423 PETTIT Trail
Milton, Ontario
Business
Offered for sale is a highly profitable, asset-light last-mile delivery business operating under a contracted model with a large, established client that operates multiple warehouses across the region. The seller is contracted to manage last-mile deliveries from one warehouse located in Hamilton, servicing Hamilton, Stoney Creek, and nearby areas. The business is well suited for both owner-operators and investors and can be managed mostly remotely with limited on-site involvement. The business operates with no owned vehicles, no salaried employees, no warehouse lease, and no fixed overhead. All deliveries are completed by independent contractor drivers, resulting in an extremely lean, low-risk, and scalable operation. The client provides consistent daily delivery volume, and the business has produced approximately $150,000 in net profit over the past 12 months, offering strong and predictable cash flow. Client margins are close to 35%. As a condition of sale, the client has formally committed to renewing the contract for an additional term, ensuring continuity and stability of revenue for the incoming owner
Price History
Community
Postal area L9T
- Population
- 110,956
- Private dwellings
- 34,110
- Median age
- 36.4
- Average household size
- 3.3
- Median household income
- $126,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Business in Milton · last 12 months
- Median sold price
- $924,450
- Homes sold
- 1,488
- Median days on market
- 21
- Sale-to-list price
- 98.2%
Based on 1,488 recorded sales of business properties in Milton over the last 12 months.
Location
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