“Very skillful in overcoming unexpected challenges.”

Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


“Professional and efficient services with timely information flow.”

George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

Express Delivery Courier in LA

Los Angeles

New

Price: $4,900,000

Cash Flow: $801,566

Total Sales: $3,076,858

EBITDA: $701,566

FFE: N/A

Inventory: N/A

Year Established: 1988

DESCRIPTION:

The Company was founded in 1988 by its current owner. It all started with one vehicle and one account, and today they have a staff of over 25 people plus an additional 10 to 15 contractors, and a fleet of over 8 company owned vehicles (16-foot refrigerated box truck, and 8 cargo vans). Contractors use their own trucks and trailers (both refrigerated and non-refrigerated) used as needed.


Its corporate office is in Los Angeles. The main service territory is Southern CA, occasionally Vegas and other areas. The Company specializes in providing expedited same day courier services to other businesses and residences.


The Company’s mission is to serve their customers in a timely, professional manner. The Company’s drivers are all professionally uniformed and are fully trained and certified to comply with government and industry regulations.


The company offers a reliable service that can be designed for a daily delivery set schedule or just on-demand need. They have over 40 employees and contractors and vehicles ranging in size from small vans to med size to box trucks of all sizes and capacity as well as tractor trailers. They provide all their services in a confidential and time-sensitive manner. They can provide a route service or design a custom courier service to meet specific business demands.


The Company’s customers number in the hundreds and include but not limited to custom furniture manufacturers, water distribution, food and beverage companies, ice cream manufacturers, commercial printers, Advertising firms , Law firms, and many interior design firms, such as construction companies and home design businesses. A small number of labs as well.



SERVICES

Courier Services: pickup and delivery anywhere in Southern California.
Cargo & Freight: Offering logistics solutions for businesses, including transportation and distribution of palletized or loose loads tailored to streamline supply chain operations and meet diverse shipping needs efficiently and reliably.
Refrigerated Vans and Box Trucks: Offering safe and timely transportation of temperature-sensitive goods with precision and reliability.
Legal Courier: The Company offers dependable attorney services, including court filings, courtesy copies, and document searches, catering to Southern California firms and individuals.
Same Day Courier: offering fast, reliable courier services with options including Express Same Day delivery and 24/7 availability, prioritizing communication, and flexibility to meet customer’s delivery needs.
Handy Carry Courier: dedicated hand-carry courier delivery services ensuring continuous in-transit monitoring from pickup to delivery, available 24/7 for time-sensitive shipments with seamless scheduling options and instant delivery conformation.
Medical Delivery: Rapid and reliable courier services for medical labs across Southern California, guaranteeing on-time delivery within specified deadlines, even in challenging traffic conditions, with packages typically picked up within an hour and delivered by 5pm.
Messenger Services: providing safe and expedient messenger services, offering a variety of options including same-day delivery, flexible scheduling, and exclusive features like signature capture technology, all backed by a 100% on time guarantee and professional, insured drivers.
Route Services: The Company offers route services for businesses reliant on regular deliveries, ensuring efficient pickup and on-time delivery of materials with flexible scheduling options and 24/7 availability, backed by insured drivers and 100% on-time guarantee, with prompt communication in case of unforeseen delays.


HIGHLIGHTS
• Ability to move temperature-controlled loads.
• Long term, loyal customers and employees
• Started by the Company founder in 1988 and has experienced consistent growth and profitability since.
• Company has an established management structure that can operate independently of the Company owner.
• Guaranteed On-Time Delivery
• Real-Time Tracking and Notification
• Dedicated Customer Support
• Specialized Courier Services
• HIPPA and OSHA compliant


Opportunities for Growth
The Company has the potential for rapid growth by:

• Expanding service to refrigerated customer transportation.
• Expanding into refrigerated storage.
• Expanding with additional hubs in other areas.
• Adding dedicated fleet services

The seller is selling for personal reasons but will assist during a transitional period. The office staff, all of whom are W2 employees, are available to work with a new owner.


The Market (IBISWorld Industry Report)

The industry comprises two segments: larger couriers and smaller local delivery companies. Together, these segments cater to various consumers, with demand for each segment differing based on the services offered. Specifically, downstream demand for courier services comes from manufacturers and retailers across the country, while demand for local delivery services is derived from households and other local markets. Although the markets for each segment differ, demand for each segment tends to fluctuate in line with consumer spending, the number of businesses and e-commerce sales, all of which have grown in recent years. The onset of the COVID-19 pandemic exacerbated the already strong trend away from brick and-mortar stores and toward e-commerce platforms, increasing demand for delivery services. As a result, industry revenue is expected to grow at a CAGR of 5.9% to $165.1 billion over the past five years, including an increase of 4.1% in 2023 alone.

In recent years, developments in the e-commerce and online retailing space have driven industry growth. Developments made by large online retailers, including same-day delivery, have increased demand for local couriers and messengers. Per capita disposable income, consumer spending and e-commerce sales are set to increased in 2023, further increasing demand. But unstable input costs, notably fuel, have narrowed profit growth, and squeezed operations. The industry is expected to continue to expand in the coming years as consumer spending, corporate profit and e-commerce sales all continue to rise. Shipping volumes will also increase as consumer preferences continue to shift toward the convenience of using a delivery service to receive purchases. As a result, industry revenue is expected to rise at a CAGR of 2.7% to $188.9 billion through 2028.

LISTING DETAILS:
Total Sales: $3,076,858
Cash Flow: $801,566
EBITDA: $701,566
Reason For Sale:

Retirement

OPERATION:
Year Established: 1988
Employees: 40
SUMMARY:
Competition:

Excellent Positioning

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Saied Zeinali

Phone: 714-791-7577
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