and residential cargo to domestic and overseas destinations. The firm, in conjunction with its freight network, is familiar with
• the export and import rules and regulations of the U.S. and foreign countries
• facilitating shipping and documentation related to foreign trade
The Company is licensed by the International Air Transport Association (IATA) to handle air freight and the Federal Maritime Commission to handle ocean freight. Further, the firm is a bonded Non Vessel Operating Common Carrier (NVOCC), maintaining contracts with carriers, expediting the booking of reservations and issuing its own house bills of lading or equivalent documentation.
The Business assists exporters and importers with complete logistical consulting, including preparation of price quotations, by
• advising on freight costs, port charges, consular fees, costs of special documentation, insurance costs, handling fees, and in-house customs brokerage services
• Guiding clients in the preparation of letters of credit
• recommending the packing methods that will protect the merchandise during transit or arranging to have the merchandise packed at the port or containerized, and
• reserving, where necessary, the space on a vessel, aircraft, train, or truck.
• Serving as an expert in multiple car loading with ramping techniques
Once the order is ready for shipment, the Firm will review all documents to ensure that everything is in order. This is of particular importance with letter of credit payment terms. They may also prepare the bill of lading and any special required documentation. After shipment, they electronically route the documents to the seller, the buyer, or to a paying bank. The Firm can also make arrangements with customs brokers overseas to ensure that the goods comply with customs export documentation regulations. A customs broker is an individual or company that is licensed to transact customs business on behalf of others.
The Company operates from an 8,500 square foot building consisting of 6,500 square feet of warehouse and 2,000 square feet of offices. It has maintained an excellent record with its vendors and customers and retains excellent ratings from both D&B and the Better Business Bureau.
This is your opportunity to establish a West Coast presence by acquiring this well established, profitable, niche air and ocean freight forwarding business without the time and costs associated with a startup location.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
8,500 square feet. Rent = $5,500 per month.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.