*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 $200,000 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: $800,000,|
100% OVERLAP, EXPERIENCED MANAGER!
YTD INCREASE in Volume of 32%
TTM Gross Revenue: $985,000
Next Twelve Months Gross Revenue: $1,110,000+
Purchase Price: $800,000
Next Twelve Months Cash Flow: $250,000+
Vehicle Value: $125,000
7 FedEx Home & Ground Routes, 10 FedEx Delivery Vehicles in Wayne County, MI.
|SBA financing IS available for this transaction in the amount of $640,000.|
What Does Financing do for you:
6.00% 10 year Amortization
Equity Investment: $ 215,000
SBA Loan: $ 585,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 18,150
Closing Costs: $ 10,000
Total SBA Loan: $ 633,150
Monthly SBA Debt Service: $7,029
Current cash flow: $ 250,000+
Annual SBA debt service: $ 84,351
Cash Flow Net of Debt Service: $ 181,648
Cash on Cash Return: 84.49%
Buy a profitable business! FedEx Home & Ground Delivery Routes for sale $800,000. Currently grossing $1,110,000 and Nets $250k+ per year as an owner of the business. Includes 7 FedEx Home & Ground Routes 9 FedEx Delivery Vehicles worth an estimated $125k, and 8 employees in place willing to transfer with the business. This business operates out of a Wayne County, MI Hub and currently has 7 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!