Thursday, 1 February 2018

Logistics and Transportation ( South US)



Business Description:
This national over the road transportation logistics and asset based LTL & FTL freight carrier, a 3PL (third-party logistics), is a provider of outsourced logistics services. Logistic services encompass anything that involves management of the way resources are moved to the areas where they are required.   The Company also has several different trucks supporting its businesses including LTL, FTL, refrigerated freight, flatbed and dry van freight.  While the logistics business and the asset based business have been operating separately they are being sold together.

The company’s growth has stayed ahead of the lagging regional economy in which it resides.  The business has developed a great reputation and has many trusted relationships with an assortment of high quality customers.  Also, the company has been able to grow despite its limited investment in advertising. This position lends itself to serious growth opportunities through upgrades in its websites, adding agent programs etc.

The Transaction:
The owner is a veteran in the transportation / logistics industry.  He desires a change of pace and has two other businesses that he would like to spend more time managing.  He is open to working with a buyer to ensure a smooth transition post-closing.

Financial Information:


Financial Summary (in 000s)

2016 Est’d by Seller
2015
2014
2013
Revenue
9,000
8,466
7,921
5041
Adjusted EBITDA
1,200
1,151
705
347

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
South
Reviewed
Yes
5
3715, 4213


  
Direct All Inquiries to:

Gottesman Company
Refer to: S-1700-1 MAP
Tel: 212-330-8010     Fax: 646-434-4557