South New Jersey Fulfillment Center with Property and Buildings

New Jersey
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Asking Price:$1,780,000
Gross Revenue:$756,885
Real Estate:$1,380,000
Cash Flow:$219,843
EBITDA:$172,416
Established Year:2004
BUSINESS DESCRIPTION

This business is a third party logistics provider in southern New Jersey. It provides warehousing and shipping services to e-tailers, mail order houses, eBay and Amazon sellers and wholesale distributors serving the consumer and business market places.

The business is family owned and operated by the principal owner. The business owns the land and building which it operates out of and these are for sale together as a package. The asking price for the business is $400,000 and for the property it is $1,380,000; total asking price is $1,738,000.

The companies goal is to help its customers increase profitability by reducing fulfillment costs and allowing them to focus on sales and marketing. It caters to the growing company for whom the outsourcing of order fulfillment represents the next step in their growth; the company recognizes its responsibility for maintaining the reputations its' customers have worked so hard to develop.

Since 2001 annual sales have averaged $831,000. Over the same period, EBITDA averaged $193,000 and Seller's Discretionary Earnings (SDE) averaged $261,000. There are currently fourteen different customers; several have been there for over ten years while others are new relationships.


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
5
Facilities
This is a class 4B industrial / warehouse structure on a 4.51 acre lot area with 470 feet of street frontage. The buildings contain a total gross area of 30,784 sf which consists of three separate but conjoined single-story wood frame structures on concrete floors. The land and building were appraised in July 2024 at $1,380,000.
Support & Training
Four week training and transition period, upto 30 hours per week. May be a combination of in-person and virtual.
Reason for Selling
Retirement
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Edward
Sadler
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Edward Sadler