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Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Contract Courier Company - Deliveries

Location  Minnesota,United States
Asking Price Range  < $250K
Gross Revenues  $260000
Net Profit / Cash Flow  $95000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  1 - 3
Inventory  35000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes, 40 hours.
Reason for Sale  Potential out of state opportunity.
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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