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Profitable & Established Freight Forwarding Business For Sale

Middlesex County, New Jersey, US
Asking Price:
$1,900,000 Furniture / Fixtures included
Sales Revenue:
$8,510,631
Cash Flow:
$552,455

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 technolo
gy 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.

Property Information

Real Estate:

Lease

Premises Details:

This business is located in a residential setting with sufficient parking for employees and guest.

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

The Owner is working towards retirement. The owner will also consider remaining for up to 3 years to facilitate the growth of the company by focusing on increasing sales.

Trading hours:

Monday-Friday 8:30am-5pm

Employees:
9 FT
Years established:
21 Years

Other Information

Support & training:

Will train for 52 weeks @ $2,000
This freight forwarder is fully licensed by the FMC as well as being fully bonded.

Furniture / Fixtures value:
$42,181 - included in the asking price
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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