*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 $625,000 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: $2,400,000, plus |
assumption of Truck loans.
100% Overlap & ISP Compliant,
Two MANAGERS! One General Manager, One Asst Manager!
COVID 19 INCREASE in Volume of 40%
SmartPost will add additional $600,000 revenue!
Next Twelve Months Gross Income: $2,900,000
Purchase Price: $2,400,000 plus assumption of vehicle loans ~$450k
Next Twelve Months Cash Flow: $800,000+
Vehicle Value: $550,000
20 FedEx Home & Ground Routes, 23 FedEx Delivery Vehicles in Baltimore, MD.
|SBA financing IS available for this transaction in the amount of $1,775,000.|
What Does Financing do for you:
6.00% 10 year Amortization
Purchase Price $2,025,000
Equity Investment: $ 625,000
SBA Loan: $ 1,775,000
Working Capital: $ 30,000
SBA Guarantee Fee: $ 54,150
Closing Costs: $ 20,000
Total SBA Loan: $ 1,879,150
Monthly SBA Debt Service: $20,862
Current cash flow: $800,000
Annual SBA debt service: $250,349
Cash Flow Net of Debt Service: $549,651
Cash on Cash Return: 87.94%
Buy a profitable business! FedEx Ground Delivery Routes for sale $2,400,000, plus assumption of truck loans. Currently grossing $2,900,000 and Nets $800k+ per year as an owner of the business. Includes 20 FedEx Home & Ground Routes 23 FedEx Delivery Vehicles worth an estimated $550k, and 24 employees in place willing to transfer with the business. This business operates out of a Maryland Hub and currently has 22 Drivers and Two Managers in place (GM and Asst), 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 Baltimore, Maryland. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!