Business for Sale Overview:
Transportation & logistics business offering inbound & outbound freight delivery as well as unload/reload services, storage, warehousing & wholesale/retail for several product lines. Business services priced on a per unit basis through an integrated set of operating companies. Material delivered by rail is unloaded/reloaded & delivered locally by truck. They are positioned to be a major Northeast supplier of one of their product lines. In addition, there is a 15 year contract in place for the storage, distribution & delivery of a second product line with potential of a minimum $30MM in revenue. There are LOI’s in place for the storage, distribution & delivery of 3rd & 4th product lines with the potential of $2MM additional annual revenue per venue. These lines of business are expected to grow rapidly. There is a significant upside potential through local economic development projects. Direct distribution to customers. Excellent reputation & exclusive rights to its rail line is the key driver of its success. Seller willing to stay with new owner up to 3 years if needed for a mutually agreed upon compensation package.
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:
The real estate portion of the company was appraised at $17MM in early 2008. Long term lease on 20 plus miles of railroad track & ownership of a premium railroad junction with 25 miles of land surrounding the railroad. The offices, warehouses & storage facilities include an additional 22 acres of land. The company is in the process of purchasing a 100 acre parcel of land adjacent to the 22 acre parcel in order to extend the railroad & build additional warehouses & storage facilities.
Market Competition and Expansion:
Little competition in this area. Customers are national & long term. The company’s business is significantly diversified. Long term lease on 20 plus miles of railroad track & ownership of a premium railroad junction with 25 miles of land surrounding the railroad. The offices, warehouses & storage facilities include an additional 22 acres of land. The company is in the process of purchasing a 100 acre parcel of land adjacent to the 22 acre parcel in order to extend the railroad & build additional warehouses & storage facilities.
Reason for Selling:
To grow company more quickly
Additional Details:
- The property is owned.
- 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.