E-Commerce Final/Last Mile Delivery Service Company For Sale

IN

Seller Financing Available
Final/Last Mile E-Commerce Delivery Company for Sale
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Asking Price: $890,000

Cash Flow: $288,500

Gross Revenue: $1,167,895

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $150,000*

Established: 1973

*not included in asking price.

E-Commerce Final/Last Mile Delivery Service Company For Sale

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Business Description

Growing Final-Mile Delivery Company for Sale

The fastest growing segment of the logistics industry is now “Final-Mile Delivery”. E-Commerce has been changing the face of the consumer retail industry for a number of years. The original focus of E-Commerce was selling smaller items that could be delivered by existing national parcel carriers such as UPS, FedEx and the Post Office. Now E-Commerce has moved into the sale and delivery of residential and commercial furniture, fixtures, major appliances and related furnishings. These items are too big for the parcel carriers and the line haul LTL and truckload carriers do not have the capability to make home deliveries.
The solution is to have the line haul carriers deliver to a “Final-Mile Delivery” trucking company that receives the delivery from the over the road line haul carrier and that handles the task of scheduling and performing the local delivery over those last final miles to the consumer’s home or business.
E-Commerce is growing rapidly in all metro areas and especially in smaller metro areas where consumer access to a variety of selections is limited

The Company
Stoney Point LLC represents for sale a northern Indiana based fast growing Final-Mile Delivery and Warehousing Company. This Company services a significant Indiana metro area and multiple surrounding counties that include many smaller yet important metro areas.
This Company has been in business since 1973 and has a long history of profitability. 2018 revenue was $1,167,895 which was growth in excess of 13% over 2017. Approximately 85% of total revenue is derived from Final Mile business. The balance of the Company’s business is providing long term storage of non-hazardous industrial and commercial products.
Adjusted 2019 EBITDA is expected to follow the average of the last 3 years of 25% of revenue. Virtually none of that number is in depreciation. 2019 has started well for the Company and its historic trend of growth and profitability are expected to continue.
The operating strength of the Company’s team enabled the Owner to take considerable time off in 2018 and again in 2019, often for a month or more
The Company has excellent cash flow. The Company’s Customers are major e-commerce companies and national big box retailers. Accounts receivable are minimal as most Customers pay in 7 days or less. One major Customer pays almost daily by ACH direct deposit. Working capital requirements are very minimal compared to revenue.

The Company occupies a warehouse building of over 15,000 square feet that is owned separately by the owner of the Company and is available for sale or lease. The building can be included or excluded in the sale of the Company. The building is not a part of the asking price.

The Opportunity
This Company presents a significant opportunity as a standalone business to establish an important position in the rapidly growing Final-Mile Delivery business or equally as a growing addition to a company in a related business.
Growth opportunities abound with this Company. The Company has been recently approached by both existing and potential Customers with new opportunities representing significant growth. The Company would benefit from the addition of a web site to increase these kinds of opportunities.
The long term owner is over 70 years old and wishes to pursue other interests.

STONEY POINT LLC
Dennis Pressler
422 EMS D15 Lane
Syracuse, IN 46567
317-691-3686
dpressler@stoneypointllc.com

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
15,000
Employees:
17
Facilities:
The Company occupies a warehouse building of over 15,000 square feet that is owned separately by the owner of the Company and is available for sale or lease. The building can be included or excluded in the sale of the Company. The company owns several trucks and leases several trucks with arrangements for short term leases of additional trucks for increased seasonal demand
Competition:
All of the Company's Final Mile Delivery contracts are exclusive for the area it serves. .
Growth & Expansion:
Growth opportunities abound with this Company. Growth projections for E-Commerce Final-Mile Delivery Services are over 22% per year through the next decade. The Company has been recently approached by both existing and potential Customers with new opportunities representing significant growth. The Company would benefit from the addition of a web site to increase these kinds of opportunities.
Financing:
Seller may partially finance. depending on terms. Company located in a HUB Zone
Support & Training:
The owner can be available for training and consulting as additionally negotiated between Buyer and Seller
Reason for Selling:
The Owner is in his early 70s and wishes to pursue other life interests.
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Business Listed By:
Dennis Pressler

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