Profitable & Established Freight Forwarding Biz

Not Disclosed, NJ
Middlesex County

Asking Price: Annual Revenue:
$1,900,000 $8,510,631

Services: Taxi, Limo, & Passenger Transportation

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RE: Profitable & Established Freight Forwarding Biz Broker: Russ Miller

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $8,510,631
Net Profit: Not Disclosed
Cash Flow: $552,455
Total Debt: Not Disclosed
FF&E: $42,181
Real Estate: Not Disclosed
Year Established: 1999
Employees: 9
BBN Listing #: 3514955
Broker Reference #: 3401-15166

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Business Overview:

This company is a competitively-priced Freight Forwarder and OTI whose success has come by offering "Superior Service" to their customers.

By using the latest technology and having an experienced staff, this established Freight Forwarder ensures that the customer experience is the key to being successful in the shipping industry today.

By having experienced people and the automation of the Shipping process, they give Customers the ability to manage their shipments online, without having to wait for somebody to call them back with critical information.

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Property Features and Assets:

This business is located in a residential setting with sufficient parking for employees and guest. Assets= $42,181

Market Competition and Expansion:

There are over 115,000 licensed freight forwarders in the United States. For much of 2017 and all of 2018 to current, rates to shippers who ship via truck & rail rose as freight demand rose and the supply of available equipment fell. This Freight Forwarder's business model is not affected by a shortage of trucking equipment due to the companies focus being on the use of ocean transportation services. As rates to shippers rise and domestic truck & rail capacity remains tight, the company's customers enjoy an abundance of world-wide ocean transport services provided by their partners. "Spot" rates will continue to rise as international ocean service continues to expand.

Reason for Selling:

The Owner is working towards retirement.

Additional Details:

  • The property is leased.
  • 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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