10 FedEx Home & Ground Routes, 16 FedEx Vehicles in Skagit County, WA

Contact Seller
10 FedEx Routes Skagit County, WA; 100% June 2020 Overlap, w/ Exp. Manager
Asking Price:
$1,300,000

Gross Revenue:
$1,327,622
Cash Flow:
$433,000
EBITDA:
$433,000
Inventory:
 Not Disclosed

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Please complete the attached NDA now and Fax to 877-311-0970, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $338,750 downpayment for the purchase.

OR

COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature. Please use '1' as Country Code for SMS verification.

https://secure.rightsignature.com/templates/bf7f0ab6-d441-440e-aaa4-ec6bcd0105fc/template-signer-link/a9a332169a0e1560e9c50724e9913057

Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.

100% Overlap & 100% ISP Compliant
One Manager, 4 Spare vehicles, 6 additional trucks available for purchase

Deal Recap:
2017 Gross Income: $1,141,472
Next Twelve Months Gross Income: $1,327,622
Purchase Price: $1,300,000
2017 Cash Flow: $400,000+
Next Twelve Months Cash Flow: $433,000+
Vehicle Value: $240,000
10 FedEx Home & Ground Routes, 16 FedEx Delivery Vehicles in Skagit County, WA.

FedEx Home & Ground Delivery Routes for sale $1,300,000. Currently grossing $1,327,622 and Nets $433k+ per year as an owner of the business. Includes 10 FedEx Home & Ground Routes 16 FedEx Delivery Vehicles worth an estimated $240k, and 11 employees in place willing to transfer with the business. This business operates out of a Skagit County, WA Hub and currently has 10 Drivers and a Manager in place, seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is Washington State. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $961,250.

What Does Financing do for you:

Example:
25% Down
7.50% 10 year Amortization

Equity Investment: $ 338,750
SBA Loan: $ 961,250
Working Capital: $ 30,000
SBA Guarantee Fee: $ 29,738
Closing Costs: $ 15,000
Total SBA Loan: $ 1,035,988

Monthly SBA
Debt Service: $12,297

Current cash flow: $433,000
Annual SBA
debt service: $147,568
Cash Flow Net
of Debt Service: $285,432

Cash on Cash
Return: 84.26%

About the Business

Year Established:
2011
Number of Employees:
11
Facilities:
Trucks are garaged at FedEx Delivery Hub in Washington State free of charge.
Market Outlook/
Competition:
The competition for FedEx Ground is USPS and UPS.
Growth & Expansion:
The growth of the business is linked to the growth of FedEx as a whole. FedEx Ground & Home delivery are the strongest segments of the FedEx Family. FedEx Ground & Home delivery have been driven by the boom in E-Commerce, which experts agree will continue indefinitely. Analysts expectations are for FedEx to continue to grow at an average of 15+%/year for the next 5 years.
Contact the Seller

About the Sale

Reason For Selling:
Other Interests, Retirement
Training/Support:
Seller is willing to stay on for 30-45 days, subject to negotiation.

Listing Info

ID:
1516035
Ad Detail Views:
693

Attached Files Attachment Disclaimer

  NDA (102 KB)
Download



Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Darin Jerger

Aegis Investment Group, LLC

 Show Phone Number

View My 31 Active Listings
U.S. Census Data for Skagit County, WA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Skagit County, WA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;