SOLD: Specialist Courier Business

This unique courier business was established in 2002 to cater for the demand for ‘same day’ laboratory testing for the dairy industry.

There are very few operators in the market who can provide a similar level of service and this business is well known within the dairy industry for their excellent standards of service.

Samples or product are collected daily from customers and delivered to laboratory for ‘same day’ _testing in a carefully managed and timed process which runs every day of the year. The business can also provide a direct drive service in addition to the standard daily runs.

• Established for 22 years.
• Strong Consistent growth
• Excellent Industry reputation
• Simple Business model
• Loyal Customer Base with low attrition
• Highly Profitable
• All Deliveries go to one location
• No Sales Force Required

This business was sold to an industry competitor above asking price (in excess of $1.5 million) (inclusive of structured earn-out) through a highly competitive multi-stage EOI process with multiple bidders.
  • Transport/Distribution

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