Business Overview:
• Contracted Service Area (CSA) in Eastern Iowa
• CSA is being listed post 2.0, transition occurring Aug 2, 2025
• 75% eCommerce (Residential) and 25% non-eCommerce (Commercial) Pickup & Delivery routes
• Dispatch 19 routes on the heaviest day of the week
• High-density area in Cedar Rapids, IA, with 2 Bulk Trucks
• 20 Vehicles included in the sale, consisting of 14 trucks newer than 2019
• Combined Operations for Efficiency: In April 2024, two separate entities operating in the same terminal merged to streamline operations, enhance efficiency, and reduce overhead, resulting in a unified, profitable business. Integrating with FedEx 2.0, beginning August 2, 2025, to maximize efficiency and service standards.
Financial Details:
• 2025 PCAT Revenue: $1,813,516
• 2025 Projected EBITDA: $325,381(17.94%)
• FedEx Express volume integration is not included in the revenue numbers.
• Both Entities' Financials are available upon request.
• Equipment Value: $667,000
Vehicle Details:
• 20 vehicles included in the purchase price with clear titles.
• Fleet consists of newer step vans; 14 trucks are newer than 2019
• All vehicles are in good working condition.
Employee Details:
• 20 employees, plus three operations managers.
• Managers rotate driving each day
Asking Price:
• $899,000
• SBA Eligible for qualified buyers
Ad#:2319532