ShipMonk

ShipMonk doing ~$84M in revenue as a 3PL

While researching the warehouse idea live, Sam finds that 3PL company ShipMonk does roughly $84 million in revenue, and Shaan guesses they could be doing around $15 million a year in EBITDA after people costs and leases.

“So what you were describing earlier is called ShipMonk. Do you know what they, I mean, they are a company in that they're a 3PL. Yeah. And I don't know if this is crazy profitable, but I do know it's very expensive for a customer. And according to just a quick Google search, they do something like $84 million in revenue.”