*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 $275,000 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.
Purchase Price: $1,000,000
13%+ Increase in YTD Volume
Experienced MANAGER
Experienced DRIVERS
100% Overlap
Exceptional Delivery Area!
Deal Recap:
2020 Gross Income: $ 930,000
Next Twelve Months Gross Income: $ 1,075,000
Purchase Price: $ 1,000,000;
Next Twelve Months Cash Flow: $ 333,000+
Vehicle Value: $ 100,000
6 FedEx Home & Ground Routes, 7 FedEx Delivery Vehicles in King County, WA
FedEx Home & Ground Delivery Routes for sale $1,000,000. Currently grossing $930,000 and Nets $333k+ per year as an owner of the business. Includes 6 total FedEx Home & Ground Routes 7 FedEx Delivery Vehicles worth an estimated $100k, and 8 employees (FT & PT) in place willing to transfer with the business. This business operates out of a King 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 Washington. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $732,500
What Does Financing do for you:
Purchase Example:
25% Down, 6.0% 10 year Amortization
Purchase Price $1,000,000
Equity Investment: $ 267,000
SBA Loan: $ 732,500
Working Capital: $ 30,000
SBA Guarantee Fee: $ 22,875
Closing Costs: $ 20,000
Total SBA Loan: $ 805,375
Monthly SBA Debt Service: $ 8,941
Current cash flow: $ 333,000+
Annual SBA debt service: $ 107,296
Cash Flow Net of Debt Service: $ 225,704
Cash on Cash Return: 84.38%