FedEx Line Haul - 2 Dedicated Routes 3 Trucks - Hartford CT

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FedEx Line Haul - 2 Dedicated Routes 3 Trucks - Hartford CT
Asking Price:
$475,000

Gross Revenue:
$930,197
Cash Flow:
$15,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$130,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

FedEx Line Haul Business available in Hartford CT. 2 Dedicated routes averaging a total of about 10,895 miles per week. Includes 3 late model tractors with long term crews. 2018 revenue $930,197 with a net of approximately $150,000. Asking $475,000 SBA Financing possible.

About the Business

Location:
Hartford, Connecticut
Year Established:
2011
Number of Employees:
4
Facilities:
Seller started business in 2011. Seller works a modest amount of hours per week and the business could be operated from a home office. Will train for 2 weeks at no cost. Seller wishes to retire. Value of all equipment is approximately $130,000.
Market Outlook/
Competition:
Competition is limited to other contract owners. FedEx negotiates new rates yearly and historically with increases. As long as you perform in accordance with the contracts, renewal is generally not an issue.
Growth & Expansion:
Expansion of the business could be achieved by adding trucks and purchasing other existing contracts. Great business for the entrepreneur that does not want to work long hours. Very good return on investment for a modest effort. Great add on to existing FedEx business.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1382152
Ad Detail Views:
2604

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Business Listed by

Marshall Pollock

Transworld Business Advisors
License# BRE # 01100886

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