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Courier Service - Established for 40 Years w/ Multi Year Contracts

Cook County, IL

Seller Financing Available
Courier Service - Established for 40 Years w/ Multi Year Contracts
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Asking Price: $3,500,000

Cash Flow: $811,046

Gross Revenue: $5,134,892

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Established: 1976

Courier Service - Established for 40 Years w/ Multi Year Contracts

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Business Description

Purchase price includes $150,000 in working capital as buyer will keep AR and AP, post close. The cash flow also reflects a replace of owner as a general manager for $100,000 salary. This deduct is already reflected in cash flow of $811,046. The business enjoys federal safe harbor designation.

The business provides same day messenger and courier delivery service utilizing car, van or truck. Long established as one of the leaders in the Greater Chicago land market area for same day service delivery. The business delivers service across numerous industries including; payroll services, medical, banking, contractors, printers, manufacturing, legal, promotional, advertising, and numerous other industries that have a need for fast, reliable service. Providing guaranteed same day service with high quality customer focus to each and every client. The business operates 24/7 365 days a year.

If you are in the business or looking to expand your footprint to the Greater Chicago market check this business out. This business presents a terrific opportunity for the savvy operator. The ownership will provide a smooth transition to new ownership. This business has the potential to be many times the size it is today.

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Detailed Information

Location:
Cook County, IL
Employees:
FT 8 PT 2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The seller will stay on post close to ensure a smooth transition
Reason for Selling:
Retirement
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Les Veil

Business Listed By:
Les Veil

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