*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 $420,000 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.
If you buy a FedEx Business between now and September 27, 2020 using SBA Financing, The SBA will make your first 6 payments!
On an SBA loan for this Purchase, that works out to be $86,000 Extra CASH in your Pocket!
SBA DEBT RELIEF – COVID 19
FedEx is an Essential business during the COVID-19 Crisis.
Due to the crucial role FedEx plays in moving supply chains and delivering critical relief, FedEx is considered an essential business and is allowed to continue to operate under state of emergency and shelter in place orders recently issued in the U.S.
FedEx Ground ISPs, and their employees, are delivering life preserving and lifesaving packages daily across the United States.
|Purchase Price: $1,600,000,|
100% OVERLAP, EXPERIENCED MANAGER!
COVID 19 INCREASE in Volume of 73%
2019 Gross Revenue: $1,284,000
TTM Gross Revenue: 1,636,000
Next Twelve Months Gross Revenue: $1,840,000+
Purchase Price: $1,600,000
Next Twelve Months Cash Flow: $530,000+
Vehicle Value: $200,000
11 FedEx Home & Ground Routes, 12 FedEx Delivery Vehicles in Pierce County, WA.
|SBA financing IS available for this transaction in the amount of $1,180,000.|
What Does Financing do for you:
6.00% 10 year Amortization
Equity Investment: $ 420,000
SBA Loan: $ 1,180,000
Working Capital: $ 30,000
SBA Guarantee Fee: $ 36,300
Closing Costs: $ 20,000
Total SBA Loan: $ 1,266,300
Monthly SBA Debt Service: $14,059
Current cash flow: $ 530,000+
Annual SBA debt service: $168,702
Cash Flow Net of Debt Service: $361,298
Cash on Cash Return: 86.02%
Buy a profitable business! FedEx Home & Ground Delivery Routes for sale $1,600,000. Currently grossing $1,850,000 and Nets $530k+ per year as an owner of the business. Includes 11 FedEx Home & Ground Routes 12 FedEx Delivery Vehicles worth an estimated $200k, and 19 employees in place willing to transfer with the business. This business operates out of a Pierce County, WA Hub and currently has 18 FT & PT Drivers and One Manager on staff. 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. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!