7 FedEx Ground Routes For Sale

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Profitable Bay Area FedEx Ground routes for sale
Asking Price:
$690,000

Gross Revenue:
$740,836
Cash Flow:
$241,352
EBITDA:
$241,252
Inventory:
 Not Disclosed

FF&E:
$88,500
included in asking price

Real Estate:
 Not Disclosed

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Business Description

FedEx Ground route business in desirable Silicon Valley. Great service area density including 5 zip code in the Palo Alto/Mountain View area. Hands on seller, willing to stay on to assist and train new buyer for 90 days (longer term negotiable). Full time manager in place with 8 years of experience. All vehicles included in sale, offered free and clear.

SBA Financing is available for this business. See below for estimated loan details:

USE OF PROCEEDS
Business Asking Price (Goodwill + FF&E): $ 690,000
Working Capital: $ 20,000
+ SBA Loan Fees & Closing Costs: $ 14,456
= Total Project Cost: $ 724,456

YOUR PROPOSED LOAN TERMS
Total Project Cost: $ 724,456
Less: Down Payment: $ 181,114 (25%)
= SBA Loan Amount: $ 543,342

Interest Rate: 7.75%
Monthly Payment Amount: $ 6,521
For a Term of: 10 years

About the Business

Year Established:
2017
Number of Employees:
8 including mng
Home Based:
Yes
Franchise:
Yes
Facilities:
Business operates out of local FedEx terminal. Vehicles are garaged free of charge inside terminal.
Website:
sellmyroutes.com
Market Outlook/
Competition:
Contractually protected customer service area.
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About the Sale

Reason For Selling:
Other investment opportunities
Training/Support:
Seller will provide a 90 day training period to assist with buyer transition.

Listing Info

ID:
1552921
Ad Detail Views:
712

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$
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Business Listed by

Chris Holzgraf

Premier Route Consulting
License# 201213269

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