Posted on

SOLD *11 FedEx Home & Ground Routes, 14 FedEx Vehicles-Denver Colorado. Asking Price: $1,100,000 – Cash Flow: $365,000

*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 $290,000 down payment as your Proof of Funds. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Dropbox link.

Deal Recap:
Gross Income: $1,062,000
Purchase Price: $1,100,000
2017 Cash Flow: $365,000
Vehicle Value: $280,000

SBA financing IS available for this transaction in the amount of $810,000.
Example: 7.00% 10 year Amortization
Equity Investment: $290,000

SBA Loan: $810,000
Working Capital: $20,000
SBA Guarantee Fee: $ 24,900
Closing Costs: $15,000
Total SBA Loan: $869,900
Monthly SBA Debt Service: $10,100 Current cash flow: $365,000
Annual SBA debt service: $121,203
Cash Flow Net of Debt Service: $243,797
Cash on Cash Return: 84.07%

FedEx Home & Ground Delivery Routes for sale $1,100,000. Currently grossing $1,062,000 and Nets $365,000 per year as an owner of the business. Includes 11 FedEx Home & Ground Routes and 14 FedEx Delivery Vehicles worth an estimated $240k, and 12 employees in place willing to transfer with the business. This business operates out of a Denver Colorado Hub and currently has 11 Drivers and a Manager in place, 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 Denver Colorado. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!