Seller's Contact Information
- RE: Premier LA County Freight International Forwarder
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $32,582,731 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,126,533 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 22 | |
BBN Listing #: | 854027574 | |
Broker Reference #: | 1115 TRUCKING |
Business Overview:
The Company is a full-service international licensed as both a freight forwarder and NVOCC.
With a cutting-edge website and technologies already in place, elite ocean freight partners and a strong network of carriers and customers, this business is turn-key and ready to grow for Its next owner!
Highlights
•The business was registered as a California C-Corporation in 2005
•Three (same family) owners own 100% of the stock/will transfer 100% interest on sale
•Non-compete: retirement and to spend more time on other business interests
•$32,582,731.31 in Revenue in 2022
•$7,560,374.81 Gross Profit in 2022
•Specialty: Ocean Freight, Air Freight Import/Export
•Lease/Real Estate: Yes, 2 leased locations
•2022 Real Estate Expense: $446,040.51
•Easy access to Ports of Los Angeles/Long Beach
•60K Sq. Ft. Warehouse w/dedicated office space
•19 management/back-office emplyees
•$2,044,201.77 Total Payroll in 2022
•$1,351,900 Total Key Employee Payroll in 2022
•Negotiable period of training/transition consulting at no cost
•Non-compete: 2 years/negotiable
•Consulting agreement: Yes, negotiable
•Earn-out/owner financing: Possible
•Consulting agreement: Yes, negotiable
The Sellers are retiring and 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: Detailed information on leases available
Market Competition and Expansion:
Like opportunity, competition is intense and plentiful in the logistics business!
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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