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This top performing franchise of a highly rated franchisor provides transportation services for both small package shipments (international, overnight and ground) as well as third party logistic services for its customers' freight needs. The business serves small and medium size companies across a wide array of industries. By all standards (revenues, profits, cash flow, growth rate, franchise honors, employee satisfaction, customer satisfaction, etc.) this four-year-old business has been a huge success.
The owner (who spent five years in the industry before opening his franchised territory and who has not been active in his business for nearly one year) has done everything right, and now he wants to find a qualified successor for this terrific business so he and his family can follow their dream by moving out West.
Located in attractive downtown offices in a top 50 market in an upper Midwest state, this business (with eight full time employees who are well compensated and receive excellent benefits) recorded $2.7 million of 2007 revenues and an impressive $400,000 cash flow. The absentee owner has also opened a satellite sales office in a neighboring metropolitan area 60 miles away.
This business enjoys all the advantages of a transportation company with hundreds of customers active literally on a daily basis, but importantly the franchise is not asset based; i.e. there are no trucks, tractors, trailers, and/or warehouses, which require significant capital to support. The business operates with dozens of carrier partnerships with companies such as DHL, UPS Freight, Roadway Express, and USF Holland, to name a few.
The franchisor's business model has been a real winner and the franchisor has received any number of industry awards and lots of recognition within both the franchising and transportation communities. This web-based transportation company franchise is being offered at $1.75 million, and to help a qualified, but undercapitalized buyer, the seller will carry up to 50% of the purchase price of the business in a seller note.
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