FEDEX ROUTES BOSTON AREA

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OVERLAP DONE/ EXCELLENT AREA!
Asking Price:
$750,000

Gross Revenue:
$1,000,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed

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Business Description

Contract with 04 cities, completely overlap!
Exclusivity in all business and residential.
All zip codes with high density stops. (Boston metro area)
Terminal located about 15-20 minutes from delivery areas.
Right now, operated with 08 full time drivers running around 1200-1400 stops daily.
Ready for sale!!!
This package sale includes 10 step vans and 01 small box truck to management.
06 trucks completely paid, and 04 trucks (01-2016 and 03-2017) recently finananced.
Good start to fleet renovation and avoid mechanic expenses!

Packages delivery business is growing average 15-20% every year.
Contract recently negotiated!
Seller can provide all information, if buyer have proof of funds.

About the Business

Year Established:
2008
Number of Employees:
09 FTE
Franchise:
Yes
Facilities:
Located in Willmington- MA
Market Outlook/
Competition:
Not lot argument needed to talk abou how Online market is growing...
FED->EX is growing fast. (This is one of the reasons they are open new terminals everywhere to support small areas with huge volume of packages!
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About the Sale

Reason For Selling:
Seller currently has 02 contracts with FED->EX, this could help new investor in case of help!
Owner decided to keep only one contract for other investment opportunities, but he will keep other contract in overlap Process!
Training/Support:
Buyer need to be approved by FED->EX and provide all documentation.
Buyer will need a corporation in good standing in Massachusetts.
Seller will provide one month training with his manager.
Gross Revenue
Comments:
Settlements paid by FED->EX GROUND...every friday morning! NO SURPRISES!
Net between 20-30%
Seller Financing:
NO Finance available!

Listing Info

Keywords:
Seller is in the same business for a decade, and will keep the other contract. Market with no crisis/ surprises...people are buying water, fruits, medications, paper towels, dog food, furnitures, gifts, electronics and list is growing with lot physical stores closing day by day.
ID:
1372849
Ad Detail Views:
2800

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Business Listed by
Carlos

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U.S. Census Data for Middlesex County, MA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Middlesex County, MA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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