Asking Price: $899,999 Gross Revenue: $1,130,203Cash Flow: $223,357 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $125,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
About the opportunity: This company was founded in 2008 to provide pickup and delivery service as a Contractor to FedEx Ground. The routes meet ISP requirements as they are currently overlapping and contiguous. An operations manager is in place to oversee the day to day operations.
In 2018 the company grossed $1,130,203.00 with an EBITDA of $233,357.00 . The deal will come with 13 trucks free and clear at closing. ISP ready business, the owner will help the Buyer transition into the new ISP model. There is a manager in place, along with 16 employees. Asking $899,999.99. with all reasonable offers considered. SBA approved with only 180k down!
Principals only! Seller request that all Buyers furnish proof of funds and have a signed NDA in place prior to any additional information being released. Please ask for Adam or Megan Armstrong.
About the Business
Ladson, South Carolina
Number of Employees:
The trucks have assigned parking spots inside the FedEx hub when they are not in use. Package Handlers load and unload the trucks when they return at night, and load them early in the morning prior to dispatch. The Contractor works out of a home office during the day where they monitor their driver's progress at various points throughout the day to ensure all packages are going to be delivered and picked up on time. On average, the Contractor can spend 1-3 hours per day at the terminal during dispatch hours. Some Contractors only go in once a week.
3 main competitors: 1-USPS 2-UPS 3-Amazon There is so much freight to be moved this list one day will be longer. But for right now these are the big three "competitors." FedEx moves a lot of packages for the post office, and the Amazon volume is less than 3% to 4% of the overall volume at FedEx Ground.
Growth & Expansion:
Contractors can buy out other Contractors to expand their operation. FedEx Ground typically does not want a Contractor to own more than 10% of a terminal volume.
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