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#Business ID: 10694

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Profitable Freight Forwarding Business, Easily Relocatable Delhi / NCR

Business Location: New Delhi, Delhi, India

Asking Price: BUSINESS SOLD Revenue: $ 2,700,000 Cash Flow: $ 0 to 100k

Business Summary

It is a highly profitable and steady freight forwarding business. Name and other details will be disclosed later. major USP of this business are as follows -

(1) a team of 7-8 people, all contacts/people based business so can be relocated anywhere in Delhi/NCR
(2) set clients and agents. healthy debtor/creditor ratio of 1.2:1
(3) steady turnover of 12-15 cr. of freight forwarding division for past couple of years.
(4) high gross profit ratio of 10-12%
(5) very decent net profit ratio of 5-6%
(6) only real expense of business is employee salaries. rest a very asset-light/no-asset business.
(7) good team, steady with company for almost 5-years now.
(8) almost like a self-running business. only requires macro-management and investment to grow.

Main reason for selling is that the growth is stuck and i am unable to scale within current financials. It requires somebody with deeper pockets to really grow beyond current numbers.

Property Details

Years Established:

2005

Other Business Details

Business Location:

business is relocatable, currently operating from my own premises and can continue to operate from same premises for another 3-months after sale is completed, for the transition period.

Competition:

competitive industry, though business we secure on month-on-month basis is fairly secure

Expansion Potential:

very very high. at present we are in arm's distance of getting annual business of around 12-cr. but we do not have requisite working capital.

Planning Consent:

family owned ownership structure and company has several other business concerns, so instead of transferring shares of this company - we will do a sale of SBU. sit and discuss aspect.

Business Operation Details

Employees:

30+ (SBU under selling has 8 employees)

Trading Hours:

9.30 - 6.30

Support & Training:

4-months, I will personally remain at helm of affairs without any compensation. and will ensure smooth transfer of everything including introduction with major customers, agents etc.

Relocatable:

Business Relocatable

Miscellaneous Details

Financing Available:

Yes
how we will have to sit and discuss

Reason For Selling:

i have limited investment capabilities. The business does not require any capital investment as such, but working capital can be stretched to expand the business and get new customers as normally customer payment cycle is 45-60 days while supplier payment cycle is 30-45 days. another reason - owner is more keen to make it big in food business. already running a profitable restro-bar and setting up another one over next few months.

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