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Business For Sale
FREIGHT RESELLER - FRANCHISE FOR SALE
Attn:
Tom Given
Several Cities in West Texas, TX, USA
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Listing Number: "GBS240"
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Listing
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Asking Price: |
$300,000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Owner works full time in another business. |
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Yearly Revenues:
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$377,000 |
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Yearly EBITDA:
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$70,000 |
Business for Sale Overview:
This business is a reseller of freight services (primarily overnight freight services) with a territory that is protected by the franchise. The company markets volume discounted domestic and international shipping rates to small and medium sized companies that do not receive discounts from their current shipping providers. The overwhelming majority of the shipments will be handled by a large international shipping company that is a household name. The company controls the margins and pricing, and bills customers for the freight. The freight carrier then invoices the franchisee at the much lower, discounted rates. Gross sales for 2006 were $377,000 and adjusted cash flow for 2006 is approximately $70,000. Growth potential is unlimited as current owner runs another business full time and does not have time to devote to this business. The business would be a good fit for an entrepreneur with sales and marketing expertise wanting to get into a profitable business starting with an established, profitable customer base. The business could be run from any location including a home office.
Property Features and Assets:
This business is currently being run from the offices of the current owners unrelated business. The business could be run from any location including a home office.
Market Competition and Expansion:
This is a unique opportunity with protected territories. The main competitors are the other national overnight freight companies, but they concentrate on the largest customers and do not generally offer attractive prices to small and mid sized customers. With telemarketing, adding sales reps and other marketing efforts, the new owner should be able to significantly increase the business volume. In addition, the current owner currently markets to customers in the El Paso area only, but the protected territory includes almost all of West Texas including Midland/Odessa, San Angelo, Lubbock and Amarillo.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This may become a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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