Delivery Service with Regular Pickups/Delivery

Springfield, MO
Greene County

Located on a major street in Springfield, Missouri


Asking Price: Annual Revenue:
$364,000 $402,567

Services: Transportation - Trucking, Rail, Transit


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RE: Delivery Service with Regular Pickups/Delivery Broker: Jerry Myers
Owner Financing is Available!
The seller will consider providing some seller financing if required by the SBA lender.

Quick Facts

Asking Price: $364,000
Annual Revenue: $402,567
Net Profit: Not Disclosed
Cash Flow: $135,029
Total Debt: Not Disclosed
FF&E: $32,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 7
BBN Listing #: 381534791
Broker Reference #: 42500019

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Business Overview:

Highlights of Business
• Business is well established (39 years) and growing steadily
• Substantial recurring revenue (88% of total in 2022)
• Few employees
• Seller works 30-40 hours per week and only rarely on nights or weekends
• Business is simple to operate and requires no hard work
• Dispatcher in place and willing to stay on
• Clean books and records
• Seller will train
• Business qualifies for SBA financing, which means lower down payment and longer terms
• Business could be operated from home
• Seller will sign a non-compete agreement
• No inventory required in this business

History
The business was established in 1984, and the current owner purchased the business in 2001.

Operations
Most of the revenue of the business comes from running daily established routes, delivering U.S. mail from post office boxes to business offices, and providing inter-office delivery of mail and parcels for about 80 regular customers. The company also delivers ‘light freight’ such as nuts and bolts and parts, fragile items, and occasionally medical related items.

The service area is primarily Springfield, Ozark, Nixa, and Republic, Missouri.

Approximately 12% of the revenue comes from non-scheduled business – so-called ‘hotshot’ deliveries. Many of the hotshot deliveries are from long-time repeat customers for that service.

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Property Features and Assets:

The business is operated from a 2,500 square feet office/warehouse, but most of the space is used for storage of items used in the seller's other, unrelated business. The business could be operated from a smaller space or from a buyer's home. Included in the assets of the business are 11 vehicles, which the seller estimates are worth approximately $30,000.

Market Competition and Expansion:

The seller says there is really no local competitors who offer the same types of service. There are several ways in which the business could be grown.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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