*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 $162,500 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: $600,000, |
SEMI-ABSENTEE! 100% Overlap; 100% ISP Compliant
Non Driving Manager
Next Twelve Months Gross Income: $590,000
Purchase Price: $600,000,
Next Twelve Months Cash Flow: $180,000+
Vehicle Value: $80,000
6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles in Forsyth County, North Carolina.
|SBA financing IS available for this transaction in the amount of $437,500. |
What Does Financing do for you?
Example: 25% Down
10 year Amortization
Equity Investment: $ 162,500
SBA Loan: $ 437,500
Working Capital: $ 25,000
SBA Guarantee Fee: $ 13,875
Closing Costs: $ 10,000
Total SBA Loan: $ 486,375
Monthly SBA Debt Service: $5,400
Current cash flow: $180,000+
Annual SBA debt service: $64,797
Cash Flow Net of Debt Service: $115,203
Cash on Cash Return: 70.89%
Buy a profitable business! Semi Absentee FedEx Home & Ground Delivery Routes for sale $600,000, offered at less than 3.5x Cash Flow. Currently grossing $590,000 and Nets $180,000 per year as an owner of the business. Includes 6 FedEx Home & Ground Routes 8 FedEx Delivery Vehicles worth an estimated $80k, and 14 employees (including part time) in place willing to transfer with the business. This business operates out of a Guilford County, North Carolina Hub and currently has 13 Drivers and a Manager in place, seller is a Semi-Absentee owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is North Carolina. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!