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17 FedEx Home & Ground Routes, 20 FedEx Delivery Vehicles in Seattle, WA

*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 $705,000.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

Sign Document

Purchase Price: $2,700,000
95% Overlap and 100% ISP Compliant
Two Managers
Increase of $212,000 in Cash flow from newly negotiated Contract!

Deal Recap:
2017 Gross Income: $1,740,980
2018 Gross Revenue: $1,951,496
Next Twelve Months Gross Income: $2,407,000
Purchase Price: $2,700,000
2017 Cash Flow: $602,000+
Next Twelve Months Cash Flow: $900,000+
Vehicle Value: $550,000

SBA financing IS available for this transaction in the amount of $1,995,000.
25% Down, 8.00% 10 year Amortization
Equity Investment: $ 705,000
SBA Loan: $ 1,995,000
Working Capital: $ 50,000
SBA Guarantee Fee: $ 61,350
Closing Costs: $ 20,000
Total SBA Loan: $ 2,126,350

Monthly SBA Debt Service: $25,798
Current cash flow: $900,000
Annual SBA debt service: $309,582
Cash Flow Net of Debt Service: $590,418
Cash on Cash Return: 83.75%

FedEx Home & Ground Delivery Routes for sale $2,700,000. Currently grossing $2,407,000 and Nets $900k+ per year as an owner of the business. Includes 17 FedEx Home & Ground Routes 20 FedEx Delivery Vehicles worth an estimated $550k, 3 truck leases to be assumed, and 19 employees in place willing to transfer with the business. Amazingly new Fleet; Most trucks in the fleet are 5 years old or newer 3 truck leases to be assumed. This business operates out of a Seattle, Washington Hub and currently has 17 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!