Posted on

9 FedEx Home & Ground Routes and 14 Vehicles in Washington State, King Co. Asking Price: $705,000 – Cash Flow: $235,000

*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 $185,000 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.

Deal Recap:
Gross Income: $855,000
Purchase Price: $705,000
2017 Cash Flow: $235,000
Vehicle Value: $280,000

SBA financing IS available for this transaction in the amount of $520,000.
Example: 6.75% 10 year Amortization
Equity Investment: $185,000

SBA Loan: $520,000
Working Capital: $15,000
SBA Guarantee Fee : $16,050
Closing Costs: $10,000
Total SBA Loan: $561,050
Monthly SBA Debt Service: $6,442
Current cash flow: $283,570
Annual SBA debt service: $77,306
Cash Flow Net of Debt Service: $158,263
Cash on Cash Return: 85.55%

9 FedEx Home & Ground Delivery Routes for sale $705,000. Routes are 50% 2021 Overlap Compliant. Currently grossing $855,000 and Nets $235,000 per year as an owner of the business. Includes 9 FedEx Home & Ground Routes and 14 FedEx Delivery Vehicles worth an estimated $280k, and 10 employees in place willing to transfer with the business. This business operates out of a Washington Hub and currently has 9 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 Washington State. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!