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Asking Price$101,600
Revenue$156,000 Established2015
Cash Flow$48,300 Employees4 full, 1 part
FF&E$64,400* FranchiseNo
Inventory$600* RelocatableYes
Real Estate$0 Home-basedNo
* Included in Asking Price
A well managed courier business with an excellent reputation for providing reliable, cost-effective and personalised services to individuals, small businesses and large corporates. The hands-on owner needs to focus on other business interests. Routes serviced include all of Pretoria, Greater Johannesburg and the outlying areas of Rustenburg, Brits, Middelburg and Emalahleni (Witbank).
 GENERAL INFORMATION  
The business operates 4 vehicles and supplemented by the owner's vehicle when required.
The premises are adequate for their needs - the rental is reasonable and the location is well placed to service all their routes.
The ethos is that all customers are important - and the goal is to create trust through efficient service, striving for on-time or early morning deliveries.
Daily routes from Monday to Friday - ensured early in the mornings.
Collections can be logged via WhatsApp, SMS, e-mail or website with a cut-off at 2pm.

Further details will be provided in the evaluation Information, subject to the NDA (see below) in place.

 FINANCIAL INFORMATION  
Detailed financials will be made available to approved buyers in terms of the signed confidentiality agreement (NDA) and all the information can be verified.
The financial information reflected above is based on Turnover, gross profit, expenses and Net Profit figures extracted from the audited financials.
The EBITDA has been based on the financials provided for the year ended 28th February 2022.
Turnover and Profit has grown considerably compared to the 2020 and 2021 tax years.
Facilities:Warehouse type building with loading area, Reception, offices, kitchen area and toilets/change rooms
Competition:The Courier market is competitive, but they have an edge over competitors because of their great service and response.
Growth Potential:This is a great opportunity for a new owner with an entrepreneurial flare, to grow the business and everything is in place to take it to the next level. An existing Courier Company could also consider this business for further expansion into another geographical area. Could also be an ideal BBEEE opportunity for investors or entrepreneurs.
Training/Support:The seller is prepared to assist the buyer for a short hand-over period, subject to an agreed arrangement.
Seller Financing:Part of the asking price can be set-off providing the buyer takes over outstanding vehicle finance
Sale Reason:The seller owns an unrelated business that he wishes to expand.
Ad #133143
Seller Reference #Cou1104
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Contact This Seller
Fred Broom
Fair-Bro International Group
+27825834851
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