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Growing Independent Logistics Agent

Listing Number: 6301-431691

Description

This independent trucking company is an agent for a national logistics provider.

There are minimal facility costs keeping the overhead very low. Company is managed remotely. All back-office functions, including marketing, bookings, and invoicing, are outsourced to a team in Southeast Asia. This business centers around port drayage. Port drayage is the term used when describing short hauls from ports and other areas to nearby locations.
Drayage is a key aspect of the transfer of shipments to and from other means of
transportation. Full truckloads are picked up at the New Jersey ports and transported to nearby warehouses for delivery, by other carriers, to their ultimate destination. The
equipment consists of tractors that are owned by the operators who are independent contractors. One chassis is owned and twelve are leased on a monthly basis by the
company.
This company operates under a license agreement with the parent company. The
parent provides back end support including: Insurance, processing, and safety
compliance. In return they charge the agent a percentage of revenue for these
services.

Listing Details

  • Price: $ 975,000
  • Down Payment: $800,000
  • Sellers Discretionary Earnings: $ 268,453
  • Total Sales: $ 3,281,064
  • Location: Hudson County, New Jersey

  • Inventory: $ 0
  • FF&E: $ 0
  • Employees:
  • Reason for Selling: Consolidating Businesses
  • Category: Transportation,Business Services,Delivery
Growing Independent Logistics Agent

Business Listed By:

Marc Lazarus
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