Highly Profitable Licensed Customs Broker

Not Disclosed, NA

New York Metropolitan Area

Asking Price: Annual Revenue:
$1,150,000 $1,260,000

Services: Financial, Accounting, Insurance

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RE: Highly Profitable Licensed Customs Broker Broker: Karin Neumann
Owner Financing is Available!
$0.2m Seller financing plus $0.8m Bank financing subject to buyer qualification.

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $1,260,000
Net Profit: Not Disclosed
Cash Flow: $460,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 75+
Employees: 7
BBN Listing #: 75566267
Broker Reference #: 1492-2087A

Email or Print Listing

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Business Overview:

This well-established Licensed Customhouse Broker specializing in Duty Drawback Refunds is located in the New York metropolitan area. The firm enjoys significant operating margins and documented profitability with sales nationwide and international.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.3x EBITDA (ttm). A full valuation report is included and there is $15,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $260,000 benefit in after-acquisition-debt cash flow in Year #1 – more than 150% return on equity investment.

A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

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Property Features and Assets:

This business currently operates from a 2,200 square feet office.

Market Competition and Expansion:

The company enjoys a competitive advantage by providing their customers with professional and timely service which is hard to come by in this industry. Their knowledge and proficiency in the duty drawback process are highly regarded enabling the company to build a loyal and repeat client base. It is projected that a new owner will obtain additional growth by expanding the direct sales effort, company exposure and social media presence with a minimal investment of $10,000 to $15,000. The company projects a revenue growth rate under such premise of 10%+ per year.

Reason for Selling:

To step back after many years (consulting available).

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.

Relevant Links:

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