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This is an opportunity to purchase an established logistics business which services a broad range of clients. For 50 years, this Company has been moving freight for industries like Financial, Retail, Healthcare, Furniture and many more. The Company has expertise in LTL trucking, Rail, Air and Overseas freight. The key to their success has been their emphasis on a high-level of customer service as well as competitive pricing. This is a low overhead business with only 4 employees and 2 drivers. The Company has been able to achieve strong revenues with only a handful of staff mainly because of the superior network of providers it has cultivated over the years. Moreover, they have been able to maintain approximately 18% net income over the years after all expenses have been paid. The owner is now looking to retire and wants to transition this very successful, relocatable business along with his knowledge and incredible base of clients and providers to a new owner. The owner will stay on to teach and train the new ownership on how to continue the success. With annual revenues of $4-$5M, earnings of nearly $1M, high-margins, a very loyal client base and excellent provider network, this business represents a very strong opportunity for new ownership to build upon. Qualified candidates, please refer to listing number 15165 when inquiring about this opportunity.
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For over a decade, this Cell site maintenance and telecom towererection business has primarily served the northern and westernareas of Texas with some work in Oklahoma and Louisiana. Theyreceived their contract with ATT in Dec of 2022 and in March of2023 began working with dish. The seller is looking to enterretirement as he has recently purchased a large ranch, however, toshow his vested interest in the continued success of the businesshe has offered to finance 20% of the price which can also includeperformance goals. Additionally, he is willing to stay on as themanaging operator for 2-3 years. The company currently boastsover $1.8 million in contracted work that is in work in progress andbacklog. The purchase comes with all of the vehicles andequipment a new owner would need which totals over $500,000.The owner provides oversight, money management and worksroughly 20-25 hours per week. He is able to work this limited parttime role because of the well-developed team of 18 that he has inplace. The leadership team consist of a Vice President that theowner has been mentoring, and an up-and-coming operationsmanager plus 2 project managers and 3 crew supervisors. Thelabor force has 3 crews made up of 2-3 team members per crew,allowing this company to perform work simultaneously on severalsites.Priced at $1,825,000, this business is poised for a new owner totake charge with ample opportunity to grow. There have been 2banks that have approved this deal for a qualified buyer and therehas already been a 3rd party appraisal completed summer of 2023citing this price is fair and accurate. Expanding geographicallywould be a large growth opportunity as the existing client base hasrequested that this business perform cell site maintenance in otherareas. This is something that can be easily done, but with theowner only working part time, this has not been a priority. A newbuyer could capitalize on this opportunity and expect revenue andcashflow to follow. There is very low overhead as the office is2,000 square feet and the warehouse and storage space are an additional 4,000 square feet. The labor crews rarely visit the office as their work is performed onsite – a new buyer could relocate to save on this expense.
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