Niche Courier and Delivery Transport Business
Asking Price: | $499,000 |
Gross Revenue: | $765,000 |
Established Year: | 1986 |
Cash Flow: | $95,000 |
FF&E: | $200,000 |
This niche transportation business provides a variety of specialty cartage &
courier services for a variety of industries. The company has a reliable fleet of
well-maintained delivery vehicles geared for its multi-industry customer base.
Subject business has an established longtime (high profit margin) contract
with the Federal Government. With a number of reliable employees, the
company had been reliably consistent and growing for many years except
during the ownership transition to a passive investor in 2019 and throughout
the subsequent COVID effect. Because the current owner has multiple
business interests, he does not oversee business operations, but instead
relies on driver employees to operate the business on his behalf. The optimal
buyer for this business is a company that could merge it into its own
established courier and cartage operations. It would be an exceptional add-on acquisition for such a company. The achievable “economies of scale” for
this type of Buyer could be substantial and with immediate positive impact to
the bottom line of the combined businesses. Subject business serves courier
and cartage needs in Fort Wayne, NE Indiana and nearby parts of Southern
Michigan.