*You may fill out and sign the NDA online by clicking on the Sign Document button below or you may 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 $140,000 down payment as your Proof of Funds. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a link to Box.
Gross Income: $1,342,000
Purchase Price: $945,000
2018 Cash Flow: $315,000
Vehicle Value: $446,000 What Does Financing do for you?
Example: 7.00% 10 year Amortization
Equity Investment: $ 247,000
SBA Loan: $699,000
|Working Capital: $20,000
SBA Guarantee Fee: $21,570
Closing Costs: $10,000
Total SBA Loan: $750,570
Monthly SBA Debt Service: $8,714
Current cash flow: $315,000
Annual SBA debt service: $104,577
Cash Flow Net of Debt Service: $210,423
Cash on Cash Return: 85.19%
11 FedEx Ground Routes and 12 FedEx Delivery Vehicles in Baltimore County, Maryland. 12 Vehicle loans to be assumed. Total vehicle Value $446,000.
Financing: SBA financing MAY be available for this transaction in the amount of $699,000, for very well qualified buyers.