Brokerage/Freight Forwarder for sale - Not Disclosed,California - Business for sale
A full service U.S. Customs brokerage & freight forwarder located at the U.S.-Mexico border. The Company provides a full range of services, including freight storage & handling, document preparation, customs clearance, & financial services. Revenues of approx. $1 M for the fiscal year 2005 ending March 31, 2006; running at $1.3 M for the first half of fiscal year 2006; already justified a fiscal year 2007 revenue projection of over $1.5 M. The Company employs two licensed U.S. Customs brokers on a staff with a combined total of over 70 yrs. experience. Their state-of-the-art computer systems, integrated with the U.S. Customs Service, permits rapid submission and receipt of documents. It should also enables the Company to secure additional customers, as these systems allow for error-free service substantially faster than that of competitors. Most of the Company’s major clients are U.S. or international businesses importing into the U.S. & exporting to Mexico.
Management projects continued underlying business growth of approximately 5% per year, excluding the acquisition of new customers. This estimate is based on continued steady growth at the border crossing resulting from the expansion of the U.S. Customs Service facility there and the recovery of Southern California’s economy.
Not Disclosed, California
Date posted: 4/3/2007
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