High End Freight Forwarding Company

Wake County, NC
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Asking Price:$425,000
Gross Revenue:$750,000
Rent:$3,750/Month
FF&E:$25,000
Cash Flow:$140,000
Inventory:$5,000
EBITDA:$140,000
Established Year:2008
BUSINESS DESCRIPTION

The company packs and ships high end commercial and retail products. Commercial products are computer servers, medical devices, etc. Retail products are paintings and antiques. We are hired to pick up the items, package in custom crates or boxes and ship to various locations around the world.


DETAILED INFORMATION
Location
Wake County, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
3.5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company just moved into a great warehouse located near RDU. Landlord pays all utilities - waste, electric and heat.
Competition
There is little direct competition. Most of your time will be spent responding to quote requests from customers. 80% of these requests come from emails and 20% from calls made to the company. 0% cold calling.
Growth & Expansion
A new owner could expand into additional territory - Charlotte or Greensboro/High Point. Another area for expansion would be more packaging capacity (hire another 1-2 employees). This would allow you to service more customers from the same physical space. Currently there are 3 packing tables in place but only 2 packers.
Support & Training
One month of in location training. Phone support for the next 4 months. This is a very simple business. The franchisor handles online advertising. The systems that are used for quoting and tracking orders is very good. The franchisor is very good at responding to questions and suggestions to this system. It only takes a few weeks to be confident in quoting.
Reason for Selling
Changes in my personal life.
Franchise
This business is an established franchise
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Terry Butler
Terry Butler