Description of the business for sale
This listing is for a unique transportation consulting firm, located in Chicago, that is available to a qualified buyer. The firm’s project work covers all modes and all functional areas of domestic and international transportation and logistics, including strategic planning, supply chain planning, industrial development, transportation operations, transportation management, asset utilization, costing and regulatory costing. Clients include carriers, Fortune 500 companies that are purchasers of transportation, and the firm provides expert testimony for law firms. Work is performed in the United States and Canada, and the firm performed a major project in China. This business has a base of retainer clients that account for 28% of revenues, and a solid base of clients that are repeat customers (31%). Assets are in place and ready for transfer, including some intellectual property. The firm has developed unique analytical processes and software that are used on client projects, and the software is marketed under licensing agreements. The cost model was developed by HIGHROAD for calculation of rail costs for Class I railroads, for single car or multiple car shipment moving in manifest train service. Costs are based on data reported by the railroads to government agencies and are carrier specific for U. S. and Canadian railroads. A truck costing model is currently being developed and should be ready to market in 2008. This is a profitable business with low overhead that has been u
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Support / Training provided by seller
Owner intends to stay on and grow the business
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Description of the facilities
Assets to be transferred with the sale of the business:
Furniture and Fixtures: $2,385
Equipment: $22,930
Software: $200,000
Total Assets:
$225,315
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