*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 $290,000 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: $1,100,000, plus assumption of 5 Truck loans. |
100% Overlap & ISP Compliant,
2019 Gross Income: $1,160,000
Next Twelve Months Gross Income: $1,425,000
Purchase Price: $1,100,000, plus assumption of 5 Truck loans.
Next Twelve Months Cash Flow: $370,000+
Vehicle Value: $300,000
14 FedEx Home & Ground Routes, 16 FedEx Delivery Vehicles in Oakland CO, MI.
|SBA financing IS available for this transaction in the amount of $810,000. |
What Does Financing do for you?
Example: 25% Down
7.50% 10 year Amortization Equity Investment: $ 290,000
SBA Loan: $ 81,000
Working Capital: $ 25,000
SBA Guarantee Fee: $ 25,050
Closing Costs: $ 10,000
Total SBA Loan: $ 870,050
Monthly SBA Debt Service: $10,328
Current cash flow: $370,000+
Annual SBA debt service: $123,932
Cash Flow Net of Debt Service: $246,068
Cash on Cash Return: 84.85%
Buy a profitable business! FedEx Home & Ground Delivery Routes for sale $1,100,000, plus assumption of 5 Truck loans. Currently grossing $1,425,000 and Nets $370k+ per year as an owner of the business. Includes 14 FedEx Home & Ground Routes 16 FedEx Delivery Vehicles worth an estimated $300k, and 15 employees in place willing to transfer with the business. This business operates out of an Oakland County Michigan Hub and currently has 14 Drivers and One 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 Michigan. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!