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Profitable & Established Freight Forwarding Business

Middlesex County, NJ (Relocatable)

Profitable & Established Freight Forwarding Business
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Asking Price: $3,800,000

Cash Flow: $711,230

Gross Revenue: $10,486,313

EBITDA: N/A

FF&E: $30,623

Inventory: N/A

Established: 1999

Profitable & Established Freight Forwarding Business

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Business Description

PRICE REDUCED!!

This company is a competitively-priced Freight Forwarder and OTI whose success has come by offering "Superior Service" to their customers.

By using the latest technology and having an experienced staff, this established Freight Forwarder ensures that the customer experience is the key to being successful in the shipping industry today.

By having experienced people and the automation of the Shipping process, they give Customers the ability to manage their shipments online, without having to wait for somebody to call them back with critical information.

Detailed Information

Location:
Middlesex County, NJ
Employees:
9 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a residential setting with sufficient parking for employees and guest.
Competition:
There are over 115,000 licensed freight forwarders in the United States. For much of 2017 and all of 2018 to current, rates to shippers who ship via truck & rail rose as freight demand rose and the supply of available equipment fell. This Freight Forwarder's business model is not affected by a shortage of trucking equipment due to the companies focus being on the use of ocean transportation services.
Growth & Expansion:
As rates to shippers rise and domestic truck & rail capacity remains tight, the company's customers enjoy an abundance of world-wide ocean transport services provided by their partners. "Spot" rates will continue to rise as international ocean service continues to expand.
Support & Training:
Will train for 52 weeks @ $2k. This freight forwarder is fully licensed by the FMC association as well as being fully bonded.
Reason for Selling:
The Owner is working towards retirement.
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John Hayes

Business Listed By:
John Hayes

Murphy Business Sales

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Sponsoring Broker:
Russell Miller

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