Asking Price: $350,000 Gross Revenue: $607,436Cash Flow: Not DisclosedEBITDA: $98,548Inventory: Not Disclosed FF&E: $170,000 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.
3 FedEx Ground linehaul runs based out of CO. 2 assigned runs, 1 unassigned run. Grossed over $600k in 2018, and nets $98k after all expenses are paid. 5 trucks come free and clear at closing valued at more than $170k. Average weekly mileage 9,500+ This is a great opportunity to expand this operation with 2 extra trucks in the fleet a Buyer could put those to work!
Principals only! Seller request that all Buyers furnish proof of funds of $350,000.00 and have a signed NDA in place prior to any additional information being released. Please ask for Adam or Megan. Please allow 24 hours to hear from us.
About the Business
Number of Employees:
The trucks are stored at the station when they are not out on the road. The Contractor works from their home office and is on stand by if any issues come up. Once a month the terminal holds a safety meeting. Drivers typically leave out Tuesday and return over the weekend. Monday's are maintenance days where the trucks are prepared for the upcoming week.
3 main competitors: 1-USPS 2-UPS 3-Amazon There is so much freight to be moved this list one day will be longer. But for right now these are the big three "competitors." FedEx moves a lot of packages for the post office, and the Amazon volume is less than 3% to 4% of the overall volume at FedEx Ground.
Growth & Expansion:
Contractors can buy out other Contractors to expand their operation. FedEx Ground typically does not want a Contractor to own more than 10% of a terminal volume.
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