*Revised Projections! 2017 Year to Date up 8.04% over 2016. $571,601 Proforma Income 9/1/17-8/31/18. $177,000 Proforma Cash Flow. $530,000 Value for $450,000 purchase.
*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 $120,000 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: $571,000
Purchase Price: $450,000
2017 Cash Flow: $150,000
Vehicle Value: $180,000
SBA financing IS available for this transaction in the amount of $330,000.
|SBA Loan: $ 330,625
Working Capital: $ 10,000
SBA Guarantee Fee: $ 10,218
Closing Costs: $ 7,500
Total SBA Loan: $ 358,344
Monthly SBA Debt Service: $4,161
Current cash flow: $176,000
Annual SBA debt service: $49,928
Cash Flow Net of Debt Service: $126,071
Cash on Cash Return: 105.61%
FedEx Home & Ground Delivery Routes for sale $450,000, plus assumption of one truck lease. Currently grossing $571,000 and Nets $176,000 per year as an owner of the business. Includes 4 FedEx Home & Ground Routes, 1 Supplemental and 8 FedEx Delivery Vehicles (1 lease to be assumed) worth an estimated $180k, and 5 employees in place willing to transfer with the business. This business operates out of a Wyoming Hub and currently has 4 Drivers and a Manager 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 Wyoming. FedEx pays weekly!