Business Overview:
The Company is a full-service logistics brokerage company that is licensed as both a freight broker and freight forwarder under the USMCA….and can be run completely virtually!
With a cutting edge website already in place and a strong network of carriers and customers, with a new owner looking to break into the business or an established company looking for an additional brand or coverages, this business is turn-key and ready to grow.
Highlights
• Business Name: Upon accepted LOI
• Type of Entity: LLC
• Date and State Incorporated: 2010 in Texas
• Address: Houston, TX Metro-77084 Zip Code
• Year Established: + 12
• Operating Hours: Monday – Friday from 9 AM-5 PM CST
• Asking Price: Best Offer
• Inventory: Minimum
• Earn-out/Seller Financing Terms willing to offer? Yes
• Non-compete: 2 years, continental USA is covered
• Reason for selling: spend more time on other business interests
• $1,367,573.20 Adjusted/Recast Revenue in 2022
• $147, 795.55 Adjusted/Adjusted EBITDA in 2022
• Contract available with GlobalTranz for LTL shipments if Buyer so desires
• Lease/Real Estate: Yes Required: No
• Negotiable period of training/transition consulting at no cost
• Consulting agreement: Yes, negotiable
The Seller also has another business where he wants to shift his focus, and so he is looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Facilities: Leased: MTM/$1,000 a month. Not required to run the business.
Market Competition and Expansion:
Competition: Like opportunity, competition is intense and plentiful in the logistics business!
Growth & Expansion: Add brokers, then repeat!
Reason for Selling:
Other business interests
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.
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