19 Year Old Courier Service

Charleston, SC (Charleston County)

Seller Financing Available
Courier Services
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Asking Price: Get Financing: $109,000

Cash Flow: $79,409

Gross Revenue: $216,303

EBITDA: $79,409

FF&E: $1,500

Inventory: N/A

Established: 1999

19 Year Old Courier Service

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Business Description

This is an excellent opportunity for a young entrepreneur wanting to start and operate their own business or a retired individual looking to supplement their income or simply operate a business either full time or part time. Courier services are still very relevant and much needed by banks, attorneys, accountants, manufacturers and other businesses. And an enterprising new owner can market services to many other market segments such as errand services for baby boomers, grocery delivery, and drug store deliveries to name but a few opportunities. And the great thing about this business is over 77% of the revenue is generated by an established base of customers. A new owner can build from this base and enjoy a six figure income. As evidence, the current owner doubled sales and pushed seller discretionary earnings to $79,409 in 2017 in his first full year of ownership after purchasing the business after it had grown stagnant with the prior owners. And sales are up by another 8% in 2018.

Detailed Information

Inventory:
Included in asking price
Employees:
1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is home based with very low overhead. (Home Based)
Competition:
Charleston is one of the fastest growing Regions in the United States which bodes well for growth of this company. The current owner doubled sales in 2017 and is up another 8% in 2018.
Growth & Expansion:
A new owner can expand from a strong base of existing operations with an aggressive marketing program and extension of their courier services with errand services for baby boomers, grocery delivery, and drug store deliveries to name but a few opportunities.
Financing:
SBA Financing is Available with $10,900 down
Support & Training:
One month training
Reason for Selling:
The owner prefers to reenter the workforce.
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Marc Williams

Business Listed By:
Marc Williams

Charleston Business Brokers

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