AEGIS INVESTMENT GROUP, LLC | ROUTES.FORSALE | THE MOST COMPLETE PACKAGE!
You may fill out and sign the NDA online by clicking on the ‘Sign NDA’ button below or you may Fax to 877-530-7727, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $137,000 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
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
100% Overlap
All Vehicles Free and clear at close
This is a Split purchase, Seller is retaining the portion not listed
Deal Recap:
Trailing Twelve Months Gross Income: $ 725,000
Next Twelve Months Gross Income: $747,590
Purchase Price: $500,000
Next Twelve Months Cash Flow: $167,000
Vehicle Value: $200,000
5 FedEx Home & Ground Routes, 6 FedEx Delivery Vehicles in Snohomish County, WA
FedEx Home & Ground Delivery Routes for sale $500,000. Currently grossing $725,000 and Nets $167k per year as an owner of the business. Includes 5 total FedEx Home & Ground Routes 6 FedEx Delivery Vehicles worth an estimated $200k, all vehicles free and clear at closing, and 7 employees (FT & PT) in place willing to transfer with the business. This business operates out of a Snohomish County Hub and currently has 6 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 Washington. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $363,750
What Does Financing do for you:
Purchase Example:
25% Down, 6.0% 10 year Amortization
Purchase Price $500,000
Equity Investment: $ 137,000
SBA Loan: $ 363,750
Working Capital: $ 10,000
SBA Guarantee Fee: $ 11,212
Closing Costs: $ 15,000
Total SBA Loan: $ 399,962
Monthly SBA Debt Service: $ 4,440
Current cash flow: $ 167,00
Annual SBA debt service: $ 53,284
Cash Flow Net of Debt Service: $ 113,381
Cash on Cash Return: 83.22%