Top Ranked Privately Held Same Day Courier Service in Major SE Market

Georgia

Seller Financing Available

Cash Flow:	$564,873
Rent:	$7,867/Month
Established Year:	1982

Gross Revenue:	$3,046,281
FF&E:	$128,763

Listing ID: 2151079Listing provided by BizBuySell

BUSINESS DESCRIPTION

Top ranked courier business in major market

Servicing the time-critical transportation market in the Southeast for clients across North America and Europe and does not have a physical presence there. Most of its clients (air forwarders, international couriers, 3PL providers) are located in other states or countries and utilize this company for their expedited ground service in the region.

The business has flourished due to the reputation of the company for the quality of their service, their efficiency and value proposition, and the timeliness of their deliveries. They have been highly profitable and cash-rich for over a decade, delivering over 40% gross margins. The company has proven to be recession-resistant, providing essential services 24/7/365 for over four decades.

ATTACHED DOCUMENTS

Project Speed Teaser.pdf Download

DETAILED INFORMATION

Location

Relocatable

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

12,875

Lease Expiration

30/09/2025

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The company is not asset heavy. Assets include 2 forklifts, pallet racking, handling equipment, FF&E and computers

Competition

Post-COVID revenues have continued to show steady growth from 2020 to 2023, improving an average of 19% per year and 60% overall? Earnings have similarly improved over the same period, growing an average of 24% per year and 57% overall? Gross Profit margins have remained steady, delivering between 44% and 41% since 2019? Earnings margins have the same consistency, delivering between 15% and 18% since 2019?

Growth & Expansion

For anyone wishing to expand the business, opening to the public would likely be an easy transition in most aspects. Light, local, expedited trucking (24’-26’ box truck with liftgate) is also a promising area for expansion. Researching and seeking out the competitors’ customer base has also been considered. Opening branches in other cities is very “do-able” with modern technology and a relatively easy way to expand.

Financing

Negotiable

Support & Training

The owners are offering a 90 day transition working side by side with a buyer at not cost. Other continuity incentives are negotiable.

Reason for Selling

The owners are ready to move into retirement.

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