About the opportunity: This company provides pickup and delivery service as an Independent Service Provider to FedEx Ground. This CSA is fully overlapped and ISP compliant. The company has 2 full-time managers on staff, and they are accounted for in the payroll. Over 20 trucks will come free and clear at closing, all trucks meet and exceed FedEx Ground and DOT requirements.
2019 gross revenues produce $1.1 million and net the owner $260k after all expenses are paid. 2020 is tracking toward $1.5 million and netting $300k. The owner will stay on board for the foreseeable future.
Principals only! Seller requests that all Buyers furnish proof of funds and have a signed NDA in place prior to any additional information being released. Upon receipt of NDA & funds verification, the due diligence material will be emailed to you in a Sharefile link. Please ask for Adam or Megan Armstrong.