Transportation and storage
Opportunity to buy a rail freight and bulk transfer logistics company with four locations in Pennsylvania & New York.
This is a great recession-resistant, Covid-19 resistant, essential business with a strong financial performance. Operating for over 2 decades, this group of companies provides railroad terminal operation of transportation of goods and raw materials from suppliers to businesses and delivering finished products to the end customers. Also, it performs clerical and inspection work, maintenance, and repair of equipment. It transloads quartz sand, swamp mats, propane, non-hazardous waste, hazardous materials, and agricultural products. The long list of customers includes transportation providers, oil/gas companies, the Department of transportation, the energy and agriculture sector, and plastics & lumber customers. There is a total of 36 tenured staff. The owner is selling due to his retirement is retired and has a daughter who will stay on as General Manager for over 5 years.
Corporate offices are in Pennsylvania. Also, there is an intermodal terminal operation in PA and a bulk transload facility in NY. One more company is a rail facility in PA with a certified fleet of vehicles and many conveyers.
This business is positioned for growth. Adding one more terminal, increasing commodities, and residual waste removal services and expanding into new territories are just several ways to significantly grow incomes.