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7 Assigned FedEx Linehaul & SPOT Routes Skagit County, WA; 10 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 $315,000 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.com

Sign Document

Purchase Price: $1,200,000
Opportunity for $300k+ Increased Revenue and $60k+ Increased Cash flow
by Utilization of additional three Tractors with unassigned routes
by hiring three additional CDL drivers

Deal Recap:
2018 Gross Income: $1,599,624
2019 Projected Gross Income: $1,680,000;
$1,980,000+ possible with additional three unassigned routes.
Purchase Price: $1,200,000
2019 Projected Cash Flow: $330,000;
$390,000+ possible with additional three unassigned routes.
Vehicle Value: $350,000
7 Assigned FedEx Linehaul & SPOT Routes Skagit County, Washington; 10 Tractors

SBA financing IS available for this transaction in the amount of $885,000.

What Does Financing do for you:

Example:
8.25% 10 year Amortization

Equity Investment: $ 315,000
SBA Loan: $ 885,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 27,150
Closing Costs: $ 10,000
Total SBA Loan: $ 942,150

Monthly SBA Debt Service: $11,556

Current cash flow: $330,000
Annual SBA debt service: $138,669
Cash Flow Net of Debt Service: $191,331

Cash on Cash Return: 60.74%

7 Assigned FedEx Linehaul & SPOT Routes Skagit County, Washington for sale $1,200,000. Currently grossing $1,680,000/$1,980,000 and Nets $330,000/$390,000 per year as an owner of the business. Includes 7 Assigned FedEx Linehaul & SPOT Routes and 10 FedEx tractors worth an estimated $350k, and 7 employees in place willing to transfer with the business. This business operates out of two Hubs and currently has 7 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!