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#Business ID: 13823

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Logistics Company

Business Location: Florida, United States

Asking Price: $ 5,250,000 Revenue: $ 3,329,333 Cash Flow: $ 703,105

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Marine Cargo Freight business. Container Logistics Company. Business functions under a non-asset based model, through its long term service relationships with major ocean carriers it offers Port to Door container logistics at highly competitive rates. It hires independent truckers to deliver the containers from PortMiami and Port Everglades to the eastern states up through Pennsylvania. Business is a DOT approved Bonded Carrier for regular and HazMat cargo. It is permited by the PortMiami and Port Everglades to handle containers.

Property Details

Years Established:

2004

FF&E:

$ 180,000

Inventory Value:

$ 15,000

Other Business Details

Premise Details:

29654sf fenced lot with a 2680sf building

Competition:

Company is a DOT approved bonded company for regular and HazMat cargo. The company holds permits with PortMiami and Porteverglades to handle containers. The present port permiting requirements hinder the entrance of new competition.

Expansion Potential:

This business will grow with good service to present customers and the planned "Deep Dredge" of the shipping channel. Miami-Dade County is presently in the contracting phase of its project to deepen PortMiami's channel to minus 50 feet, and has begun with the solicitation of bids by the U.S. Army Corps of Engineers. Construction is scheduled to begin in early 2013 and be completed in time for the opening of the expanded Panama Canal. The deepening of the channel is expected to double cargo throughput.

Business Operation Details

Employees:

5

Support & Training:

Owners will consider any reasonable transition plan to assure the sucessfull continuity of the relationships with the shipping companies.

Miscellaneous Details

Reason For Selling:

Owners retiring

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