12 FedEx Home & Ground Routes, 13 FedEx Vehicles Milwaukee, WI Area

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ISP Compliant! EXPERIENCED MANAGER!
Asking Price:
$1,000,000

Gross Revenue:
$1,084,000
Cash Flow:
$334,000
EBITDA:
$334,000
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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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 $265,000 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.

https://secure.rightsignature.com/templates/8ff357b6-fe5a-4598-9c2c-5c7190ed73fb/template-signer-link/79f2fda081d98b7e0afc16fce9dc2a6d

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

ISP Compliant, EXPERIENCED MANAGER!

Deal Recap:
2018 Gross Income: $1,030,000
Next Twelve Months Gross Income: $1,084,000
Purchase Price: $1,000,000
2018 Cash flow: $294,000
Next Twelve Months Cash Flow: $334,000+
Vehicle Value: $150,000
12 FedEx Home & Ground Routes, 13 FedEx Delivery Vehicles in Greater Milwaukee, WI Area.

FedEx Home & Ground Delivery Routes for sale $1,000,000. Currently grossing $1,084,000 and Nets $334k+ per year as an owner of the business. Includes 12 FedEx Home & Ground Routes 13 FedEx Delivery Vehicles worth an estimated $150k, and 12 employees in place willing to transfer with the business. This business operates out of a Greater Milwaukee, WI Area Hub and currently has 12 Drivers and One Manager on staff. 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 Wisconsin. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $735,000.

What Does Financing do for you:

Example:
25% Down
8.25% 10 year Amortization

Equity Investment: $ 265,000
SBA Loan: $ 735,000
Working Capital: $ 25,000
SBA Guarantee Fee: $ 22,800
Closing Costs: $ 10,000
Total SBA Loan: $ 792,800

Monthly SBA Debt Service: $9,724

Current cash flow: $334,000+
Annual SBA debt service: $116,687
Cash Flow Net of Debt Service: $217,313

Cash on Cash Return: 82.61%

About the Business

Location:
Milwaukee, Wisconsin
Number of Employees:
13
Facilities:
Trucks are garaged at FedEx Delivery Hub 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. E-Commerce currently makes up 9% of Retail sales, analysts believe this will grow by 35% through 2021. Analysts expectations are for FedEx Ground to continue to grow at an average of 13+%/year for the next 5 years.
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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:
1648090
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  NDA (106 KB)
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Business Listed by

Darin Jerger

Aegis Investment Group, LLC

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