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Courier And Freight Service Company For Sale
Location British Columbia,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $2651374
Net Profit / Cash Flow $167929
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Retirement.
Description Located in northern British Columbia, Canada, this is a fantastic opportunity for a buyer looking for a solid cash flow in a low risk industry. This 31 year old, established and proven small business for sale in the courier and freight services sector, is ripe for new ownership. Maintaining a long-standing, excellent reputation, this small business serves a 250 mile radius from the hub and could enjoy numerous opportunities for expansion and growth. Serving over 400 clients, this business' customer base is loyal and broad with a high occurrence of repeat contracts. The Assistant General Manager has a 31-year history with the business, and is willing to stay and contribute to its continued success. The new owner will be taking over a small business with a solid group of fully qualified contract drivers and a fleet of highly maintained vehicles. This is a well-known company with long-term clientele and an excellent standing in its region. Serving nearly every economic sector, this industry's revenue is forecasted to rise over the next five years. With its current owners seeking retirement, this courier services and freight trucking business is ready to move to the next level.
The free cash flow in the business is over $300,000 per year. The price of the business including the required working capital of $50,000 is $495,000 with a payback of 1.5 years.
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