South New Jersey Fulfillment Center with Property and Buildings
Asking Price: | $1,780,000 |
Gross Revenue: | $756,885 |
Real Estate: | $1,380,000 |
Cash Flow: | $219,843 |
EBITDA: | $172,416 |
Established Year: | 2004 |
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.