CO Resort Delivery/Courier Business #1459

SOLD!

Details

Resort Delivery Courier

Asking Price:
$439,000
Annual Sales:
$381,100
Cash Flow:
$138,000
Inventory: At Cost**
FF&E: $50,000*
Real Estate: N/A
Employees: 1 PT Owner
9 PT/FT
Location: CO Mountain Resort
*Included  
**Not Included  

 

Business Description

This Delivery/Courier/Route business has an established performance record and valid contracts into 2018 & 2019 with a First Right of Renewal. These contracts have been held by the business since 2004, with additional contracts added in 2010 and 2015. Contracts are multi-year term, recently renewed, and can grow annually. Business is currently Passively-Managed, generating approximately $105,000 in Earnings. With an Active Owner assisting in one of the routes, $35,000 – $40,000 of wages can be off-set from employees earning $14 – $21 hourly. The Earnings calculation above includes an Active Owner in place within the business. Current owner maintains a professional career with a 3rd party while owning this business today. Business operates six days weekly, less holidays. Drivers are in place to cover all routes. Business sale includes five (5) vehicles, one (1) of which is a backup and extra (good working order), along with all drivers/current employees. Contracts in place to 2018/19.

Business is well positioned for additional growth through added contracts, and has an excellent performance record with the contractor. Local route allows you to sleep in your own bed every night, with no overnite travel or extensive drive times. A good driving record and no felonies are required for contract assumption and ownership. Contracts are structured to reward performance and reliability. Extensive financial records are available for review. Business is well managed in ownership & employees.

Very Consistent Performance & Well Managed.
Contracts in place to 2018 & 2019 with First Right of Renewal!

Tell me more about this business.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.
2015-09-21T12:15:17+00:00 September 21st, 2015|Sold Businesses|