Listings

Freight Forwarder Serving New York and New Jersey

Well Established, JFK-based freight forwarder with low client turnover

Poised for growth in a local market niche – Day 1 Operation

ACQUISITION OPPORTUNITY – ALBION CLIENT # 2255

EXECUTIVE SUMMARY

ESTABLISHED NEW YORK BASED FREIGHT FORWARDER

  • This 33-year-old company operates primarily as a Freight Forwarder located at the JFK International Airport servicing all New York and New Jersey airports and ports.
  • The Company has an excellent reputation due to its quality commitment to customers as reflected in its low client turnover, high service standards, depth of employee knowledge and retention, industry experience, and its ideally located facility.
  • The Company is profitable and well positioned for growth in their niche business, as well as other freight opportunities.
  • This is an excellent opportunity for a Buyer seeking to enter this growing local market and have a Day-1 established operation. The Buyer would be able to add a niche business segment and supplementary transportation services such as export air/ocean freight forwarding to its existing portfolio. It is also an excellent opportunity for a Buyer seeking to supplement its existing operations with additional Operational Revenues handled by experienced staff and acquire a Leader in a niche market.
  • Terms of Sale are negotiable, and the Owners would be seeking the continued employment with the
    existing staff.

 Income Statement Highlights – Fiscal Years ended December 31

2018 2019 2020 2021  2022 (9 Mo.)
Revenue: 5,291,889 6,095,253 5,834,267 6,047,325 4,4506,42
Gross Profits: 1,874,571 1,945,387 1,670,668 1,690,077 1,416,568
Recast EBITDA 161,932 152,137 (40,136) 182,555 295,569

 

Albion’s fees are paid by the Seller. For further information – A detailed, in-depth Confidential Business Profile is available to qualified Buyers upon presentation of references and subject to a single Confidentiality Agreement.  If you are interested in pursuing this acquisition opportunity, please contact Peter Santangelo, President, or Claire Goldenberg of Albion International Services Inc.