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Business for sale in California
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| Company Details: | BIR Business Brokers |
| Agent Detail: | Peter Kho |
3PL Logistics/Distribution
Advert Id : 24322
Location: California
-Los Angeles County
Category: Transport
Financial summary
Asking Price: 8,000,000.00
Sales revenue: 14,000,000
Net profit: 1,200,000.00
Furniture/Fixtures value: 30,000.00
Inventory/Stock value: Undisclosed
Sales revenue: 14,000,000
Net profit: 1,200,000.00
Furniture/Fixtures value: 30,000.00
Inventory/Stock value: Undisclosed
Business description
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This is an established logistics, fulfillment, customs brokerage, and transportation operation. The current owners have been involved for more than 25 years and built up a solid business model based on the complete logistics concept as a brand. It has earned a reputation as the most reliable and trusted provider of cargo services in the industry. The company has engaged in the movement of cargo from clothing to construction equipment, race horses to Formula One cars, and power plant turbines to the set of an entire Hollywood production. Certified as an IATA Freight Forwarder, Bonded Ocean Carrier (NVOCC), Licensed US Customs Broker and DHS, it provides the following services, - Sea Freight for Full Container Loads (FCL), Less Than Container Loads (LCL) and Breakbulk/Out-of-Gauge - Air Freight for First Flight Out (FFO), Express Collection of cargo to Airport and Aircraft charters - Clearance & Distribution for Single consignee shipments, Multiple consignee shipments and ATA Carnets & Re-Exports - Warehousing for In House packing & Crating, Re-labeling/Sterilization and Storage & Distribution - Project Handling for Complete co-ordination with chosen suppliers, Packing/Labeling/Inspection and Flexible tracking & reporting system - Entertainment Industry specialists for the movement of props, sets, films and equipment - Worldwide distribution Location: The business is located in the Inglewood Area near the Los Angeles International airport. It operates out of its own 20,000 sq ft two story building in an acre lot with 6 loading docks of 18 ft minimum clear ceiling height. The access to the 405 and LAX is in close proximity. Organization: The entity is organized as a C-Corporation. It was established in 1987 and the current owners have been active since then. It employs 27 full time employees and the annual payroll is 1 million. Licenses required for operation: Business, Customs, DHS and Bonded Reason for Sale: Other Businesses Interests Asking Price: 8 million including Land & Building Financials Gross Sales: 1.1 million/month Net Profit: 83,333 /month Annual Net Profit: 1 million FF&E: 30,000 Property Information Land Size: 1 acre Two story Building Size: 20,000 sq ft Office space: 12,000 sq ft Warehouse: 8000 sq ft Year Built: 1970. |
| Call Peter Kho (Agent) at 323-610-7990 or 310-316-3316 X108 Email: peterskho@gmail.com |
General Information
Years established: 1987
Employees: 27
Employees: 27
Other Information
Expansion: YesSupport Traning: Seller will train and stay on under contract for a smooth transition
Reason Selling: Other Business Interests
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