Semi-Absentee, Same Day Expedited Delivery SC2187

Business Overview:

Semi-Absentee Owner Same Day Expedited Delivery Service - SC2187

Financial Information
Asking Price: $4,950,000
Cash Flow: $1,200,000
Gross Revenue: $3,200,000
Down Payment: $4,000,000
Seller Financing: Yes

This California based Expedited Delivery Service Company is a California Limited Liability Company that was established in 2013 and remains under the current founders’ leadership. Established by a team of experienced Courier & Logistics Manger and IT Owners, this company specializes in the Same Day, Last Mile Delivery, and the most on demand time sensitive needs. This company’s services encompass air services, a logistics program, distribution, fulfillment, facilities, and fleet management. Their reliable drivers and agents coupled with a convenient online ordering and tracking system gives them an on-time performance average of 98.7%. They provide medical courier, legal courier, animal transportation, life sciences and concierge services. They cover business to business as well as business to consumer, and currently operate out of two Western States.

One of the most valuable assets of this company is their integration with one of the large major couriers. For the past 10 years, they have built cohesive and integrated software that allows for integration into this organization’s systems, providing an exceptional last-mile delivery service for them. They provided delivery services in Northern California for this company, and recently were awarded the Southern California territory in a multi-year contract. They have been asked to service additional territories as well as additional states as well.

CA 02100708
NV 1003039

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Property Features and Assets:

Business Location
City: California
State: California

Financing Comments
Sellers are willing to carry a note for up to $950,000 at 7.5% interest over 5 years. The amount financed and terms will be dependent upon the purchase price of the business and the quality of the Buyer.

Detailed information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: Yes
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: N/A
Contractors: 100
Owner Worked Hours/w: 10
Adjusted EBITDA: $1,200,000
Inventory Included: No
Monthly Rent: On request
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
FF&E Included?: Yes
FF&E Value: $25,000

Market Competition and Expansion:

Market Outlook/Competition
The global last mile delivery market size was valued at $132.71 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030. Key drivers propelling the market growth include rising consumer expectations for same-day or next-day deliveries, the imperative for real-time tracking and visibility, the ascent of on-demand services, and the challenges posed by urban congestion and sustainability considerations.

Training/Support
The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.

Reason for Selling:

Additional Details:

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