Courier Service
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $866288
Net Profit / Cash Flow $157624
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Owner is retiring.
Description Here's a real opportunity to either expand your present operation or grow this business. This 28 year old Company presently services NJ, NY, CT, RI, MA and southern NH, classified as a common carrier and also includes hazmat 3 authority as well as a brokers license. Real estate is also available with three facilities 2 in NJ and a transfer station that is not used in Blackstone Mass, however there are many deliveries there. Also included in this sale are 6 tractors, 1 straight job, 3 fork lifts, 3 pallet jacks, 8 T fork truck, electric power jack, 18 road worthy trailers and 18 storage trailers which generate 39,000 revenue per year. There are 2 owners, 1 of which has retired and spends minimal time at the business, the other wants to retire. When asked how the Company can generate more revenue, they answered 1. visit core accounts for more volume and 2. put a salesman on to prospect the deliveries since they all ship to the same place, many loads come back empty so it would only make sense to solicit the end user. One office employee has been with the Company 40 years and the other 28 years, one is due to retire and there is no need to retire another employee, this would save the new owner over $30,000 plus health insurance. Contact for more information on this Courier Service business for sale.
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