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2 Dedicated and 2 Unassigned FedEx Linehaul Routes Forsyth County, North Carolina

*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 $160,000 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

Sign Document

Purchase Price: $580,000
2 Dedicated Linehaul Routes, 2 Unassigned

Deal Recap:
2018 Gross Income: $600,000
Next Twelve months Projected Gross Income: $650,000
Purchase Price: $580,000, Plus assumption of Leased Tractor
2018 Cash flow: $150,000
Next Twelve months Projected Cash Flow: $180,000
Vehicle Value: $90,000
2 Dedicated and 2 Unassigned FedEx Linehaul Routes Forsyth County,
North Carolina; 4 Tractors. Includes One Tractor lease to be assumed.

SBA financing IS available for this transaction in the amount of $420,000.

What Does Financing do for you:

Example:
8.00% 10 year Amortization

Equity Investment: $ 160,000
SBA Loan: $ 420,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 13,200
Closing Costs: $ 10,000
Total SBA Loan: $ 463,200

Monthly SBA Debt Service: $ 5,620

Current cash flow: $180,000
Annual SBA debt service: $ 67,439
Cash Flow Net of Debt Service: $ 112,561

Cash on Cash Return: 70.35%

2 Dedicated and 2 Unassigned FedEx Linehaul Routes Forsyth County, North Carolina for sale $580,000. Currently grossing $650,000 and Nets $180,000 per year as an owner of the business. Includes 2 Dedicated and 2 Unassigned FedEx Linehaul Routes and 3 FedEx tractors worth an estimated $90k, and 4 employees in place willing to transfer with the business. This business operates out of a Forsyth County Hub and currently has 4 CDL Drivers in place, Seller manages business; 18 hours weekly is owner time commitment. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!