3PL and Warehousing Provider Inland Empire
ServiceFor Sale in Rancho Cucamonga, CA
Financial & Assets Details
About the Business
The Company is a 3PL or third-party logistics company that specializes in warehousing and inventory control and shipping and receiving. A large portion of its customers are on the East Coast, and they serve as their West Coast warehousing and distribution.
The Company has about 80,000 square feet of a leased building in a very desirable part of the Inland Empire, California. Its customer products are anything from gun safes to steel strapping and pizza sheets for dough, plus much more. It has a 24-year long relationship with many of its customers who have been with the Company almost as long.
The Company has an inventory program that controls its customer’s inventory and manages to keep a physical count on all products. It has 12 dock doors where products are scheduled for shipping and receiving daily based on orders from customers. The Company also prepares bills of lading, calls in carriers and does the product loading, keeping track of customer monthly inventory statements.
The business is staffed with a Warehouse Manager who is responsible for overseeing the warehouse workers and also has a few accounts that he handles, an Office Manager who is responsible for accounts payables, accounts receivables and payroll, and also handles customer service and human resources. There is also warehouse personnel responsible for pulling orders and loading and unloading trucks and flatbeds.
The Business has great potential for growth. The new owner can grow as big as they can imagine even expanding to a larger sized building after the lease is up. The owner has turned down accounts because he has kept the business right where he has wanted, with the employees and size of the building. The owner stopped doing sales a long time ago because his building has continued to stay full and profitable year after year.
Company & Market Highlights
- Started by the Company founder in 1998 and has experienced consistent growth and profitability since.
- Company has an established management structure that can operate independently of the Company owner.
- Company operates smoothly with only a handful of employees. We are small but mighty.
- Company has longevity with it’s customers, most for over 20 years.
- Company replaces all of your warehouse needs.
The buyer will inherit:
- A strong respected brand with strong visibility among industry professionals.
- A leading reputation for service. Over its many years in business, the Company has established a stellar reputation for integrity, superior service, and genuine concern for its clients and their businesses.
- Potential for rapid growth on top of present customer base. A new owner can bring fresh energy and enthusiasm to the company. The Company enjoys a strong base. Expansion will likely lead to rapid growth given that the new owner can focus on growth while relying on the stable established base, as opposed to having to focus on both stability and growth simultaneously.
- No debt or other long-term financial, union, or legal complications
- Net profit over 20% in profits year in year out.
- Established internal operational systems and processes
- Strong relationships with suppliers, vendors, and professionals.
Operators in the Transportation and Warehousing sector are key to the United States economy, transporting freight, commodities and passengers using trucks, trains, pipelines, ships and aircraft. The sector also includes transportation facilities operators, such as port and warehouse owners, and logistics service providers, such as freight forwarders. As the sector moves most goods and passengers in the US, its performance follows that of the overall economy. Sector revenue has fallen at an annualized rate of 0.2% to just short of $1.3 trillion over the five years to 2021, hampered by an 18.1% decline in 2020. Sector revenue is expected to rise 8.8% in 2021 as the US and global economies recover. Sector revenue is expected to climb an annualized 4.2% to nearly $1.6 trillion over the five years to 2026. Renewed growth in consumer spending, manufacturing output and trade should drive sector performance. Increasing online sales and supply chain complexity will also likely keep demand for innovative logistics and courier services high.
Growth & Expansion
Reason for Selling:
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