International Freight Forwarder & Domestic 3PL Pro

Not Disclosed, MI

Asking Price: Annual Revenue:
$12,000,000 $70,000,000

Services: Moving & Storage

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RE: International Freight Forwarder & Domestic 3PL Pro Broker: Seller of Business

Quick Facts

Asking Price: $12,000,000
Annual Revenue: $70,000,000
Net Profit: Not Disclosed
Cash Flow: $1,900,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 39
BBN Listing #: 88049983
Broker Reference #: S-1939-G

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Business Overview:

The Company is a non-asset based international freight forwarder and domestic trucking business specializing in containerized export of lumber and other commodities. The Company has grown quickly over the years and now handles exports for each of the top 5 lumber companies in the country. The Company has thrived on a high degree of repeat business, exceptional customer service, and integrated technology in an otherwise antiquated industry.

While its core competency is the export of forest products, the Company has diversified its service offerings in recent years to include produce, plastics, machinery, rice, grains, and other commodities. The customer base is primarily comprised of sawmills, traders, flooring & furniture manufacturers, and other end users. There is minimal customer concentration with the top client accounting for less than 5% of annual revenue.

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Property Features and Assets:

Facilities: Northeast US headquarters.

Market Competition and Expansion:

Competition: The Company has grown to become one of the largest lumber freight forwarders in the United States by both volume and revenue. By leveraging the infrastructure & network built by a previous family business, combined with an experienced and knowledgeable management team, the Company has established numerous competitive advantages that will fuel growth and additional market share for years to come. Growth & Expansion: The Company has achieved year over year growth every year since its founding, adding new customer accounts each year without losing any significant accounts. It also established a domestic trucking operation in 2020, which is projected to produce $8 million in 2021 revenue. As this department grows and the Company’s services become more diversified, it will strengthen the Company’s position in the market. The strong foundation established over the years has created a strong platform to leverage for future growth initiatives.

Reason for Selling:

Principal seeking to pursue other business venture.

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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