Nationwide B2B Climate-Controlled Delivery

Milwaukee, WI


Asking Price: Annual Revenue:
$2,950,000 $9,491,692

Services: Transportation - Trucking, Rail, Transit


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RE: Nationwide B2B Climate-Controlled Delivery Broker: Cortney Sells
Owner Financing is Available!
12.5% Buyer Down Payment $368,750 12.5% Seller Financing or Equity $368,750 75% Bank Loan $2,212,500

Quick Facts

Asking Price: $2,950,000
Annual Revenue: $9,491,692
Net Profit: Not Disclosed
Cash Flow: $744,247
Total Debt: Not Disclosed
FF&E: $694,677
Real Estate: Not Disclosed
Year Established: 1989
Employees: 28
BBN Listing #: 637734398
Broker Reference #: DIS012-E

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Business Overview:

This nationwide B2B climate-controlled delivery company boasts an impressive 85% repeat customer base! They are well-established, having occupied the Milwaukee, Wisconsin area for over 30 years. Food delivery makes up 90% of their revenue, and the other 10% is from warehousing. There is plenty of room for physical expansion in their 20,000 square foot facility – 18,800 square feet of this space is for warehousing, with 1,200 square feet being allotted for office space. The purchase of this business includes over $1.3M in assets, including nearly $700,000 in vehicles and equipment, along with $600,000 in working capital. In the business’s 30+ years of service, they have built up an excellent reputation and extremely experienced staff. The team is made up of 28 skilled employees: 3 team leads, 2 dispatchers, 13 long haul drivers, 4 local drivers, and 6 warehouse workers. The full team allows them to self-perform all of the deliveries; there are no outside contractors.

The services provided are 100% B2B, serving food production companies all over the US. Some of these clients have been around since shortly after the company’s inception in 1989! Even with the heavy repeat client base, the revenue is widely distributed across several different clients, resulting in minimal customer concentration. They do consistently add new clients to the mix as well, allowing for year over year growth in revenue over the last several years.

While both owners do have some involvement in the business, both are committed to seeing the business continue successfully and would be willing to stay on for 1-3 years post-close. During this time, they will train and transition the business to new ownership, while also finding and training any replacement needed. To further demonstrate their willingness to assist new ownership, they are open to a seller carry of 12.5%, which is above the industry standard of 10%.

Priced at $2,950,000, this business is ready for new ownership to take over and continue the pattern of growth to build on their current long-standing legacy.

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Property Features and Assets:

Assets Included in Purchase: $1,345,841 Vehicles: $694,677 (tractors, forklifts, trucks) Working Capital: AR $707,921 – AP $56,757 = $651,164 Intangible Assets: Diverse client base, excellent reputation built up over 30+ years of business, 85% repeat client base *amounts may vary, assets may be depreciated, replacement cost, or fair market value

Reason for Selling:

Shifting focuses to other non-competing businesses.

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:

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