Details - Information last confirmed on December 22, 2020
This Northern California enterprise is a fully-vertically-integrated 3rd Party Logistics (3PL) service provider. They own and operate all aspects of the logistics, warehousing, distributions, fulfillment, and RMA work in one seamless operation. The knowledgeable, experienced, professional staff can handle any specific logistical requirements for a broad spectrum of commercial customers. They are available 24/7/365, for large or small, short- or long-term, simple or complex 3PL projects.
Logistics & Customs Clearing – Local, IntraState, InterState | LTL/FTL | B2B/B2C Delivery | Expedited Courier Service
Warehousing – 60,000+ sq. ft. of Warehouse & Racks | Inventory Management | Supply Chain Management | Online Tracking
Order Fulfillment – Assembling | Packaging | Distributing
RMA (Return Merchandise Administration) – Green Technology | Solar & Wind | Electronics | Consumer Goods | Semiconductors | Power Supplies | Medical Equipment ….
Electronics | I.T./Data Centers | Solar & Wind | Construction Materials | Automotive Supplies | Printing & Packaging | Medical Equipment | Garment Industry | Medical Labs | Consumer Goods ….
Minimize Inventory Errors & Losses | Minimize Costs and Time | Maximize Efficiency & Profit Margin | Knowledge, Reliability, & Trust | Best Price & Services
Sales exceed $2,000,000 annually, with Seller’s Discretionary Earnings (“SDE”) of approximately $410,000 (F/Y 2019). With the Covid-19 economic crisis, the company saw a 9.7% decline in sales for January through August. This is remarkably low when compared to so many businesses in general and demonstrates the company’s resilience and sustainability. Sales have now returned to pre-Covid levels.
The company employs 7 full-time (including the owner) and 5 part-time staff members, working in a 46,000 square feet warehouse, rented for $55,000 per month.
The asking price for the business is $2,000,000, approximately 1X annual sales and 5X SDE.
The transaction will be the sale and purchase of ALL the tangible and intangible assets of the business, except for accounts receivable, cash-on-hand, rent deposit, corporate entity, and corporation-owned vehicles. This will include but is not limited to business name(s) and logo(s), proprietary systems and procedures, website(s), phone number(s), email address(es), customer and supplier records and information, and warehouse furniture, fixtures, and equipment (“FFE”), racks, shelving, pallet jack(s), forklift(s). There are a few vehicles used in the business available for purchase at the current fair market value if the buyer chooses to do so. The seller will also retain and be liable for all accounts payable at the time of Closing.
More detailed data and the identity and location of the business are available upon signing the broker’s standard NDA/Confidentiality Agreement.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of appropriate qualified professionals prior to purchasing the Business.
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