3PL Service Company
Not Disclosed, NY Suffolk County
Seller's Contact Information
- RE: 3PL Service Company
- Contact: Courtney OConnor
Quick Facts
| Asking Price: | $14,500,000 | |
| Annual Revenue: | $9,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,600,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1980 | |
| Employees: | 36 | |
| BBN Listing #: | 421049983 | |
| Broker Reference #: | S-2599-G |
Business Overview:
The Company is a niche 3PL service provider specializing in rush and same-day delivery in the Northeastern US. Founded over 40 years ago, the Company has grown steadily into the leading provider of expedited delivery and courier services within its niche market. The Company maintains an extensive fleet of vehicles enabling it to serve the varying needs of its diverse customer base ranging from small parcels to full truckloads of goods.
The primary customer base is comprised of over 100 active customers. The Company’s core market is distribution companies supplying electrical, plumbing, and general building materials, construction companies, and contractors. These customers drive steady, consistent revenue streams as they tend to have high-volume needs with deliveries to several project sites on a daily basis. The Company maintains over 240,000 square feet of warehousing which creates additional revenue streams and helps solidify customer relationships for its core transportation services as many customers have needs for both services.
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Property Features and Assets:
Multiple NY Metro Area facilities totaling over 240,000 square feet.
Market Competition and Expansion:
Competition: The Company is a leading provider for rush and same-day courier services in the northeastern US thanks to reliable, 24/7 services and 18 experienced drivers with an average tenure of 7 years. Expanded warehousing capabilities offer an added benefit for transportation customers than competitors do not offer. Expansion & Growth: The Company has expanded its service offerings in recent years to increase revenue generation within its captive clientele as well as increase the markets it serves. In addition to upgrading its fleet of vehicles and significantly broadening its warehousing capabilities, the Company has also introduced new 3PL services to its offerings. There is further room for growth in new end markets and expansion into new geographic areas.
Reason for Selling:
Succession Planning/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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