*SALE PENDING* 10 FedEx Routes, 11 Vehicles Greater Dallas, TX area

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Asking Price:
$1,200,000

Gross Revenue:
$1,223,000
Cash Flow:
$400,000
EBITDA:
$400,000
Inventory:
 Not Disclosed

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

*SALE PENDING*

Please complete the attached NDA now and Fax to 877-311-0970, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $320,000 downpayment for the purchase.

OR

COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.

https://secure.rightsignature.com/templates/a2d05492-d66d-40e5-afea-bd476fbacc15/template-signer-link/711b48996b08ddbeea9eb6ebb39bd819

Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.

ISP Compliant, 100% OVERLAP! HUGE GROWTH AREA!
EXPERIENCED MANAGER!

Deal Recap:
2018 Gross Income: $1,020,000
Next Twelve Months Gross Income: $1,223,000
Purchase Price: $1,200,000
Next Twelve Months Cash Flow: $400,000+
Vehicle Value: $200,000
10 FedEx Home & Ground Routes, 11 FedEx Delivery Vehicles Greater Dallas, TX Area.

FedEx Home & Ground Delivery Routes for sale $1,200,000. Currently grossing $1,223,000 and Nets $400k+ per year as an owner of the business. Includes 10 FedEx Home & Ground Routes, 11 FedEx Delivery Vehicles worth an estimated $200k, and 11 employees in place willing to transfer with the business. This business operates out of a Greater Dallas, TX Area Hub and currently has 10 Drivers and One Manager on staff. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is Texas. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $880,000.

What Does Financing do for you:

Example:
25% Down
8.25% 10 year Amortization

Equity Investment: $ 320,000
SBA Loan: $ 880,000
Working Capital: $ 37,000
SBA Guarantee Fee: $ 27,510
Closing Costs: $ 15,000
Total SBA Loan: $ 959,510

Monthly SBA Debt Service: $11,769

Current cash flow: $400,000+
Annual SBA debt service: $141,224
Cash Flow Net of Debt Service: $258,776

Cash on Cash Return: 80.87%

About the Business

Location:
Dallas, Texas
Number of Employees:
11
Facilities:
Trucks are garaged at FedEx Delivery Hub free of charge.
Market Outlook/
Competition:
The competition for FedEx Ground is USPS and UPS.
Growth & Expansion:
The growth of the business is linked to the growth of FedEx as a whole. FedEx Ground & Home delivery are the strongest segments of the FedEx Family. FedEx Ground & Home delivery have been driven by the boom in E-Commerce, which experts agree will continue indefinitely. E-Commerce currently makes up 9% of Retail sales, analysts believe this will grow by 35% through 2021. Analysts expectations are for FedEx Ground to continue to grow at an average of 13+%/year for the next 5 years.
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About the Sale

Reason For Selling:
Other Interests, Retirement
Training/Support:
Seller is willing to stay on for 30-45 days, subject to negotiation.

Listing Info

ID:
1644862
Ad Detail Views:
2043

Attached Files Attachment Disclaimer

  NDA (106 KB)
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Business Listed by

Darin Jerger

Aegis Investment Group, LLC

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