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ABSENTEE OWNER SAME DAY EXPEDITED DELIVERY COMPANY - SC2104


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ABSENTEE OWNER SAME DAY EXPEDITED DELIVERY COMPANY - SC2104

Financial Information

  • Asking Price: $4,250,000
  • Cash Flow: $745,725
  • Gross Revenue: $2,110,940
  • Down Payment: NEGOTIABLE
  • Financing: Yes
  • FFE (Included): $25,000
  • Inventory: N/A

Business Location

  • Northern California

Business Description

This California-based Expedited Delivery Service Company is a California Sub-Chapter S Corporation and was established in 2013 and remains under the current founders’ leadership. This company specializes in Same Day, Last Mile Delivery, and the most on-demand time-sensitive needs. They deliver your envelope or truckload…now and on time or its FREE! This company’s services encompass air services, a logistics program, distribution and warehousing, fulfillment, facilities, and fleet management. Their happy and loyal fleet of drivers and agents coupled with a convenient online ordering and tracking system gives them an on-time performance average of 98.7%. They offer 3 levels of service: Regular Same Day Service, Rush Service, and Direct-Drive Service. They offer medical courier, legal courier, animal transportation, life sciences, and concierge services. They cover business-to-business as well as business-to-consumer. They use roughly 75 independent contractors for delivery services.

Market Outlook/Competition

One of the most valuable assets of this organization is the integration with a very large delivery service organization. For the past 10 years, they have built a cohesive and integrated software that allows for integration into this organization’s systems, providing exceptional last-mile delivery service for them. They were providing delivery services in Northern California for this company and recently were awarded the Southern California territory in a multi-year contract, which will easily double their numbers.
 

Support & Training

The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in the purchase price at mutually agreed to terms between the Buyer and Seller.
 

Financing Comments

Sellers are willing to carry a note for part of the purchase of the business. The amount financed and terms will be dependent upon the purchase price of the business and the quality of the Buyer.

 

Reason for Selling
Sellers are looking to retire.

 

Detailed information

  • Year Established: 2012
  • Home-Based: No
  • Franchise: No
  • Relocatable: Yes
  • Required Licenses: 
  • Is Property Leased: No
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: N/A
  • Full-time Employees: 1

 

Broker: ProEquity Asset Management Corporation License ID: 01870526



Listed By: Adriana Sargent

Background information

Reference:

SC2104

Year established:

2012

Reason selling:

Sellers are looking to retire.

Operations

Employees:

Part-time Employees: 1 Full-time Employees: N/A

Equipment:

Upon Request

Inventory:

N/A

Premises

Facility:

The business operates from an out of country call center that has approximately 8 Customer Service Representatives and this is outsourced to a dedicated organization that provides call center and logistics services. The center has only one client, this company. They pay approximately $9,500 per month to this business which covers salaries for the Customer Service Representatives, rent, utilities, etc.

Square footage:

N/A

Rent and lease terms:

N/A

Location:

Northern California

Opportunities

Growth:

They were providing delivery services in Northern California for this company, and recently were awarded the Southern California territory in a multi-year contract, which will easily double their numbers.

Market:

One of the most valuable assets of this organization is the integration with a very large delivery service organization. For the past 10 years, they have built a cohesive and integrated software that allows for integration into this organization’s systems, providing exceptional last mile delivery service for them.

Price and terms

Price:

$4,250,000

Financing:

Sellers are willing to carry a note for part of the purchase of the business. The amount financed and terms will be dependent upon the purchase price of the business and the quality of the Buyer.

Training:

The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.