Profitable Last-Mile Logistics Company For Sale 1259

June 28, 2024
by an intermediary from Bucknell University in Santa Monica, CA, USA
Rooted in a deep understanding of the furniture industry’s logistical challenges, this company was founded to revolutionize delivery reliability and service quality. Originating from a previous venture, the company has grown into a prominent player in the logistics sector, specializing in white glove last-mile delivery services. With a strong foundation built on innovative problem-solving and customer-centric service, this business stands out for its sophisticated infrastructure and cutting-edge technology.
The Company excels in offering meticulous white glove delivery, secure warehousing, and efficient distribution services, meeting the growing demand for high-value and sensitive product deliveries. The company’s success is driven by strong communication, organization, and the implementation of the latest industry technologies. With a strategic vision to expand across the East Coast and eventually nationwide, this business is well-positioned for continued growth. Key investment considerations include robust transportation, advanced inventory management, superior customer service, and a commitment to meeting shipper demands. While challenges like the need for capital and expansion are present, the company’s strengths make it a formidable contender in the logistics market, poised for further success.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: Three (3) large warehouses in Elizabeth, New Jersey (60,000 sq ft) - Thomasville, North Carolina (30,000 sq ft) - and Orland, Florida (34,000 sq ft). The Company owns the warehouse in North Carolina.
Competition: The Company operates in a competitive marketplace, distinguished by its unique business model and superior service levels despite facing larger competitors like Ryder, Metropolitan, and JB Hunt. With a focus on high-quality service and cost-efficiency, the company aims to expand its terminal locations to further enhance its market position.
Growth & Expansion: The Company aims to increase sales by 10-15% in the coming months. To achieve long-term goals, the Buyer should participate in trade shows to network and stay updated with industry trends. In the ever-growing logistics industry, enhancing service levels, increasing terminal locations, and leveraging competitive pricing strategies are crucial. These actions will solidify the Company's market position and drive sustainable growth.
Financing: TBD if structure and terms are acceptable.
Support & Training: The Seller is willing to help with training the Buyer and assist with the transition of the Company for a period of four (4) weeks post-closing at approximately twenty (20) hours per week. Anything above and beyond this initial period is negotiable.
Reason for Selling: The Seller is looking to venture into other business opportunities and also take some time off to enjoy family life.
from Arizona State University in San Antonio, TX, USA