3PL Logistics Distribution Customs Brokerage In Inglewood For Sale

Business description

Background:

This is an established logistics, fulfillment, customs brokerage, and transportation operation. The current owners have been involved for more than 23 years and built up a solid business model based on the total transportation concept as a brand.

It has earned a reputation as the most reliable and trusted provider of cargo services in the industry.
The company has engaged in the movement of cargo from clothing to construction equipment, race horses to Formula One cars, and power plant turbines to the set of an entire Hollywood production.

Certified as an IATA Freight Forwarder, Bonded Ocean Carrier (NVOCC), Licensed US Customs Broker and DHS, it provides the following services,
- Sea Freight for Full Container Loads (FCL), Less Than Container Loads (LCL) and Breakbulk/Out-of-Gauge
- Air Freight for First Flight Out (FFO), Express Collection of cargo to Airport and Aircraft charters
- Clearance & Distribution for Single consignee shipments, Multiple consignee shipments and ATA Carnets & Re-Exports
- Warehousing for In House packing & Crating, Re-labeling/Sterilization and Storage & Distribution
- Project Handling for Complete co-ordination with chosen suppliers, Packing/Labeling/Inspection and Flexible tracking & reporting system
- Entertainment Industry specialists for the movement of props, sets, films and equipment
- Worldwide distribution


Location:

The business is located in the Inglewood Area near the Los Angeles International airport. It operates out of its own 20,000 sq ft two story building in an acre lot with 6 loading docks of 18 ft minimum clear ceiling height.

The access to the 405 and LAX is in close proximity.


Organization:

The entity is organized as a C-Corporation. It was established in 1987 and the current owners have been active since then. It employs 18 full time employees and the annual payroll is $1 million.
Licenses required for operation: Business, Customs, DHS and Bonded


Reason for Sale: Other Businesses Interests


Asking Price: $8 million including Land & Building


Financials
Gross Sales: $1.1 million/month
Net Profit: $83,333 /month
Annual Net Profit: $1 million
FF&E: $30,000

Property Information
Land Size: 1 acre
Two story Building Size: 20,000 sq ft
Office space: 12,000 sq ft
Warehouse: 8000 sq ft
Year Built: 1970


For More Information contact:

Peter Kho below

Property information

Real Estate:

Real Property Included

Location:

Near the LAX

Size in square feet:

1 acre 20,000 sq ft 2 story building

Other information

Support & training:

Management and owner will train and owner will stay on for smooth transition under contract

Reasons for selling:

Other business interests