AEGIS INVESTMENT GROUP, LLC | ROUTES.FORSALE | THE MOST COMPLETE PACKAGE!
*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 $230,000 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.
Low Mileage Routes
This is a Split purchase, Seller is retaining the portion not listed.
Trailing Twelve Months Gross Income: $ 853,000
Next Twelve Months Gross Income: $1,085,000
Purchase Price: $850,000
Next Twelve Months Cash Flow: $271,670
Vehicle Value: $290,000
6 FedEx Home & Ground Routes, 7 FedEx Delivery Vehicles in Northwestern, WA
FedEx Home & Ground Delivery Routes for sale $850,000. Currently grossing $853,000 and Nets $271k per year as an owner of the business. Includes 6 total FedEx Home & Ground Routes 7 FedEx Delivery Vehicles worth an estimated $290k free and clear at close, and 8 employees (FT & PT) in place willing to transfer with the business. This business operates out of a Northwestern Washington 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 $689,200
What Does Financing do for you:
25% Down, 6.0% 10 year Amortization
Purchase Price $850,000
Equity Investment: $ 230,000
SBA Loan: $ 620,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 19,200
Closing Costs: $ 30,000
Total SBA Loan: $ 689,200
Monthly SBA Debt Service: $ 7,650
Current cash flow: $ 271,670
Annual SBA debt service: $ 91,818
Cash Flow Net of Debt Service: $ 179,848
Cash on Cash Return: 78.20%