OFF-MARKET-Logistics Freight Brokerage For Sale

OFF-MARKET ‘Q4 2023

Trucking Freight Brokerage for sale

Atlanta, GA (Clayton County)

Seller Financing Available if the price and deal structure is right

Asking Price: Best Possible Offer

Cash Flow: $430,000

Gross Revenue: $2,400,000

EBITDA: $330,000

FF&E: $169,000 (gross)

Inventory: N/A

Established: 2005

Employees: 5

Business Description

The Truck Freight Brokerage is an S-Corporation. It was incorporated in March 2005 with its major base of operations in Atlanta, GA. The company manages the transportation needs of the top international forwarders, mostly for freight in/out of the Atlanta airport but can handle any needs nationwide as required. The company has earned the trust of these major carriers through excellent customer service. The company also includes a small trucking company that handles expedited freight in and around the Atlanta area for the brokerage.

Notably, the owner does not handle the day-to-day operations or any of the client relationships. He has been part-time for several years. The owner has been in the freight industry for nearly 40 years and is ready to focus on other interests and spend more time with his family. The company consistently generated around $4M in revenue and $500,000 in EBITDA annually through 2019. The tumultuous economy during and after COVID created challenges that the company has overcome and is now trending toward a full recovery to pre-COVID levels.

This is a perfect opportunity as a standalone operation, passive investment, or bolt on to an existing logistics-related company.

NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
One corporate office location that can be included with the sale. Company operates in and around the Atlanta airport.

Competition:
The company faces regional competition. However, existing relationships with international freight forwarders has produced consistent revenue year-in and year-out, even in challenging economic times.

Growth & Expansion:
The company’s existing relationships could be used to replicate operations around other major airports. This is a major opportunity for expansion.

Financing:
TBD if structure and terms are acceptable.

Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling:
The current owner wishes to pursue other opportunities and continue to spend much of his time with his family.