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Small Niche Logistics Company

King County, WA

Seller Financing Available

Truck
Asking Price:$600,000
Gross Revenue:$907,221
Established Year:2016
Cash Flow:$315,827
FF&E:$360,000
Listing ID: 2252787Listing provided by BizBuySell
BUSINESS DESCRIPTION

This small logistics company has been fulfilling a unique and lucrative niche need within the local transportation sector since 2016. Equipment is kept within customer yards and is secured within their contracts for service. The Seller mainly handles the business operation, contact with customers, dispatching drivers and navigating day to day operations from a home-based office. The company has competent and experienced drivers as well as an admin that assists in office functions. The Seller does have a CDL but rarely drives anymore. This is an opportunity that could be a very lucrative bolt on to a larger operation wanting to get connected with well-known customers or for an ambitious Buyer who wants to grow from the solid foundation built by the Seller. Take advantage of this rare find and inquire today! All inquiries will be required to submit an NDA for details.

DETAILED INFORMATION
Location
King County, WA
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business essentially is home based, and the Seller is able to operate it from the road while traveling as well. As is customary in small logistics companies, the bulk of the equipment is housed at their customer yards and specified as such within their contracts.
Competition
This company operates within a lucrative niche that larger logistics firms do not seem to have the systems to handle well. This fact places the Seller in a positive position that not only provides consistent local work but also has opened doors to future opportunities being offered by their larger customers. There are competitors but many operate outside of the niche.
Growth & Expansion
Customers routinely request that this company take on more work which so far, the Seller has turned down but kept the door open primarily for a future Buyer. The Seller is willing to assist the Buyer in going after expanded work opportunities for compensation.
Financing
Seller is open to some financing to assist Buyer in securing SBA funding.
Support & Training
The Seller is prepared to provide comprehensive transitional support for a successful hand off to customers.
Reason for Selling
Relocation out of State
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Wes
Martin
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Wes Martin
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