*SALE PENDING* 10 FedEx Routes, 11 Vehicles Greater Dallas, TX area
included in asking price
Share this business:
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.
COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.
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!
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:
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
Contact the Seller
- Dallas, Texas
- Number of Employees:
Trucks are garaged at FedEx Delivery Hub free of charge.
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.
About the Sale
- Reason For Selling:
Other Interests, Retirement
Seller is willing to stay on for 30-45 days, subject to negotiation.
- Ad Detail Views:
NDA (106 KB)