Cash Flow Logistics Operations With Port License
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5600000
Net Profit / Cash Flow $535000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 20 - 34
Inventory 1050000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training Motivated owner will provide extensive training
Reason for Sale Retirement / family reasons
Description This well-established and recognized logistics enterprise provides reliable services to the import/export industry in the Northeast United States. The company has experienced stable growth since 2010 after dipping slightly following the 2009 crisis. Following an warehouse move in 2010, an organizational overhaul in 2011, the firm enjoys significant operating margins and documented profitability. The seller's 218,000 SF facility is located in a prime desirable location with a very attractive/flexible lease, and includes various food related licenses/ approvals.
This non union shop enjoys a competitive advantage by providing historically dependable services to a stable customer base of companies in the Northeast Region, some of which have been with the company since inception. In addition, the firm holds licenses to operate at the nearby ports - providing natural sales growth opportunities moving forward.
The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 4.6 EBITDA (ttm). A complete valuation report is included in the prospectus. There is no debt to be assumed and the deal includes $450k in current A/R. The business is pre-qualified by an SBA lender subject to buyer's financials, and by implementing the proposed deal structure an owner operator will obtain more than $220k benefit in after-debt cash flow.
A comfortable six months transition period will be provided by an owner who truly wants to continue to see his business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Deal Structure
Buyer Cash Down at Closing ---------$450,000
Buyer Bank Financing-------------- ---$800,000
Seller Financing at 8% / 5 years------$260,000
Debt & A/P Assumption---------$280,000
Total Purchase Price--$1,790,000
Note: The commercial financing has been pre-approved by an SBA len
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