FedEx P&D Runs For Sale - Richmond Hill/Jamaica Queens, NY
Business Description
FedEx P&D Runs For Sale - Richmond Hill/Jamaica Queens, NY
Established FedEx Pickup and Delivery Operation - Queens, NY
This well-established logistics operation represents a turnkey opportunity in the Queens market, serving the Ozone Park, Richmond Hill & Jamaica Queens territories. The business has maintained continuous operations for 14 years, demonstrating proven market stability and operational excellence.
Operational Overview:
The enterprise operates 13 dedicated pickup and delivery routes supported by a complete infrastructure including nine experienced drivers & 13 commercial vehicles & 5 spares valued at $370,000. This comprehensive operational framework ensures seamless service delivery and revenue continuity.
Financial Performance:
With net earnings of $688,858.89, the asking price of $1,995,000 reflects a reasonable 2.35x earnings multiple, positioning this as an attractive investment opportunity in the transportation sector.
Asset Portfolio:
The fleet consists of 18 commercial trucks with a current market value of $370,00. One outstanding loan balance of $100,000 exists on the vehicle portfolio, which is excluded from the purchase price, providing transparency in the transaction structure.
Location Advantages:
Strategically positioned in Queens, New York, the operation serves densely populated residential and commercial areas with consistent shipping demand. The established route structure and customer base provide immediate market penetration and revenue generation capability.
Financing Options:
Qualified buyers may access conventional bank financing, and the business meets SBA eligibility requirements, potentially enabling favorable lending terms for acquisition financing.
This opportunity offers immediate entry into the established logistics market with proven revenue streams, experienced personnel, and comprehensive operational infrastructure.
This well-established logistics operation represents a turnkey opportunity in the Queens market, serving the Ozone Park, Richmond Hill & Jamaica Queens territories. The business has maintained continuous operations for 14 years, demonstrating proven market stability and operational excellence.
Operational Overview:
The enterprise operates 13 dedicated pickup and delivery routes supported by a complete infrastructure including nine experienced drivers & 13 commercial vehicles & 5 spares valued at $370,000. This comprehensive operational framework ensures seamless service delivery and revenue continuity.
Financial Performance:
With net earnings of $688,858.89, the asking price of $1,995,000 reflects a reasonable 2.35x earnings multiple, positioning this as an attractive investment opportunity in the transportation sector.
Asset Portfolio:
The fleet consists of 18 commercial trucks with a current market value of $370,00. One outstanding loan balance of $100,000 exists on the vehicle portfolio, which is excluded from the purchase price, providing transparency in the transaction structure.
Location Advantages:
Strategically positioned in Queens, New York, the operation serves densely populated residential and commercial areas with consistent shipping demand. The established route structure and customer base provide immediate market penetration and revenue generation capability.
Financing Options:
Qualified buyers may access conventional bank financing, and the business meets SBA eligibility requirements, potentially enabling favorable lending terms for acquisition financing.
This opportunity offers immediate entry into the established logistics market with proven revenue streams, experienced personnel, and comprehensive operational infrastructure.
Listing Info
- ID
- 2513065
- Listing Views
Listing ID: 2513065 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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