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High-Profit Well Established Logistics Company
Location: United States -> Florida -> Fernandina Beach
Industry: Business Services > Other Services




Business Summary

Since 2005, this logistics and transportation company has provided superior customer service to its clients that frequent the Northeast coast of Florida. Established in Fernandina Beach, just off main Highway A1A, this trucking company is seated perfectly at the ports of the Atlantic Ocean, less than 40 miles from the larger busy city of Jacksonville, Florida. The business has a qualified staff of truck drivers who have been loyal to the company over the years. With over $2 Million in revenue last year, and $3 Million the year previous, it is clear that this logistics business is a picture of success.

The business is located one block from Highway A1A. The modern facilities include four offices (3 connected offices at 600 sqft., 1 private office at 200 sqft.) and an approximate 5-acre yard with room to park 14 trailers. The 3 conjoined offices house the dispatching area and computer. The real estate and property are on a renewable lease that renews in January. Other physical assets included in the sale are 4 leased trucks: 2016 Freightliner, 2015 Volvo, and two 2012 Freightliner trucks.

There are no competitors in the Fernandina Beach area. The business has a longstanding and loyal clientele. Five major clients are steamship lines that frequent the port in Fernandina Beach, 2 ports in Jacksonville, and the Florida East Coast Railway Ramp in Jacksonville. The business has a well-known and respected name in the market area and business arena and has provided superior customer service to its clients over the years.

The business has seen no shortage in workload and turns down business regularly. Hiring a few additional drivers to put 15 trucks on the road could easily generate up to $3 Million in revenues in one year. All of the trucks are tagged for 48 states, but most travel within the southeastern U.S. Establishing a website and expanding the online presence of the business could also generate more income.

Asking $2.5mm
call 866.367.4198 for more info!


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,316,337
Cash Flow:   $503,714
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $130,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Currently, the business has 1 full-time general manager, 9 full-time contractual employees, 2 part-time contractual employees, and one owner. The business has staff and management in place to help a new owner successfully manage the transition, and to provide continuity after the owner's departure that clients know and trust. The business owner is
Reason For Selling:  Retirement

Photos

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High-Profit Well Established Logistics Company Photo 1




Print Listing Id: 700268919
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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