Seller's Contact Information
- RE: Project CW178 3PL Logistics - $10 MM 2022 EBITDA
- Contact: Christina Lazuric Woscoff
- License #: 01495314
Quick Facts
Asking Price: | $39,000,000 | |
Annual Revenue: | $70,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $10,086,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 230 | |
BBN Listing #: | 897063614 | |
Broker Reference #: | CW178 |
Business Overview:
Highly Profitable Transportation Logistics Company with Fortune 500 Clients
CBB presents a 15-year long distance logistics and transportation operating since 2007. They pride themselves on their long term relationship with a Fortune 500 E Commerce company since 2014, commitment to customer service and impeccable safety record due to their world class recruitment and training programs. The company has been consistently profitable operating 7 days a week with approximately 230 employees.
HIGHLIGHTS
• The company is a long-distance transportation and logistics company with approximately 230 employees, a network of owner operators and a fleet of 20 box trucks, 120 tractors, and 300 trailers.
• The company operates 7 days a week and has been consistently profitable due to its long-term partnership with a Fortune 500 E-Commerce company.
• The company has been reinvesting its profits into the company in the form of top-notch employees, trucks, new offices, training programs for drivers and now full-time recruitment to find the best and most competent drivers, and world-class safety programs. The real estate is also available for sale and has additional income potential.
• Key customers include many of the largest global suppliers.
• Key strengths include the company’s customer-service centric culture and geographic reach.
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Property Features and Assets:
20 box trucks, 120 tractors, and 300 trailers.
Market Competition and Expansion:
Companies in this industry provide long distance and local freight trucking, including truckload (TL) and less than truckload (LTL) services. The US general freight trucking industry includes about 80,000 establishments (single location companies and units of multi location companies) with combined annual revenue of about $190B. The industry is comprised of carriers that transport commodities for shippers using a commercial motor vehicle (CMV). This profile covers general freight companies, including for hire carriers and independent owner operators
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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