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Not Available *5 FedEx Local Linehaul & SPOT Routes, Oakland County, Michigan. Asking Price: $650,000 Cash Flow: $231,000

*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 $375,000 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.

Deal Recap: Gross Income: $921,000
Purchase Price: $650,000
2018 Cash Flow: $231,00
Vehicle Value: $150,000

(6 Vehicles available for purchase at$150,000

Not included in the sales price)

What Does Financing do for you?
Example: 7.25% 10 year Amortization
Equity Investment: $ 275,000
SBA Loan: $ 375,000

Working Capital: $ 20,000
SBA Guarantee Fee: $ 11,850
Closing Costs: $ 15,000
Total SBA Loan: $ 421,850

Monthly SBA Debt Service: $4,952

Current cash flow: $231,000
Annual SBA debt service: $59,430
Cash Flow Net of Debt Service: $172,569

Cash on Cash Return: 46.02%

5 FedEx Local Linehaul & SPOT Routes Oakland County, MI for sale $650,000. Currently grossing $921,000 and Nets $231,000 per year as an owner of the business.  Includes 5 FedEx Linehaul Routes and 6 FedEx tractors available for purchase for $150k.  Business comes with 5 employees in place who are willing to transfer with the business.  This business operates out of two Michigan Hubs and currently has 5 CDL Drivers.  Seller manages the business about 20 hours weekly and has been the MAX owner time commitment.   Seller is hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation.  FedEx pays weekly!  Excellent Predictable Cash Flow at a Great Price!