SOLD-Relocatable Texas Freight Brokerage Business for Sale

SOLD ‘Q1 2024

Premier TX Freight Brokerage & Forwarding Company

Houston, TX (Harris County)

Seller Financing Available if the price and deal structure is right

Asking Price: Best Possible Offer

Cash Flow: $147,796

Gross Revenue: $1,367,573

EBITDA: N/A

FF&E: TBA

Inventory: N/A

Established: 2010

Employees: Owner +2 FT

Business Description:
The Company is a full-service logistics brokerage company that is licensed as both a freight broker and freight forwarder under the USMCA….and can be run completely virtually!
With a cutting edge website already in place and a strong network of carriers and customers, with a new owner looking to break into the business or an established company looking for an additional brand or coverages, this business is turn-key and ready to grow.
Highlights

• Business Name: Upon accepted LOI
• Type of Entity: LLC
• Date and State Incorporated: 2010 in Texas
• Address: Houston, TX Metro
• Year Established: + 12
• Operating Hours: Monday – Friday from 9 AM-5 PM CST
• Asking Price: Best Offer
• Inventory: Minimum
• Earn-out/Seller Financing Terms willing to offer? Yes
• Non-compete: 2 years, continental USA is covered
• Reason for selling: spend more time on other business interests
• $1,367,573.20 Adjusted/Recast Revenue in 2022
• $147, 795.55 Adjusted/Adjusted EBITDA in 2022
• Contract available with GlobalTranz for LTL shipments if Buyer so desires
• Lease/Real Estate: Yes Required: No
• Negotiable period of training/transition consulting at no cost
• Consulting agreement: Yes, negotiable

The Seller also has another business where he wants to shift his focus, and so he is 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: MTM/$1000 a month. Not required to run the business.

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

Growth & Expansion:
Add brokers, then repeat!

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:
Other business interests.