*Under Contract* 5 FedEx P&D Routes, 7 Vehicles; Eastern Iowa


**Under Contract**

You may fill out and sign the NDA online by clicking on the Sign Document 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 $185,000 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 NDA

Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.

Low Mileage Routes
100% Overlap
YTD volume +25%

Deal Recap:
Trailing Twelve Months Gross Income: $ 540,000
Next Twelve Months Gross Income: $570,000
Purchase Price: $400,000
Next Twelve Months Cash Flow: $123,000
Vehicle Value: $70,000
5 FedEx Home & Ground Routes, 7 FedEx Delivery Vehicles in Eastern IA

FedEx Home & Ground Delivery Routes for sale $400,000. Currently grossing $540,000 and Nets $123K per year as an owner of the business. Includes 5 total FedEx Home & Ground Routes 7 FedEx Delivery Vehicles worth an estimated $70k, and 8 employees (FT & PT) in place willing to transfer with the business. This business operates out of a Dubuque County Hub and currently has 7 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 Iowa. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $365,000

What Does Financing do for you:

Purchase Example:
25% Down, 6.0% 10 year Amortization

Purchase Price $ 400,000

Equity Investment: $ 111,250
SBA Loan: $ 288,750
Working Capital: $ 10,000
SBA Guarantee Fee: $ 8,962
Closing Costs: $ 15,000
Total SBA Loan: $ 322,712

Monthly SBA Debt Service: $ 3,582.77

Current cash flow: $ 123,000
Annual SBA debt service: $ 42,993.24
Cash Flow Net of Debt Service: $ 80,083.68

Cash on Cash Return: 71.99%

Aegis Investment Group