Financial Information
Asking Price: $168,000
Annual Sales: $140,000
Seller's Discretionary Earnings: $100,400
Furniture, Fixtures & Equipment: $60,000 included
Additional Key Information
Location: Pittsburgh, PA
Reason for Selling: Health reasons.
Business Summary
Work a couple of hours a week and earn $74,000 or become a driver and earn over $100,000 a year is the choice open to the next owner of this business. This opportunity is part of one of the world’s largest shipping company’s program that enables independent pick up and delivery contractors to own and operate their own small business. Over 12,000 such entities with a twenty-five year history of success operate throughout the United States. The owners must form a corporation, be registered in the state in which they are operating and be willing to ensure that personnel who provide services under the Operating Agreement with the company are treated as employees. The owners of the routes have sole responsibility for their businesses. Success depends on the business management skills of the owners and the people working for them. Pick up and delivery contractors own service delivery areas (routes) and have contractual rights to acquire, sell or transfer the proprietary interests in the service areas (routes). Contractors must own or lease their own vehicles and assume responsibility for the business related expenses. More than 25% of owners earn over $100,000 per year in income after expenses. This particular service delivery area (route) has two trucks and employs two drivers. The drivers earn $28,000 per year each. The current owner works a couple of hours a week with the business. She operates as a non-driving contractor. A new owner can operate as an owner / operator and save having to pay one of the salaries for a driver. The service area (route) is in one of highest concentrated business / retail suburbs in the region. Growth potential is unlimited.
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