The Company is a commercial warehouse and local trucking company. The Company’s main service offerings are warehouse storage, transloading, cross-docking, and local same-day delivery to its regional clients. The Company has been in operation for over 30 years and is experienced at providing reliable solutions to its clients.
Key Aspects
• Revenue increased by a compounded annual growth rate (CAGR) of 41.4% from 2021 to the trailing twelve months (TTM) ending June 30, 2023
• Strategic location near a major water source, an airport, and a large city provide a high level of local demand for services and logistical advantages
• No debt on the balance sheet has allowed for strong free cash flow and the ability to reinvest earnings into the business
Opportunities
• Expand geographic range of trucking services
• Install fencing and outdoor infrastructure to better utilize the external storage space of the facility
• Develop an innovative marketing plan to increase brand awareness both locally and nationwide
• Capitalize on growing e-commerce and globalization trends as more freight is being shipped internationally
Headquartered
• Ohio
Current Markets
• The Company primarily serves non-profit, manufacturing, and packaging & shipping companies in need of domestic and international shipping, receiving, and storing services
Real Estate
• The Company operates from an 80,000 sq. ft. facility and a 40,000 sq. ft. facility
• Both facilities are leased from unrelated third parties and are located in strategic logistical regions in Ohio
Shareholder Objectives
• The Company is fully owned by a single shareholder who is seeking retirement
• The owner is open to various deal structures and is willing to remain with the Company for a transition period