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Profitable Last-Mile Logistics Company For Sale

Elizabeth, NJ

Seller Financing Available

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Cash Flow:$1,300,000
FF&E:$700,000
Gross Revenue:$7,100,000
Established Year:2017
Listing ID: 2256174Listing provided by BizBuySell
BUSINESS DESCRIPTION

Profitable Last-Mile Logistics Company For Sale

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.

DETAILED INFORMATION
Location
Elizabeth, NJ
Inventory
Not Included in asking price
Employees
70
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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.
Competition
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.
Growth & Expansion
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.
Financing
TBD if structure and terms are acceptable.
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.
Reason for Selling
The Seller is looking to venture into other business opportunities and also take
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Sam
Madson
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Sam Madson
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