Established Drayage and Warehousing Company, Port of Savannah
Asking Price: | $500,000 |
Rent: | $6.5/SF/Year |
Established Year: | 2017 |
Gross Revenue: | $4,645,710 |
EBITDA: | $93,969 |
-The Company began 2023 with 2 Active Drayage Customers and 3 Warehouse
Customers.
-In the last 90 days alone, the Company has gained 32 new Drayage Customers and now
has 82 active Drayage Customers, in addition to 8 active warehouse customers – all
from organic inbound opportunities. The majority of the Company’s Drayage Revenue is
recurring on an ongoing basis.
-Currently, the Company does not have a sales team or any dedicated sales team
members. The Company is receiving ~30 new business inquiries organically every day
(~630 total in February 2024).
-The warehouse is ideally located 3 miles from the Port of Savannah with 100k+ sq ft and 9 dock doors.
-The Company continues to attract new drivers. 2 new drivers (owner operators bringing
their own trucks) have onboarded in the first half of March 2024.
-The Company currently has 12 drayage drivers. The warehouse is Hazmat & FDA certified. Many of the drivers are also Hazmat certified, most trucks carry overweight permits.
-The Company's per shipment Gross Profit with Owner Operators on local drayage shipments to the Company's warehouse exceeded 50% last year.
-The Port of Savannah is currently the fastest growing port in the nation and already the
3rd busiest container port in the US.