*You may fill out and sign the NDA online by clicking on the Sign Document button below or you may Fax to 877-530-7727, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $575,000 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: $2,300,000; Inclusive of vehicle premium with 60% of the fleet < 3 years aged. All vehicles Free and Clear at close!
100% ISP Compliant,
Next Twelve Months Gross Income: $2,300,000+
Purchase Price: $2,300,000
Next Twelve Months Cash Flow: $741,000+
Vehicle Value: $300,000
13 FedEx Home & Ground Routes, 13 FedEx Delivery Vehicles in Montgomery County, MD.
FedEx Ground Delivery Routes for sale $2,300,000. Currently grossing $2,300,000 and Nets $741k+ per year as an owner of the business. Includes 13 FedEx Home & Ground Routes 13 FedEx Delivery Vehicles worth an estimated $300k, and 16 employees in place willing to transfer with the business. This business operates out of a Maryland Hub and currently has 15 Drivers and One 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 Montgomery County, Maryland. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $1,705,000.
What Does Financing do for you:
6.00% 10 year Amortization
Equity Investment: $ 595,000
SBA Loan: $ 1,705,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 51,750
Closing Costs: $ 40,000
Total SBA Loan: $ 1,816,750
Monthly SBA Debt Service: $20,169
Current cash flow: $ 741,000
Annual SBA debt service: $ 242,035
Cash Flow Net of Debt Service: $ 499,630
Cash on Cash Return: 83.97%