Gateway GHB, Denver Customs Broker Business SOLD
Diverse Customer Base – Fully Automated – Continuously Profitable
ACQUISITION OPPORTUNITY – SOLD NOVEMBER 2023
EXECUTIVE SUMMARY
This 21-year-old company operates as a Denver, CO., based Customs Brokerage Company. The sole owner completed a management buyout from the Company’s original owner 14 years ago.
The Company has an excellent reputation due to its quality commitment to customers as reflected in its low client turnover, high service standards, depth of employee knowledge, industry experience, and its ideally located facility.
The Company has been continuously profitable and is fully automated and licensed.
This is an excellent opportunity for a Buyer seeking to enter this growing local market and have a turn-key customs brokerage operation, or to add an additional location in their existing network where the Buyer would benefit Seller’s operational efficiencies to gain additional profits for their existing offices.
The Company enjoys a diverse customer base that includes 12 customers consisting of 57% of the Company’s Gross Profit in 2022.
Not dependent on any one customer!
Terms of Sale are negotiable, and the Owner would like to remain with the Company under the right circumstances for another 3 or 4 more years and would be seeking the continued employment of existing staff.
Income Statement Highlights – Fiscal Years ended December 31 – $000’s
| 2020 | 2021 | 2022 | ||
| Revenue | 8,055.2 | 12,656.80 | 13506.7 | |
| Gross Profit |
349.60 | 349.80 | 426.20 | |
|
Recast EBITA |
104.60 | 98.80 | 139.8 |
Albion’s fees are paid by the Seller.
For further information – A detailed, in-depth Confidential Business Profile is available to qualified Buyers upon presentation of references and subject to a single Confidentiality Agreement. If you are interested in pursuing this acquisition opportunity, please contact Peter Santangelo, President, or Claire Goldenberg.