|Specialty Vehicle Delivery Service|
NCListing DetailsOffice ID: DELIVER1
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $3,820,000
Gross Revenue: $5,121,000
Cash Flow: $799,000
12 Month Forecast: $5,600,000
Forecasted Cash Flow: $890,000
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:This business is offered as an Asset Sale with Seller retaining cash, accounts receivable, personal assets, accounts payable and any other debt so the business assets are delivered free and clear to the Buyer. Some intangible assets may make a Stock Sale the better acquisition option. If so, the selling price would be adjusted to reflect the net change in value at closing.
Minority Owned: Yes
Reason for Sale:Retirement
Training:20 normal workdays at no charge; management team is willing to continue working for as long as new owner desires
OperationsYear Established: 1998
Form of Ownership: S Corp
Employees (full-time): 5
Employees (contractors): 50+
Business Description:Delivers specialty vehicles from manufacturers to dealers and customers nationwide utilizing dozens of drivers.
Historical Summary:A long history of quality service to vendors and customers from a small start
Owner Qualifications:General business skills and sufficient liquid capital to qualify for financing
Potential Growth:Both existing customers and potential new customers are requesting more unit deliveries than can be currently performed.
LocationType of Location: Commercial Center
Monthly Rent: $2,000
Square Footage: 800
Existing offices are not included in asking price nor are they available for sale or long term lease.
Last Updated: Jun 17, 2019 / 11:11 AM
Financial Information Current as of: Apr 17, 2018 / 1:21 PM