BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

General Bonded Warehouse & Commercial Storage

Camden/Camden, NJ

Services: Non-classifiable

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$950,000
$1,046,592
$270,000
$270,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1969
14
67428579
Owner Financing is Available!
The business qualifies for a 25 year SBA 7(a) loan through Wells Fargo.

Business Overview:

Business Description : The target company provides logistics management and warehousing services out of a 125,000 warehouse facility in the Camden section of New Jersey. The company stores, consolidates, packages, and labels all types of durable goods on behalf of its customers, allowing the customers to quickly move their products via rail, air, water, and/or truck .With the exception of refrigerated goods, there is no limit to the kinds of products the business will store. Some of the products the company stores include lumber, steel, auto parts, paper goods, electronics on behalf of various wholesalers and manufacturers. In addition to general storage and warehousing services the business provides ancillary services that enhance its value in the eyes of its customers. The following is the number of services the company provides: 1) Bonded Warehouse 2) Container Service 3) Consolidation 4) Coopers and Packers 5) Crane Service 6) Distribution 7) Export Packing 8) Heavy Lifts 9) Millwrighting 10) Over Dimensional Loads 11) Piggyback Specialists 12) Packing & Crating 13) Personal Effects Shipments 14) Riggers 15) Storage in Transit 16) Warehousing 17) ICC Broker 18) Importers License 19) Consulting Service 20) Pick & Pack 21) Liquor Storage The company s core service is storage and consolidation warehousing in which the company charges its customers a standard monthly fee. The company also charges additional fees for additional services such as packing, import/export distribution, inventory management, faxing, labeling, and container maintenance just to name a few. The company contracts all of its customers for its services. For example in January 2006, the company produced a total of $137,208 in revenue. $79,225 stemmed from the monthly fees collected for storage and warehouse services.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Square Footage 125,000 Facilities / Location Description The warehouse is 125,000 square feet. 90,000 square feet constitutes the warehouse. 10,000 square feet is made up of office space. 25,000 square feet constitutes room for parking and driveway. For a detailed description of the property, see property survey. Rent will be $12,000 a month with a triple net lease. Long term lease.

Market Competition and Expansion:

Competition: The business competes on quality of personal service provided resulting from the fact that it is small. The company has 3 local competitors: 1) John Jefferies (located up the block); 2) Standard Warehouse; and 3) National Distribution Center. In addition to the local competition, there exists 15 Public Warehouse Storage facilities in the Philadelphia area. Growth and Expansion: Create new relationships and sell your services to more accounts.

Reason for Selling:

Retirement

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.

Resources: