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13 FedEx Ground Routes, 16 Vehicles in Denver, Colorado

*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 $275,000.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

Purchase Price: $1,040,000
100% ISP Compliant.
Two Managers (Opportunity for $65k Increased Cash flow with one Manager)

Deal Recap:
2017 Gross Income: $1,331,000
Next Twelve Months Gross Income: $1,470,000
Purchase Price: $1,040,000
2017 Cash Flow: $240,000+

Next Twelve Months Cash Flow: $300,000+
Vehicle Value: $250,000

SBA financing IS available for this transaction in the amount of $765,000.
25% Down 7.75% 10 year Amortization
Equity Investment: $ 275,000
SBA Loan: $ 765,000
Working Capital: $ 30,000
SBA Guarantee Fee: $ 23,850
Closing Costs: $ 10,000
Total SBA Loan: $ 828,850

Monthly SBA Debt Service: $9,947
Current cash flow: $300,000
Annual SBA debt service: $119,365
Cash Flow Net of Debt Service: $180,635
Cash on Cash Return: 65.69%

FedEx Ground Delivery Routes for sale $1,040,000. Currently grossing $1,470,000 and Nets $300k+ per year as an owner of the business. Net of $360k+ with Owner Participation and One Manager. Includes 13 FedEx Ground Routes 16 FedEx Delivery Vehicles worth an estimated $250k, and 14 employees in place willing to transfer with the business. This business operates out of a Denver, Colorado Hub and currently has 13 Drivers and two Managers 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 Colorado. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!