FEDEX ISP CONTRACT BOSTON METRO AREA

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OVERLAP DONE/ EXCELLENT AREA!
Asking Price:
$600,000
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Gross Revenue:
$800,000
Cash Flow:
$200,000
(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 02 full zip codes!!
Big cities with high density stops. (Boston metro area)
Terminal located about 15-20 minutes from delivery areas.
Right now, operated with 04 full time drivers running around 700 stops daily.
Starting july 14th, we’ll have additional 3 drivers with expansion to GROUND side!
Exclusivity in 02 heavy zip codes...all residential and all businesses!
Total contract number will be around 1000 stops daily!
This package sale includes 07 step vans (paid off) and 01 straight Truck designated to large pickups.

Packages delivery business is growing average 15-20% every year, this áreas specially with new Casino in one of this Zip codes included in contract.
Seller can provide all costs, settlements and contract information, cash flow if buyer have proof of funds.

About the Business

Year Established:
2008
Number of Employees:
07 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 , running in the same terminal, 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 with same size
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:
704

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Business Listed by
Carlos

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U.S. Census Data for Middlesex County, MA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Middlesex County, MA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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