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4 Unassigned FedEx Linehaul Routes Forsyth County, NC; 4 Tractors

*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 $127,500 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: $450,000

Deal Recap:
2018 Gross Income: $601,903
2019 Projected Gross Income: $600,000
Purchase Price: $450,000, Plus assumption of Leased Tractor
2018 Cash flow: $150,000
2019 Projected Cash Flow: $150,000
Vehicle Value: $90,000
4 Unassigned FedEx Linehaul Routes Forsyth County, North Carolina;
4 Tractors. Includes One Tractor lease to be assumed.

SBA financing IS available for this transaction in the amount of $322,500.

What Does Financing do for you:

Example:
8.25% 10 year Amortization

Equity Investment: $ 127,500
SBA Loan: $ 322,500
Working Capital: $ 20,000
SBA Guarantee Fee: $ 12,275
Closing Costs: $ 10,000
Total SBA Loan: $ 362,775

Monthly SBA Debt Service: $4,450

Current cash flow: $150,000
Annual SBA debt service: $53,394
Cash Flow Net of Debt Service: $96,606

Cash on Cash Return: 75.77%

4 Unassigned FedEx Linehaul Routes Forsyth County, North Carolina for sale $450,000. Currently grossing $600,000 and Nets $150,000 per year as an owner of the business. Includes 4 Unassigned FedEx Linehaul Routes and 3 FedEx tractors worth an estimated $90k, and 4 employees in place willing to transfer with the business. This business operates out of a Forsyth County Hub and currently has 4 CDL Drivers in place, Seller manages business; 18 hours weekly is owner 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!