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Listed by:

ProNova Partners

Broker license number: 01820673

Profitable Last-mile Logistics Company For Sale

Elizabeth, New Jersey, US
Asking Price:
Undisclosed Furniture / Fixtures included
Sales Revenue:
$7,100,000
Cash Flow:
$1,300,000

Rooted in a deep understanding of the furniture industry’s logistical challenges, this company was founded to revolutionize delivery reliability and service quality. Originating from a previous venture, the company has grown into a prominent player in the logistics sector, specializing in white glove last-mile delivery services. With a strong foundation built on innovative problem-solving and customer-centric service, this business stands out for its sophisticated infrastructure and cutting-edge technology.

The Company excels in offering meticulous white glove delivery, secure warehousing, and efficient distribution services, meeting the growing demand for high-value and sensitive product deliveries. The company’s success is driven by strong communication, organization, and the implementation of the latest industry technologies. With a strategic vision to expand across the East Coast and eventually nationwide, this business is well-positioned for continued growth. Key investment considerations include robust transportation, advanced inventory management, superior customer service, and a commitment to meeting shipper demands. While challenges like the need for capital and expansion are present, the company’s strengths make it a formidable contender in the logistics market, poised for further success.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

Facilities: Three (3) large warehouses in Elizabeth, New Jersey (60,000 sq ft) - Thomasville, North Carolina (30,000 sq ft) - and Orland, Florida (34,000 sq ft). The Company owns the warehouse in North Carolina.

Business Operation

Expansion Potential:

The Company aims to increase sales by 10-15% in the coming months. To achieve long-term goals, the Buyer should participate in trade shows to network and stay updated with industry trends. In the ever-growing logistics industry, enhancing service levels, increasing terminal locations, and leveraging competitive pricing strategies are crucial. These actions will solidify the Company's market position and drive sustainable growth.

Competition / Market:

The Company operates in a competitive marketplace, distinguished by its unique business model and superior service levels despite facing larger competitors like Ryder, Metropolitan, and JB Hunt. With a focus on high-quality service and cost-efficiency, the company aims to expand its terminal locations to further enhance its market position.

Reasons for selling:

The Seller is looking to venture into other business opportunities and also take some time off to enjoy family life.

Employees:
70
Years established:
2017

Other Information

Support & training:

The Seller is willing to help with training the Buyer and assist with the transition of the Company for a period of four (4) weeks post-closing at approximately twenty (20) hours per week. Anything above and beyond this initial period is negotiable.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$700,000 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673