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11 FedEx Home & Ground Routes, 15 FedEx Vehicles in Eastern Iowa

*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 $270,000 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.com

Sign Document

Purchase Price: $1,025,000
100% Overlap & ISP Compliant, HUGE 10%+ STOP GROWTH!
EXPERIENCED MANAGER!

Deal Recap:
2018 Gross Income: $930,000
Next Twelve Months Gross Income: $1,033,000
Purchase Price: $1,025,000
2018 Cash flow: $310,000
Next Twelve Months Cash Flow: $342,000+
Vehicle Value: $200,000
11 FedEx Home & Ground Routes, 15 FedEx Delivery Vehicles in Eastern Iowa.

SBA financing IS available for this transaction in the amount of $755,000.

What Does Financing do for you:

Example:
25% Down
8.25% 10 year Amortization

Equity Investment: $ 270,000
SBA Loan: $ 755,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 23,250
Closing Costs: $ 10,000
Total SBA Loan: $ 808,250

Monthly SBA Debt Service: $9,913

Current cash flow: $342,000+
Annual SBA debt service: $118,961
Cash Flow Net of Debt Service: $223,039

Cash on Cash Return: 82.61%

FedEx Home & Ground Delivery Routes for sale $1,025,000. Currently grossing $1,033,000 and Nets $342k+ per year as an owner of the business. Includes 11 FedEx Home & Ground Routes 15 FedEx Delivery Vehicles worth an estimated $200k, and 12 employees in place willing to transfer with the business. This business operates out of an Eastern Iowa Hub and currently has 11 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 Eastern Iowa. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!