*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 $270,000 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.
|Purchase Price: $1,025,000, plus |
assumption of 4 truck loans.
100% ISP Compliant, 100% Overlap
GM & ASST. MANAGER!
2019 Gross Income: $903,000
Next Twelve Months Gross Income: $1,300,000
Purchase Price: $1,025,000, plus assumption of 4 Truck Loans,
Next Twelve Months Cash Flow: $340,000+
Vehicle Value: $200,000
12 FedEx Home & Ground Routes, 14 FedEx Delivery Vehicles in Oakland Co. MI.
|SBA financing IS available for this transaction in the amount of $755,000. |
What Does Financing do for you?
Example: 25% Down
7.50% 10 year Amortization Equity Investment: $ 270,000
SBA Loan: $ 755,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 23,250
Closing Costs: $ 15,000
Total SBA Loan: $ 813,250
Monthly SBA Debt Service: $9,653
Current cash flow: $340,000+
Annual SBA debt service: $115,841
Cash Flow Net of Debt Service: $224,159
Cash on Cash Return: 83.02%
Buy a profitable business! FedEx Ground Delivery Routes for sale $1,025,000. Currently grossing $1,300,000 and Nets $340k+ per year as an owner of the business. Includes 12 FedEx Home & Ground Routes 14 FedEx Delivery Vehicles worth an estimated $200k, (4 truck loans to be assumed) and 15 employees in place willing to transfer with the business. This business operates out of a Maryland Hub and currently has 13 Drivers, One GM and One ASST. 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 Oakland County, MI. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!