9 FedEx Routes, ABSENTEE, 2 FT Mgr, net over $195/yr

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Two full time managers!
Asking Price:
$625,000

Gross Revenue:
$861,521
Cash Flow:
$195,118
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$245,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

- There are 2 Full Time managers (both with almost 10 years of tenure with the same owner) in place to run daily operations.
- Established since 2006, about 70 miles from Richmond, VA.
- Solid/clear financials available
- Owner works less than 5 hours per week and does not drive in any of the routes.
- 11 trucks will be delivered free and clear to the buyer.
- If new owner would like to be more involved, there will be saving of 1 manager's salary at $45,000 per year. That will bring the cash flow of the business to over $240K per year.
- Note: the $195k cashflow is actual from 2017. Not taking 2018 growth into account.

This is a cash deal and proof of funds will be requested so detailed data would be given or further negotiation would take place. Please text Joe @ 404.539.7056 or visit www.wesellroutes.com or email info@wesellroutes.com for more information.

About the Business

Year Established:
2006
Number of Employees:
12
Website:
www.wesellroutes.com
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About the Sale

Reason For Selling:
Other interests

Listing Info

ID:
1503139
Ad Detail Views:
5603

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Business Listed by

Miriam Liang, CBI

We Sell Routes

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