Buy an Established Courier Service For Sale business for sale in Passaic County on BusinessesForSale.com

  • Advert ID: 627842
  • (Seller ref: 10454 Cuglietto)

Established Courier Service For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
$499,000
Sales revenue:
$866,288
Net profit:
$157,624
Years established:
28
Employees:
8FT


Here's a real opportunity to either expand your present operation or grow this business. This 28 year old Company presently services NJ, NY, CT, RI, MA and southern NH, classified as a common carrier and also includes hazmat 3 authority as well as a brokers license. Real estate is also available with three facilities 2 in NJ and a transfer station that is not used in Mass, however there are many deliveries there. Also included in this sale are 6 tractors, 1 straight job, 3 fork lifts, 3 pallet jacks, 8 T fork truck, electric power jack, 18 road worthy trailers and 18 storage trailers which generate 39,000 revenue per year. There are 2 owners, 1 of which has retired and spends minimal time at the business, the other wants to retire. When asked how the Company can generate more revenue, they answered 1. visit core accounts for more volume and 2. put a salesman on to prospect the deliveries since they all ship to the same place, many loads come back empty so it would only make sense to solicit the end user. One office employee has been with the Company 40 years and the other 28 years, one is due to retire and there is no need to retire another employee, this would save the new owner over $30,000 plus health insurance.


Reasons for selling:
owner is retiring
Financing available:
$400,000 Down, $99,000 financed over 5 years

For more information about this business for sale, click the Contact Seller button.

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