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14 FedEx Home & Ground Routes, 14 Leased Delivery Vehicles King County, Washington State

*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.

FedEx Home & Ground Delivery Routes for sale $1,220,000. Currently grossing $1,716,000 and Nets $407,000 per year as an owner of the business. Includes 14 FedEx Home & Ground Routes 14 Leased FedEx Delivery Vehicles, and 16 employees in place willing to transfer with the business. This business operates out of a King County, Washington State Hub and currently has 14 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 State. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Deal Recap:
2018 Gross Income: $1,716,000
Purchase Price: $1,220,000
2018 Cash Flow: $407,000

SBA financing IS available for this transaction in the amount of $905,625 

What Does Financing do for you:
Example:  7.25% 10 year Amortization
Equity Investment: $ 315,000
SBA Loan: $ 905,000

Working Capital: $ 20,000
SBA Guarantee Fee: $ 27,750
Closing Costs: $ 10,000
Total SBA Loan: $ 962,750Monthly SBA Debt Service: $11,303Current cash flow: $407,000
Annual SBA debt service: $135,633
Cash Flow Net of Debt Service:$271,367
Cash on Cash Return: 86.15%