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12 FedEx Home & Ground Routes, 15 FedEx Delivery Vehicles in Wayne County, Michigan

*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 $350,000 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: $1,300,000
100% Overlap & ISP Compliant
Two Managers

Deal Recap:
Next Twelve Months Gross Income: $1,445,000
Purchase Price: $1,300,000
Next Twelve Months Cash Flow: $430,000+
Vehicle Value: $250,000
12 FedEx Home & Ground Routes, 15 FedEx Delivery Vehicles in
Wayne County, MI. Plus the assumption of 1 vehicle loan

SBA financing IS available for this transaction in the amount of $945,000
25% Down 8.00% 10 year Amortization
Equity Investment: $ 350,000
SBA Loan: $ 945,000
Working Capital: $ 50,000
SBA Guarantee Fee: $ 30,000
Closing Costs: $ 20,000
Total SBA Loan: $ 1,050,000

Monthly SBA Debt Service: $12,739
Current cash flow: $430,000
Annual SBA debt service: $152,873
Cash Flow Net of Debt Service: $277,127

Cash on Cash Return: 79.18%

FedEx Home & Ground Delivery Routes for sale $1,300,000, Plus the assumption of 1 vehicle loan. Currently grossing $1,445,000 and Nets $430k+ per year as an owner of the business. Includes 12 FedEx Home & Ground Routes 15 FedEx Delivery Vehicles worth an estimated $250k, and 14 employees in place willing to transfer with the business. This business operates out of a Wayne County Michigan Hub and currently has 12 Drivers and TWO Managers 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 Washington. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!