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Freight Brokerage

Iowa (Polk County)

Services - Freight Carriers, Moving/Delivery

Asking Price $450,000 Inventory  
Gross Income $3,209,620 Real Estate  
Cash Flow $174,854 Year Established 1982
FF&E N/A Employees 1ft / 1pt

* included in the asking price

** not included in the asking price

This is a long established freight brokerage serving independent owner/operators and small to medium sized trucking companies. The company specializes in meat and frozen food in refrigerated trailers. The company earns a commission on each load based on the spread between what the shipper agrees to pay and the carrier agrees to deliver for to the shipper s customer. The owner is retiring after the sale.

Growth/Expansion: *Hire an additional broker to increase the volume of loads and calls handled daily with current, as well as new shippers and carriers, to increase sales and margins. *Develop an interactive website, where available loads could be posted and carriers could view and respond on-line. *The owner feels the Gross Profit Margin could be increased from the current 6.5 7.0% without significant loss of carriers using the company s services. *Increase the number of Pre-pays to carriers which brings in an additional 5% in Gross Profit Margin.

Support/Training: Yes, to be negotiated in terms of the sale.

Reason Selling: Retirement

Business For Sale By

Brian Henderson

877-443-4300

The Henderson Business Group, Inc.

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