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9 FedEx Ground Routes, 12 FedEx Vehicles in San Jose, CA

*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 $247,500. down payment as your Proof of Funds. Upon receipt of NDA and FUNDS VERIFICATION, the due diligence material will be emailed to you in a link to Box

Additional $17,329 Increased Cash Flow from Large Package Mix Revenue as of 6/18
Immediate Raise of $.15/stop = $29,443/year given.

Deal Recap: 2017 Gross Income: $854,000
Next Twelve Months Gross Income: $930,000
Purchase Price: $950,000
Next Twelve Months Cash Flow: $270,000
Vehicle Value: $190,000

Financing: SBA financing IS available for this transaction in the amount of $702,500.
Example: 25% Down 7.50% 10 year Amortization

Equity Investment: $ 247,500
SBA Loan: $ 702,500
Working Capital: $ 20,000
SBA Guarantee Fee: $ 21,675
Closing Costs: $ 10,000
Total SBA Loan: $ 754,175
Monthly SBA Debt Service: $8,952
Current cash flow: $270,000
Annual SBA debt service: $107,426
Cash Flow Net of Debt Service: $162,574
Cash on Cash Return: 65.69%

FedEx Home & Ground Delivery Routes for sale $950,000. Currently grossing $930,000 and Nets $270,000 per year as an owner of the business. Includes 9 FedEx Ground Routes 12 FedEx Delivery Vehicles worth an estimated $190k, and 10 employees in place willing to transfer with the business. This business operates out of a San Jose, California 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 California. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!