Third Party Logistics (3PL) company - Freight & Broker divisions

TX

Third Party Logistics (3PL) company - Freight & Broker divisions
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Asking Price: $2,250,000

Cash Flow: $500,000

Gross Revenue: $5,800,000

EBITDA: $500,000

FF&E: $600,000

Inventory: N/A

Rent: $6,500 /Month

Established: 2006

Third Party Logistics (3PL) company - Freight & Broker divisions

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Business Description

Successful Third-Party Logistic company is composed of asset-based and non-asset-based divisions. The company owns several Trucks as well as acts as a broker.

The services this company provides includes that of a freight broker as well as dedicated truckload and less than truckload carrier. This company combines the strengths an asset-based 3PL and non-asset based 3PL to better service it’s clients. They provide expedited, Truckload (TL), Less than Truckload (LTL) delivery services across the US and Canada with a concentration of customers in the DFW market. The seller acts as the sales manager and has ops management team is in place.

The Company has a total of 14 full time employees. The key employees are, an Ops Manager and a Dispatch Manager.

Top Details
- Established and well-known company after 12+ years in the industry.
- Average length of top 10 customers is over 5 years.
- Opportunity to grow within DFW by offering more last mile delivery to existing customer base.
- Owner continues to reinvest in the business and expects solid growth in 2019.
- Consolidation in the logistics industry continues to remain high.
- 10 – Company Owned Tractors, 12 – Owner Operator Tractors, 4 – Owner Operator Bobtails.

Detailed Information

Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The Owner genuinely desires an effective business transition with seamless customer service through to the buyer. They will train a buyer for 30 days. An additional consulting contract can be obtained.
Reason for Selling:
Retirement
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Alex Vantarakis

Business Listed By:
Alex Vantarakis

The Vant Group

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