Asking Price: $475,000 Gross Revenue: $930,197Cash Flow: $15,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $130,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
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.
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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