Asking Price: $1,765,000 Gross Revenue: $2,016,564Cash Flow: $537,886 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $390,000 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 4 Routes - 1 Dedicated and 4 Unassigned averaging a total of about 22,000 miles per week. Excellent contract term and a high number of points on each route. Includes, 6 x 2018 Freightliner Tractors,at a total value of $390,000, with low mileage, and 10 drivers. Projected revenue for next 12 months is $2,016,564 with a net of approximately $537,886 Asking $1,765,000.
About the Business
Number of Employees:
Started 2005 and has grown to multiple routes.Seller has other business interests and wishes to sell a portion of their routes. The business can be operated from a home office. Will train for 2 weeks at no cost.
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. Owner could live anywhere in Southern California. Very good return on investment for a modest effort.
FedEx Line Haul - 5 Routes - 1 Dedicated and 4 Unassigned
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