Seller's Contact Information
- RE: Contract Warehousing Company
- Contact: Edward Fitzgerald
Quick Facts
| Asking Price: | $12,500,000 | |
| Annual Revenue: | $9,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,390,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 40 | |
| BBN Listing #: | 75649983 | |
| Broker Reference #: | S-2983-G |
Business Overview:
The Company is a third-party logistics (3PL) provider with a focus on warehousing and distribution-related services. The Company is based in New Jersey and maintains warehousing space totaling close to 240,000 square feet.
With just over 50% of the Company’s revenue generated from general warehousing activities and the other 50% being from transportation services, the Company does not rely on one set standard to generate income. Since its founding, the Company has been able to develop a niche handling non-hazardous, industrial commodities.
The client base consists primarily of international distributors, manufacturers, and importers of plywood, industrial waxes, paper products, and other industrial goods that work across various industries with no one customer being more than 15% of the total revenue. The Company currently has a well-established customer base with revenue being highly predictable given the recurring nature of its contracted services.
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Property Features and Assets:
240,000 square feet of warehousing space, plus office space, centrally located near major transportation hubs.
Market Competition and Expansion:
Being in business for over 40 years the Company has placed itself as a service providing leader in its market, with decades of customer relationships. With its strong reputation and established infrastructure, the Company has earned its customers loyalty and business. Also, there are few competitors in the region who also specialize in the niche product segments the Company handles and even fewer who offer in-house trucking services as well. The products the Company stores result in high rates of turnover but with the client demand, the warehouse still operates at nearly 90% capacity year-round. This provides the opportunity to expand the storage space to meet increasing demand from clients both recurring and new.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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