Courier Service for Seattle Metro Area
Location: Washington > King County > Bellevue
Industry: Business Services > Other Business Services
Financials
Asking Price: $250,000
Gross Revenue: $540,000
Gross Revenue Comments: Loyal customer base drives recurring revenues
Cash Flow: $83,000
Cash Flow Comments: easily scalable to higher profits
FF&E: $15,000 (Included in Asking Price)
Seller Financing: Seller will consider limited financing for a qualified buyer
Business Summary
This business provides same-day pick-up and delivery services to over 300 clients in the Seattle area. Services are priced based primarily on time intervals. The company enjoys a workforce with comparatively long tenure that utilzes employee vehicles. 2007 is expected to enjoy 10% revenue growth over 2006. Individuals of many varied backgrounds would fit well with this type of business.
About the Business
Year Established: 1992
Employees: 17 full time -
Relocatable: Yes
Facilities: Office is leased and offers good access. There is flexibility to relocate the business given that the primary purpose is dispatch activities.
Market Outlook and Competition: This same day courier service boasts superior on-time performance. This distinguishes it and facitiates a very high level of recurring business. The business could easily be scaled to a larger level with minimal investment. The software and communications equipment is up-to-date. There is a diverse mix of clients who can use the company's services.
About the Sale
Management Training and Support: Seller will train and transition over 30 days or as required as part of the price.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:869588
Seller ID:Courier
Business Listed By
Name:Terry Welsh
Company:Bridgeview Brokers, Inc.
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