Warehousing & Distribution Services Provider
Not Disclosed, NJ Somerset County
Seller's Contact Information
- RE: Warehousing & Distribution Services Provider
- Contact: Edward Fitzgerald
Business Overview:
The Company is a third-party logistics (3PL) provider with a focus on warehousing and distribution related services. The Company is based in New Jersey and maintains warehousing space totaling close to 900,000 square feet.Approximately 70% of the Company’s revenue is generated from general warehousing activities with the remaining 30% generated from transportation and other value-added distribution services such as pick & pack, order assembly, and kitting. The Company holds AIB certification, a highly recognized food safety designation, which provides access to a new demographic of clientele that exclusively deal with vendors with this certification.
The client base consists primarily of distributors, manufacturers, and importers of garments, food, cosmetics, and other various consumer goods concentrated in the Northeastern region of the US. The Company currently has a well-established customer base of approximately 45 active clients that are invoiced on a monthly basis. Revenue is highly predictable given the recurring nature of its contracted services.
Property Features and Assets:
900,000 square feet of warehousing space, plus office space, centrally located near major transportation hubs.Market Competition and Expansion:
Competition: The Company is well-established as a high-quality service provider in its market. It offers a wide variety of services and is equipped to handle various types of goods with varying storage needs. It maintains facilities that are AIB certified for food grade storage, licensed for US Custom bonded warehousing and alcohol & beverage warehousing, and equipped for temperature-controlled warehousing. Growth & Expansion: The Company has achieved strong growth and increased earnings in recent periods, tripling its annual revenue over the last decade. There are several avenues of continued growth that have been identified by Management. These include, but are not limited to, continued expansion of warehousing capacity to address excess customer demand, introducing in-house trucking services, and expanding its e-commerce fulfillment services.Reason for Selling:
RetirementAdditional 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
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