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6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles in Oakland County, MI.

*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 $250,000 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: $950,000
100% Overlap and ISP Compliant, MANAGER!

Deal Recap:
2018 Gross Income: $738,000
Next Twelve Months Gross Income: $835,000
Purchase Price: $950,000
Next Twelve Months Cash Flow: $317,000+
Vehicle Value: $150,000
6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles in Oakland County, MI. One Truck loan to be assumed

SBA financing IS available for this transaction in the amount of $700,000.

What Does Financing do for you:

Example:
25% Down
8.00% 10 year Amortization

Equity Investment: $ 250,000
SBA Loan: $ 700,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 21,600
Closing Costs: $ 10,000
Total SBA Loan: $ 751,600

Monthly SBA Debt Service: $9,119

Current cash flow: $317,000+
Annual SBA debt service: $109,428
Cash Flow Net of Debt Service: $207,572

Cash on Cash Return: 83.03%

FedEx Home Delivery Routes for sale $950,000. Currently grossing $835,000 and Nets $317k+ per year as an owner of the business. Includes 6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles worth an estimated $150k, and 7 employees in place willing to transfer with the business. This business operates out of a Oakland County, MI Hub and currently has 6 Drivers and One Manager on staff. 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 Michigan. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!