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Home Based Specialised B2B Local Freight Business - Northern NSW

$350,000

Tweed Heads, New South Wales

Home Based Specialised B2B Local Freight Business - Northern NSW

This outstanding specialised business to business local frieght company was established in 1991 to serve a niche industry between Northern NSW and the Gold Coast.

The business is owned and operated by a husband and wife team and employs three drivers with the addition of two backup drivers from time to time as the business gets busy. The administration of the business is based from home in Northern NSW and takes approx 15-20 hours per week.
The business leases a small yard/depot space locally on a month to month arrangement for approx $1500+GST per month. All vehicles are housed, loaded and unloaded at the depot.

The business currently picks up specialised freight from approximately 15-20 Businesses across Northern NSW and transports the Gold Coast and Brisbane. The business also picks up stock from Brisbane and the Gold Coast and delivers to select clients approximately twice per week in Tweed, Byron Bay, Lismore and Ballina.

Financial Summary

Annual Sales

$680,167 for the 2021 financial year
$290,188 (July to October 2021 - 4 months)
$850,000 (Forecast Sales 2021-2022)

Normalised PEBITDA (Net return to working owners)
$165,047 (2020 - 2021)
$72,249 (July to October 2021 - 4 months)
$210,849 (Full Year Forecast 2021 - 2022)

Normalised EBITDA (Adjusted Net Profit if run under full management)
$77,047 (2020 - 2021)
$42,917 (July to October 2021 - 4 months)
$122,849 (Full Year Forecast 2021-2022)


Plant and Equipment (@ Market Value)
$232,000


Total Sale Price (Includes all vehicles and equipment)
$350,000 (Going concern - no gst applicable)


A detailed Information Memorandum is available upon request to approved parties. Use this link to complete the confidentiality agreement - https://forms.gle/5hpoE3QkdDqGxbzH7

Business Links / Tools

Last updated: 17th November 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Tweed Heads
State
 New South Wales
Price
$350,000
Category
  • Freight
  • Nursery

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dru Morgan