*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 $360,000 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.
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: $1,375,000,|
70% Increase in Volume from COVID 19
Trailing Twelve Months Gross Income: $ 1,300,000
Next Twelve Months Gross Income: $1,725,000
Purchase Price: $1,375,000;
Next Twelve Months Cash Flow: $455,000++
Vehicle Value: $200,000
14 FedEx Home & Ground Routes, 17 FedEx Delivery Vehicles in Eastern Iowa.
|SBA financing IS available for this transaction in the amount of $1,015,000|
What Does Financing do for you:
25% Down, 6.0% 10 year Amortization
Purchase Price $1,375,000
Equity Investment: $ 360,000
SBA Loan: $ 1,015,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 31,050
Closing Costs: $ 15,000
Total SBA Loan: $ 1,081,050
Monthly SBA Debt Service: $ 12,002
Current cash flow: $ 455,000++
Annual SBA debt service: $ 144,022
Cash Flow Net of Debt Service: $ 310,978
Cash on Cash Return: 86.38%
Buy a profitable business! FedEx Home & Ground Delivery Routes for sale $1,375,000. Currently grossing $1,725,000 and Nets $455k++ per year as an owner of the business. Includes 14 total FedEx Home & Ground Routes 17 FedEx Delivery Vehicles worth an estimated $200k, and 15 employees (FT & PT) in place willing to transfer with the business. This business operates out of an Eastern Iowa Hub and currently has 14 Drivers and One Manager, 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 Iowa. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!