*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 $490,000 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: $1,875,000, Plus assumption of 10 vehicle loans|
100% ISP Compliant,
TWO EXPERIENCED MANAGERS!
Trailing twelve Months Revenue: $2,780,000
Next Twelve Months Gross Income: $3,200,000+
Purchase Price: $1,875,000, Plus assumption of 10 vehicle loans
Next Twelve Months Cash Flow: $625,000+
Vehicle Value: $200,000 (10 vehicles transferred free and clear)
19 FedEx Home & Ground Routes, 20 FedEx Delivery Vehicles in Montgomery County, MD.
|Financing: SBA financing IS available for this transaction in the amount of $1,385,000.|
What Does Financing do for you:
6.00% 10 year Amortization
Equity Investment: $ 490,000
SBA Loan: $ 1,385,000
Working Capital: $ 25,000
SBA Guarantee Fee: $ 42,300
Closing Costs: $ 20,000
Total SBA Loan: $ 1,472,300
Monthly SBA Debt Service: $ 16,346
Current cash flow: $ 625,000
Annual SBA debt service: $ 196,147
Cash Flow Net of Debt Service: $ 428,853
Cash on Cash Return: 87.52%
Buy a profitable business! FedEx Ground Delivery Routes for sale $1,875,000. Currently grossing $3,200,000 and Nets $625k+ per year as an owner of the business. Includes 19 FedEx Home & Ground Routes 20 FedEx Delivery Vehicles worth an estimated $200k, 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, 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!