*Under Contract* FedEx ISP Contract First Time Offering

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Asking Price:
$1,850,000

Gross Revenue:
$2,012,174
Cash Flow:
$515,381
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$500,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Impressively large and well established CSA (contracted service area) being offered for the first time. The exclusive delivery area is overlapped for Home delivery & Business to Business services; as well as being contiguous. Delivery rights include multiple zip codes. Newly negotiated ISP contract takes effect August 2019. Revenue represented is on ISP contract B-4 the addition of Smart Post and B-4 the peak season projection for 2019 (just released). Now is the time to buy.

Large fleet of delivery vehicles- All newly painted and branded- transfers free & clear with the sale. Well established drivers and manager in place. This is an enormous business opportunity that holds exclusive delivery rights to some of the fastest growing geographic areas in all the Carolina's. There is so much more value to this business than what is disclosed here.

In order to protect confidentiality, location will not be disclosed until prospects have signed NDA and provided a verified Financial disclosure. Business name will be redacted from financial information and only disclosed when an offer of purchase has been accepted. We are currently getting pre-approval for SBA financing to a well qualified buyer that has 30% liquid assets for down payment and additional funds for operating capital.

About the Business

Location:
Mecklenburg County, North Carolina
Year Established:
1985
Number of Employees:
20
Home Based:
Yes
Facilities:
All delivery vehicles are domiciled over night at the secured FedEx terminal.
Website:
www.routeexperts.com
Growth & Expansion:
This geographic area is experiencing enormous growth with both home and business building. Smart Post will double the number of daily deliveries.
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About the Sale

Reason For Selling:
other interests
Training/Support:
owner is open to discussion for continued management and oversight of day to day operations under a negotiated employment agreement. 30-60 days training for transition to new owner.
Seller Financing:
no

Listing Info

ID:
1660546
Ad Detail Views:
842

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$
months
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Business Listed by

Dawn Obarowski

A.F.B.B.B.E, Inc

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Report an Issue 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 & Conditions.