Asking Price: $1,895,000 Gross Revenue: $1,983,000Cash Flow: $580,446EBITDA: $580,446Inventory: Not Disclosed FF&E: $350,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
16 well-established and highly profitable FedEx GROUND + HD routes based out of VENTURA California. FULLY OVERLAPPED in compliance with new FedEx requirements already. Routes are geographically contiguous, making load sharing among routes efficient. Each route comes with one truck and one experienced driver already in place. Spare trucks possibly available as well. Double digit organic growth forecast. Turnkey and a great opportunity for semi absentee ownership with a full time manager already in place! ISP compliant for size and nearly fully overlapped.
This business is ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary. Very profitable.
About the Business
Number of Employees:
Use of FedEx facility for no charge. Trucks stored at facility. 17 trucks (included in purchase price). Additional trucks possible available for sale as well.
Contractually protected service areas
Growth & Expansion:
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Expect annual growth of 10%+. Growth can also be achieved by adding/purchasing more routes.
16 OVERLAPPED FedEx Ground and HD Routes, Ventura CA
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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
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