Asking Price
$1,250,000.00
Cash Flow
$498,593.34
Gross Revenue
$2,932,902.77
EBITDA
FF&E
Established
2011
About the opportunity: This company provides pickup and delivery service as a Contractor to FedEx Ground. This CSA is fully overlapped and ISP compliant. There is a full-time manager on staff, and they are accounted for in the payroll. The routes service a great area with exploding growth in the Florence, SC area.
The company grossed $1.7 million in 2019 and nets $296,583.28 after all expenses are paid! In 2020 the company has seen triple-digit YoY growth due to the shift in consumer shopping habits from the Coronavirus pandemic. 2020 YTD as of week 30 is $1,612,902.77 with projections to finish out 2020 at $2.9 million and net $498,593.34 The fleet is leased and assumable by the Buyer.
The 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 dropbox link. Please ask for Adam or Megan Armstrong.