Business Overview

This acquisition opportunity is a wholesale same-day courier company servicing the Time-Critical Transportation Market for clients across North America and Europe who do not have a physical presence in the area. Practically all clients are in other states or countries. Customers include Air Forwarders, International Couriers, 3PL Logistics Providers, etc. Commodities transported include, but are not limited to, human organs for transplant, biological specimens/samples, aircraft parts, blood supplies, clinical medical trial products, retail brick and mortar refurbishment, and trade show display/exhibit materiel.
• The majority (approximately 85%) of the revenue is generated from shipments involving air transport.
• The firm also handles RUSH/ASAP deliveries throughout the region that can be driven to their destination faster or more effectively than using air transport; usually in a 250-mile range.
• Further, the company warehouses transient freight, i.e., cargo being held for a future delivery date, from a day to several months.
• The business is not open to the public and does not accept credit card or cash transactions. All clients are billed weekly or monthly.
• The medical-related transportation industry is growing rapidly in the wake of the pandemic.
• Recession resistant, essential business that has operated 24/7/365 for more than three decades!
The business is based in the Southeast with strategic headquarters that allows for optimal service to its clients. The stand-alone business facility is $5,000 per month and contains 12,875 square feet of space.
The firm is well-staffed with office management in place. The two owners manage the day-to-day operations of the business with each working 32-36 hours per week. The owners are looking forward to the next phase of their lives but will work a transition time with the new owner to be negotiated.

Financial

  • Asking Price: $1,490,000
  • Cash Flow: $411,866
  • Gross Revenue: $2,366,896
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1982

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:12,875
  • Lot Size:N/A
  • Total Number of Employees:11
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The stand-alone business facility is $5,000 per month and contains 12,875 square feet of space.

Purpose For Selling:

Retirement

Additional Info

The business was started in 1982, making the business 40 years old.

The business has 11 employees and resides in a building with estimated square footage of 12,875 sq ft.
The property is leased by the business for $5,000 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell businesses. However, the genuine factor vs the one they tell you might be 2 completely different things. As an example, they may say "I have too many various obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be excuses to attempt to hide the reality of altering demographics, increased competition, current decrease in earnings, or a variety of other factors. This is why it is extremely important that you not count completely on a seller's word, yet instead, utilize the seller's answer together with your general due diligence. This will repaint an extra reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money so as to cover things like inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that earnings margins are too tight. Numerous organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location bring in new clients? Many times, businesses have repeat clients, which create the core of their daily earnings. Particular variables such as brand-new competition sprouting up around the area, road building, and also staff turn over can affect repeat clients as well as negatively affect future incomes. One vital thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business often, the better the chance to develop a returning customer base. A final idea is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the local median house earnings influence future earnings prospects?