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8 FedEx Home & Ground Routes,10 FedEx Vehicles in Pittsburgh, PA

*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 $186,250 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.

Sign Document

Deal Recap:
Gross Income: $705,642.
Purchase Price: $700,000.
2017 Cash Flow: $210,000+
Vehicle Value: $150,000

SBA financing IS available for this transaction in the amount of $513,750.
SBA 7.75% 10 year Amortization
Equity Investment: $ 186,250.

SBA Loan: $513,750.
Working Capital: $20,000.
SBA Guarantee Fee: $16,013.
Closing Costs: $15,000.

Total SBA Loan: $564,763.
Monthly SBA Debt Service: $6,778.
Current cash flow: $230,000.
Annual SBA debt service: $81,333

Cash Flow Net of Debt Service: $148,667
Cash on Cash Return: 79.82% AS ABSENTEE OWNER%

FedEx Home & Ground Delivery Routes for sale $700,000. Currently grossing $825,000 and Nets $230k+ per year as an ABSENTEE owner of the business. Includes 8 FedEx Home & Ground Routes 10 FedEx Delivery Vehicles worth an estimated $150k, and 9 employees in place willing to transfer with the business. This business operates out of a Pittsburgh, Pennsylvania Hub and currently has 8 Drivers and an Owner willing to stay as Manager, seller is a hands on owner who is willing to stay to manage YOUR business. Territory for these routes is Pennsylvania. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!