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Marine Cargo Freight Business For Sale

Miami, Florida, United States
$ 5,250,000
(Furniture / Fixtures and Inventory / Stock included)
Revenue: $ 3,329,333 Cash Flow: $ 703,105
Listing ID: 118495 Reference ID:
Business Information
Marine Cargo Freight business. Container Logistics Company. Business functions under a non-asset based model, through its long term service relationships with major ocean carriers it offers Port to Door container logistics at highly competitive rates. It hires independent truckers to deliver the containers from PortMiami and Port Everglades to the eastern states up through Pennsylvania.
Also included in the sale is a wood pallet fabrication and resale business.
Property Details
FF&E Value:
180000.00
Inventory Value:
15000.00
Other Details
Premise Details:
Real Estate included; 29654 sq ft fenced lot in NW Miami, with 2680 sq ft 2 story building/warehouse and 2 covered work areas
Competition:
Business is a DOT approved Bonded Carrier for regular and HazMat cargo. It is permited by the PortMiami and Port Everglades to handle containers. The present Port permiting requirements hinder the entrance of new competition.
Expansion Potential:
This business will grow with good service to present customers and the planned "Deep Dredge" of the shipping channel. Miami-Dade County is presently in the contracting phase of its project to deepen PortMiami's channel to minus 50 feet, and has begun with the solicitation of bids by the U.S. Army Corps of Engineers. Construction is scheduled to begin in early 2013 and be completed in time for the opening of the expanded Panama Canal. The deepening of the channel is expected to double cargo throughput.
Operation Details
Employees:
5
Support & Training:
Owners will consider any reasonable arrangement to ensure the successfull continuity of relationship with shipping companies.
Miscellaneous
Reason For Selling:
Owners retiring
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