*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 $140,500 down payment as your Proof of Funds. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Dropbox link.
Gross Income: $608,000
Purchase Price: $530,000
2017 Cash Flow: $176,000
Vehicle Value: $200,000
SBA financing IS available for this transaction in the amount of $386,000.
|SBA Loan: $ 389,500
Working Capital: $ 10,000
SBA Guarantee: $ 11,985
Closing Costs: $ 10,000
Total SBA Loan: $ 421,485
Monthly SBA Debt Service: $4,786
Current cash flow: $176,000
Annual SBA debt service: $57,431
Cash Flow Net of Debt Service: $118,569
Cash on Cash Return: 84.39%
FedEx Home & Ground Delivery Routes for sale $530,000. Currently grossing $608,000 and Nets $176,000 per year as an owner of the business. Includes 6 FedEx Home & Ground Routes and 11 FedEx Delivery Vehicles worth an estimated $200k, and 7 employees in place willing to transfer with the business. This business operates out of a Maine Hub and currently has 6 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 Maine. Owner has a new three year contract with FedEx as of November 2016, which runs through November 2019. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!