Courier express and parcel business network for sale. Expected 2021 EBITDA of $4m+
Updated: Nov 10, 2020
A well established business within CEP (Courier Express and parcel) market for sale with expected 2021 EBITDA of $4m plus.
The company has 61 individual franchises, 21 sub contractors and 120 outside hire drivers. Well established management team in place. Restructured for profitable growth. Maximising growth in the online shopping market.
The Domestic CEP market in Australia is constantly growing and the Business has had the franchise for approx 10 years.The business has enjoyed significant growth over the last couple of years and has carried out a number of restructuring initiatives to reduce its cost base and maximise the industry potential. In 20/21 EBITDA will be $4m plus.
Location: Melbourne, VIC, Australia
Price: Approx $12 million
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