Logistics company operating nationwide with 8 Mercedes Benz Sprinter vans. The company is specialized in handling urgent shipments. It has all the operating licenses, including the USDOT. The cargo is assigned to the company by brokers affiliated with the "Selectus" logistics platform. Uses the "Life360" system to control the drivers' whereabouts. The firm has a leased office-warehouse in Chicago, Illinois for cargo transfer and distribution. The cargo is operated by two external controllers paid by commissions over gross sales. The controllers are in charge of managing cargo and administrative procedures. The brokers are in charge of billing their clients for the freight service and paying the carriers within 30-90 days. For this reason, the company uses "factoring" to discount the invoices for a commission of 2.5% and collect on the same day. The operation of the company is controlled by the owner from his cell phone without the help of other auxiliary personnel. He enjoys plenty of time available for rest and recreation. The owner wants to sell because he wants to get involved in agricultural activities in Central Florida.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.