Annual Revenue: $5,300,000
Net Cash Flow: $1,200,000
Location: NYC Metro Area, New York
Metropolitan NYC-based trucking and logistics company with a consistent track record of growth and profitability offered for immediate sale. They provide full service and Third Party Logistics (3PL). This TSA-approved company boasts Container Freight Station (CFS) and Certified Cargo Screening Facility( CCSF) credentials permitting white glove delivery and warehousing service while adhering to the highest levels of security protocols.
Management and ownership have distinguished the business through their commitment to excellent customer service, endless capabilities, and leveraging competitor resources. Indeed, the company enjoys outstanding relationships with airfreight transportation companies nationwide and frequently collaborates with competitors to complete even the most challenging jobs.
The firm actually flourished during the pandemic, as evidenced by a staggering 24.7% growth in SDE (sellers discretionary earnings) in 2020 and an incredible 170% over the last two years! Perhaps the firm’s greatest yet unexploited resource is its CFS bond for New Jersey. This bond allows the company to perform drayage services directly from NJ docked Ocean carriers and is extremely lucrative. A well-trained motivated staff, a well-situated warehouse facility, and a mixed fleet of company and owner-operator fleet completes this outstanding opportunity.