Large Utah Courier Company

Kaysville, UT (Davis County)

Large Utah Courier Company
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Asking Price: $3,200,000

Cash Flow: $700,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Established: 1997

Large Utah Courier Company

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Business Description

NEW LISTING - Successful Courier Company

Asking: $3.2 Million Gross
Sales: $2.0 Million
Cash Flow: $700,000
Assets Included: $200,000+
Business Started: 1997
Employees: 25
Locations: 2 (Layton and a parking lot in Salt Lake)
Seller Financing: 10% or purchase price
Courier company is a same-day courier service operating in Northern Utah including the Wasatch Front with daily runs stretching from Logan to Payson. The Corporate office is in Layton, but each driver takes their vehicle home with them and the employees are scattered across the Wasatch Front. The business has been open for 21 years. The Seller has owned it for 16 of those years. This company dominates the Northern Utah area with unsurpassed service and speed. With their technology customers can order from their desktop, print their own freight bills, and receive a P.O.D. at time of delivery. Their online service makes it possible for customers to enter their information only once. Each time customers have a pick-up or delivery, the information will auto fill. Customers will always know their freight costs as they order to make charging their customers easy and accurate.

Detailed Information

Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Corporate office is in an industrial area. It suits the business well. The building is owned by the Seller, who would negotiate a long-term lease with favorable terms. Current market value of the lease option is $.65 a square foot which will put the lease at $2,340 a month. New owner to sign a two year lease with options. The new lease will be close to what is included in the lease expense annually.
Growth & Expansion:
The Seller believes the best way to increase sales is to purchase some larger trucks to increase bandwidth allowing you to move larger packages which are more profitable. It would require a $500,000 CAPEX to do it right. This company currently does not use SEO or have a PPC campaign to direct traffic to their web site. These are opportunities for growth as well as hiring a sales force which hasn’t been done yet.
Support & Training:
As needed and determined with offer
Reason for Selling:
Retirement
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Contact the Seller

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Heather Richmond Krebs 801-201-6866

Business Listed By:
Heather Krebs

Business Sales Group

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