22 FedEx Home & Ground Routes, 38 FedEx Vehicles in Southern Colorado

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100% Overlap! One GM and Two Asst. Mgrs! Increase of $342,000 CF from Contract
Asking Price:
$2,200,000

Gross Revenue:
$3,400,000
Cash Flow:
$800,000
EBITDA:
$800,000
Inventory:
 Not Disclosed

FF&E:
$500,000
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 $580,000 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/a4218dab-01f9-4cc2-81dd-37e722475407/template-signer-link/d4195f3a66ec17ae47f805e0eaead87d

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

100% Overlap and 100% ISP Compliant
One GM and Two Asst. Driving Managers
Increase of $342,000 in Cash flow from newly negotiated Contract!

Deal Recap:
2018 Gross Revenue: $2,700,000
Next Twelve Months Gross Income: $3,400,000
Purchase Price: $2,200,000
2018 Cash Flow: $561,000+
Next Twelve Months Cash Flow: $800,000+
Vehicle Value: $500,000
22 FedEx Home & Ground Routes, 38 FedEx Delivery Vehicles in Southern Colorado.

FedEx Home & Ground Delivery Routes for sale $2,200,000. Currently grossing $3,400,000 and Nets $800k+ per year as an owner of the business. Includes 22 FedEx Home & Ground Routes 38 FedEx Delivery Vehicles worth an estimated $500k, and 30+ employees in place willing to transfer with the business. This business operates out of a Southern Colorado Hub and currently has 30 Drivers and three Managers 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 Colorado. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $1,625,000.

What Does Financing do for you:

Example:
25% Down, 8.25% 10 year Amortization

Equity Investment: $ 580,000
SBA Loan: $ 1,625,000
Working Capital: $ 50,000
SBA Guarantee Fee: $ 50,100
Closing Costs: $ 20,000
Total SBA Loan: $ 1,740,100

Monthly SBA Debt Service: $21,343

Current cash flow: $800,000+
Annual SBA debt service: $256,113
Cash Flow Net of Debt Service: $543,887

Cash on Cash Return: 93.77%

About the Business

Location:
Colorado
Year Established:
1995
Number of Employees:
30
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:
1648175
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  NDA (105 KB)
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Business Listed by

Darin Jerger

Aegis Investment Group, LLC

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