Freight Brokerage with $3m net profit

SOLD! This is a Freight Brokerage firm based in the Dallas/FTW Metroplex. The business is operated from the owner’s home, so the new owner may operate the business from any location of their choice.

The Brokerage was started by, and is operated by a husband and wife, as well as one outside commissioned independent Broker. The husband dominates the sales function with some assistance from his wife. She also manages the office and accounting functions of the company.

The Brokerage primarily works in the drybed sector, but also brokers small amounts of other load types. They utilize the latest state-of-the-art TrackR software for logistical management.

Since this is strictly a brokerage business, there are no assets or liabilities. The high-value asset of this company is the Customer Base. The Buyer of this business will purchase a long-term customer base of over fifty customers built over fifteen years in business that produces new orders hourly.

The owners will agree to remain onboard for an extended period of time to ensure a smooth and successful transition for customer retention. The new owner will be introduced to customers as a new partner brought in to assist with the growth of the business. This method usually ensures continuity until the new owner has made contact with all customers and is completely comfortable with managing the business. The current owner is very confident the company will retain all customers and is willing to escrow a small percentage of the purchase price so the new owner is assured of a successful seamless transition.

This is a business that is relatively easy to learn and manage. Of course some knowledge of the Brokerage business is beneficial, but not necessary in order to continue managing the business successfully. It will however require good interpersonal skills, organization skills, and a dedicated work ethic because it is busy all day, every day.

An NDA and financial statement with sufficient capital to finalize a transaction is required to receive additional information about this company. Please contact us for the NDA.

Down Payment: $6,950,000

Total Sales: $14,345,951

Cash Flow: $3,088,283

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $1,000

FFE Included: Yes

Inventory: N/A

Inventory Included: No

Year Established: 2008

Non-Owner Payroll: N/A

Absentee Owner: No

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Reason For Sale:

Retirement

Training & Support:

Seller will assist ownership transition