Financial Information
Asking Price: $178,000
Annual Sales: $375,000
Seller's Discretionary Earnings: $125,000
Furniture, Fixtures & Equipment: $120,000 included
Additional Key Information
Location: Pittsburgh Area
Reason for Selling: New Opportunities
Business Summary
This business operates as an independent contractor for fast freight forward companies. The company provides both local and long haul small package delivery. Unlike other delivery businesses this company is not required to purchase routes from a parent company. This company has the discretion to subcontract with any freight forward company that it chooses. The business is presently subcontracting with a reputable company operating in eleven states from the East Coast to the Midwest. Currently the subcontracting fleet is made up of five trucks / vans (four are owned and one is rented). All the trucks / vans have diesel engines and are in excellent condition. Drivers for each vehicle are all trained and in place. The new owner can run the business totally absentee or work as a part time manager, full time driver, or both. While the business has been operational for a short time, the investment, organization and reputation the present owner has established in the industry has enabled it to become immediately profitable. Growth potential for this business is unlimited with immediate opportunity to increase revenue to over $500,000.
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