10 Year Logistics Company - $458,000 Owner Earnings

Cincinnati, OH (Hamilton County)

10 Year Logistics Company - $458,000 Owner Earnings
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Asking Price: $1,198,000

Cash Flow: $458,000

Gross Revenue: $1,892,000

EBITDA: $458,000

FF&E: $325,000

Inventory: $2,500

Rent: $0.00

Established: 2009

10 Year Logistics Company - $458,000 Owner Earnings

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Business Description

Exceptionally operated

This 10 - year old independent logistics company has grown from $1,200,000 in sales in 2016 to $1,500,000 in sales in 2017 to $1,900,000 in sales in 2018. Services include freight and project work, moving, storage, and warehousing. In addition, the company is a FedEx Custom Critical LTL Delivery provider and is Amazon Heavy Bulk Delivery Approved. This business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Proprietary Estimating Software
A+ Rating with the Better Business Bureau
Long tenured staff to maintain sales growth
Clean books and records – all numbers are verifiable
21 Angie’s List Super Service Awards in Multiple Markets
Highest Rated & Most Rewarded Logistics Company in Ohio
Price includes all equipment valued at between $300,000 - $350,000

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
N/A
Employees:
23
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates out of a 600 square foot office and a 3,000 square foot warehouse. Plenty of room exists in the facility to grow much larger.
Competition:
Certainly competition exists in the industry, but very few competitors can match the depth and breadth of their customer relationships and the great reputation that the company enjoys.
Growth & Expansion:
The goal is to reach $2,600,000 in sales in 2019. The company feels very strongly that this is within their reach with lots of new customers being onboarded.
Support & Training:
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling:
The owner has come across a new opportunity that he wishes to pursue.
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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