ListingsCustoms Clearance

Albion Client 2412

EXECUTIVE SUMMARY

  • Albion Mergers and Acquisitions proudly presents a distinguished company with a rich history and a robust service offering. Established in 1968, this company has navigated through various changes in ownership and was ultimately acquired by the current proprietors in 2017.
  • The company’s commitment to excellence is reflected in its reliance on word-of-mouth referrals, a testament to its exceptional service and user-friendly software platform. With a nationwide operation, it serves a diverse clientele of freight forwarders and customs brokers, from large corporations to smaller businesses, all of whom are recognized for their prompt payments and trust in the company’s services.

Core Services

Customs Pre-File Clearance
Remote Location Filing- (RLF)
Border Crossing Entries
Clearance for Carnet, TIB, Warehouse, FTZ
FDA Clearance: Food, Medical Devices, Pharmaceuticals
FDA Prior Notification

Company Overview

  • Establishment and Ownership: Founded in 1968, the company experienced changes in ownership, ultimately being acquired by the current owners in 2017.
  • Services Offered: Specializes in customs brokerage services, providing customs clearance, cargo delivery, track & trace, payment of fees, and surety bonds.
  • Milestones and Achievements: Pioneered as the first broker in the Port of Chicago to achieve ABI certification and tested the ABI program for US Customs.
  • Customer Satisfaction and Referral System: Relies solely on word-of-mouth referrals due to its reputation for exceptional service and intuitive software platform.
  • Market Reach and Clientele: Operates nationwide, catering to a diverse clientele of freight forwarders and customs brokers, ranging from large corporations to smaller businesses, all recognized for their prompt payments.

Key Metrics

Item Amount
2023 Revenue $46,154,562
2023 Adj EBITDA $1,303,619
2022 Revenue $79,771,610
2022 Adj EBITDA $2,362,484
2021 Revenue $58,257,953
2021 Adj EBITDA $1,007,967

 

Investment Merits

  • Stable Industry Position: The company holds a prominent position in the customs brokerage industry with a long history of operations since 1968, indicating resilience and stability.
  • Strong Revenue Streams: With a diversified portfolio of services including customs clearance, cargo delivery, and surety bonds, the business enjoys consistent revenue streams without significant seasonality.
  • High Customer Satisfaction: Renowned for its top-notch service and reliance on word-of-mouth referrals, the company boasts a loyal customer base, with promise of continued business growth and stability.
  • Geographic Market Reach: Serving clients across the United States, the company benefits from a wide geographic market reach, tapping into various regions and industries for sustained growth opportunities.
  • Scalability and Growth Potential: The business has identified opportunities for expansion, particularly through dedicated sales efforts and targeting direct import clients, indicating potential for increased market share and profitability.