*SALE PENDING* 10 FedEx Routes, 16 FedEx Vehicles in Skagit County, WA
included in asking price
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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.
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100% Overlap & 100% ISP Compliant
One Manager, 4 Spare vehicles, 6 additional trucks available for purchase
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:
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
Debt Service: $12,297
Current cash flow: $433,000
debt service: $147,568
Cash Flow Net
of Debt Service: $285,432
Cash on Cash
About the Business
Contact the Seller
- Year Established:
- Number of Employees:
Trucks are garaged at FedEx Delivery Hub in Washington State free of charge.
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.
About the Sale
- Reason For Selling:
Other Interests, Retirement
Seller is willing to stay on for 30-45 days, subject to negotiation.
- Ad Detail Views:
NDA (102 KB)