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Description

OFF-MARKET ‘Q4 2024

Premier LA County Freight International Forwarder

Los Angeles, CA Metro (Los Angeles County)

Seller Financing Available if the price and deal structure is right

Asking Price: Best Possible Offer

Cash Flow: $2,126,533

Gross Revenue: $32,582,731

EBITDA: $2,126,533

FF&E: TBA

Inventory: NA

Established: 2005

Employees: Owners (3) + 19 in management/back-office

Business Description:
The Company is a full-service international licensed as both a freight forwarder and NVOCC.
With a cutting-edge website and technologies already in place, elite ocean freight partners and a strong network of carriers and customers, this business is turn-key and ready to grow for Its next owner!

Highlights

• The business was registered as a California C-Corporation in 2005
• Three (same family) owners own 100% of the stock/will transfer 100% interest on sale
• Non-compete: retirement and to spend more time on other business interests
• $32,582,731.31 in Revenue in 2022
• $7,560,374.81 Gross Profit in 2022
• Specialty: Ocean Freight, Air Freight Import/Export
• Lease/Real Estate: Yes, 2 leased locations
• 2022 Real Estate Expense: $446,040.51
• Easy access to Ports of Los Angeles/Long Beach
• 60K Sq. Ft. Warehouse w/dedicated office space
• 19 management/back-office employees
• $2,044,201.77 Total Payroll in 2022
• $1,351,900 Total Key Employee Payroll in 2022
• Negotiable period of training/transition consulting at no cost
• Non-compete: 2 years/negotiable
• Consulting agreement: Yes, negotiable
• Earn-out/owner financing: Possible
• Consulting agreement: Yes, negotiable

The Sellers are retiring and looking for the right buyer to take what he has built and to grow it to the next level. Confidentiality is a concern for the Seller as he seeks just the right buyer, and so the location information provided in the ad is that of the broker, and not of the Business. Business location and name will be shared once a qualified Buyer prospect is vetted. NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
Leased: Detailed information on leases available.

Competition:
Like opportunity, competition is intense and plentiful in the logistics business!

Growth & Expansion:
For a company with the right resources looking to expand their presence in the APAC and LATAM markets, the sky truly is the limit!

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:
Retirement.

Contact info

Pronova Partners

Inquire about this property

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