*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 $100,000 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.
Gross Income: $460,000
Purchase Price: $310,000
2017 Cash Flow: $103,000
Vehicle Value: $90,000
SBA financing IS available for this transaction in the amount of $210,000.
|SBA Loan: $210,000
Working Capital: $10,000
SBA Guarantee Fee: $6,600
Closing Costs: $7,500
Total SBA Loan: $234,100
Monthly SBA Debt Service: $2,718
Current cash flow: $103,000
Annual SBA debt service: $32,617
Cash Flow Net of Debt Service: $70,383
Cash on Cash Return: 70.38%
3 FedEx Linehaul Routes Northern Virginia; 2 Assigned and One Unassigned, for sale $310,000. Currently grossing $460,000 and Nets $103,000 per year as an owner of the business. Includes 3 FedEx Linehaul Routes, 2 Assigned and One Unassigned, and 3 FedEx tractors worth an estimated $90k, and 3 employees in place willing to transfer with the business. This business operates out of a Northern Virginia Hub and currently has 3 CDL Drivers in place, Seller manages business; 10 hours weekly is time commitment. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!