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Freight Forwarder for Sale in Doha, Qatar

For sale: Sports & events logistics and last-mile delivery with over 10,000 deliveries a month.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.7 million
Run Rate Sales USD 3.3 million
EBITDA Margin 25 %
Industries Freight Forwarder
Locations  Doha
Local Time 10:26 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: QAR 7,000,000)
Reason: The owner is starting a new venture.
Includes physical assets worth USD 250 thousand
Interested to connect with advisors
Documents
Company Profile
Business Award
IATA Certificate
CR Copy
Tax Card
Computer Card
Trade License
Business Overview

- IATA-certified freight forwarding & cargo agent.

- The company has in-depth experience in handling sports & events logistics including arranging charter flights, on-site cargo handling, etc, and has worked on previous world championships like Moto GP, superbikes, FIM class 3 boat races, aqua bike championships, Qatar International & Baja Rallies, and opening ceremonies of new FIFA stadiums. etc.

- In addition, we have a fleet of 25 drivers motorcycles & cars to handle last-mile delivery for various brands.

- Cater an average of 8,000 to 10,000 deliveries a month.

- We are an agent and have a Civil Aviation license for air cargo handling, warehouse facilities, and classification certificates from the ministry.

- Have constant growth rate for last 3 years stalling at around QAR 10 million in sales revenue. However, we have increased our staff strength by 50% in spite of the pandemic as we focused on building the last mile division and this has been growing consistently, and are hoping by end of this year the volumes to double up per month.

- The added advantage of this business is the cash flow as we handle “Cash on delivery” collections on a daily basis wherein the cash turnover on weekly basis is above QAR ½ Million.

- Other divisions like personal goods air exports to India, Sri Lanka, Ethiopia, Nepal, etc are also growing steadily wherein we handle approx. 20 tons per month.

- We also have a huge customer database with contact numbers/emails that can be extracted from our system which can be easily more than 100,000+ per year.

- In a nutshell, this company has huge potential to grow if the right investors come by.

- Company has 2 directors and has no loans or liabilities.

Products & Services Overview

Air freight cargo services, freight forwarding services, personal HHG services, warehousing services, transport services, last-mile delivery services, and project & events cargo services.

Assets Overview

Tangible- office furniture, office decor, computer accessories, vehicles, warehouse equipment like forklifts, pallet jacks, petty cash & bank balance.

Intangible- brand, license, and registration.

Facilities Overview

- Office space of 143 square meters leased with a monthly rent of QAR 15,000.

- Warehouse space of 1,500 square meters leased with a monthly rent of QAR 35,000.

- The lease has to be renewed every 3 years and 1.5 years is remaining to renew.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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