Contract Courier Company - Deliveries
www.GlobalBX.com
Listing ID:
700166746
Listing Title:
Contract Courier Company - Deliveries
Quick Link:
http://www.globalbx.com/listing.asp?bId=166746
Industry:
Business Services
Industry Segment:
Transportation – Airplane, Taxi, and Limousine
Country:
United States
State / Province:
Minnesota
Area
City:
Minneapolis
Asking Price Range:
< $250K
Gross Revenues:
$260,000
Cash Flow:
$95,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
1 - 3
Business Description:
Small company with 4 routes doing contract deliveries for two courier companies. Business has 2 dock trucks, a Sprinter & a cargo van. Both courier companies have over 20 years in business and keep the drivers very busy! This outfit was established in 2010 with one route and has grown to 4 rather quickly- owner has potential opportunity out of state in summer 2012 and wants to explore it. This is the perfect operation for an owner/operator and takes a small amount of oversight with the employees. Both courier companies pay every other week and offer daytime/ nighttime & weekend work if you'd like it. PL statement breakdown: Gross annualized revenues of $260,000. 3 drivers at $28,000/yr ($84,000), fuel expense of $65,000, Insurance $3,600 and phone $2,400. Net income (discretionary cash) $95,000. Asking $100,000; will finance with $25,000 down over 7 years at $1200/ mo. and I will lien the 4 vehicles.
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