Established Drayage and Warehousing Company, Port of Savannah

Savannah, GA
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Asking Price:$500,000
Rent:$6.5/SF/Year
Established Year:2017
Gross Revenue:$4,645,710
EBITDA:$93,969
BUSINESS DESCRIPTION

-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.


DETAILED INFORMATION
Location
Savannah, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
100,000
Lease Expiration
30/12/2028
Employees
15
Facilities
Trucks, Trailers, Chassis
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Chris Wang
Chris Wang