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Sunbelt of Sacramento

Semi-absentee Owner Same Day Expedited Delivery Service - Sc2187 For Sale

California, US
Asking Price:
$6,500,000 Furniture / Fixtures included
Sales Revenue:
$3,200,000
Cash Flow:
$1,200,000

This California based Expedited Delivery Service Company is a California Limited Liability Company that was established in 2013 and remains under the current founders’ leadership. Established by a team of experienced Courier & Logistics Manger and IT Owners, this company specializes in the Same Day, Last Mile Delivery, and the most on demand time sensitive needs. This company’s services encompass air services, a logistics program, distribution, fulfillment, facilities, and fleet management. Their reliable drivers and agents coupled with a convenient online ordering and tracking system gives them an on-time performance average of 98.7%. They provide medical courier, legal courier, animal transportation, life sciences and concierge services. They cover business to business as well as business to consumer, and currently operate out of two Western States.

One of the most valuable assets of this company is their integration with one of the large major couriers. For the past 10 years, they have built cohesive and integrated software that allows for integration into this organization’s systems, providing an exceptional last-mile delivery service for them. They provided delivery services in Northern California for this company, and recently were awarded the Southern California territory in a multi-year contract. They have been asked to service additional territories as well as additional states as well.
Real Estate Available: No
Real Estate Included: No
Real Estate Value: -2

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: -3
Owner worked hours per week: 10
Market Competition: The global last mile delivery market size was valued at $132.71 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030. Key drivers propelling the market growth include rising consumer expectations for same-day or next-day deliveries, the imperative for real-time tracking and visibility, the ascent of on-demand services, and the challenges posed by urban congestion and sustainability considerations.

Business Operation

Reasons for selling:

The reason for selling is Seller are looking to pursue other interests.

Employees:
Contractors: 100
Years established:
11

Other Information

Support & training:

The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training from the Seller is available beyond what is included in purchase price at mutually agreed to terms between the Buyer and Seller.

Financing available:

Downpayment Required: -------
Financing is available

Furniture / Fixtures value:
$25,000 - included in the asking price
Relocatable:
This business can be relocated.