Posted on

9 FedEx Home & Ground Routes, 10 FedEx Delivery Vehicles in Greater Pittsburgh, PA Area

*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 $265,000 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: $1,000,000
100% Overlap & ISP Compliant, EXPERIENCED MANAGER!

Deal Recap:
2018 Gross Income: $866,000
Next Twelve Months Gross Income: $1,082,000
Purchase Price: $1,000,000
2018 Cash flow: $272,000
Next Twelve Months Cash Flow: $334,000+
Vehicle Value: $200,000
9 FedEx Home & Ground Routes, 10 FedEx Delivery Vehicles in
Greater Pittsburgh, PA Area. All Trucks Free and Clear at Closing!

SBA financing IS available for this transaction in the amount of $735,000.

What Does Financing do for you:

Example:
25% Down
8.25% 10 year Amortization

Equity Investment: $ 265,000
SBA Loan: $ 735,000
Working Capital: $ 25,000
SBA Guarantee Fee: $ 22,800
Closing Costs: $ 10,000
Total SBA Loan: $ 792,800

Monthly SBA Debt Service: $9,724

Current cash flow: $334,000+
Annual SBA debt service: $116,687
Cash Flow Net of Debt Service: $217,313

Cash on Cash Return: 82.61%

FedEx Home & Ground Delivery Routes for sale $1,000,000. Currently grossing $1,082,000 and Nets $334k+ per year as an owner of the business. Includes 9 FedEx Home & Ground Routes 10 FedEx Delivery Vehicles worth an estimated $200k, and 10 employees in place willing to transfer with the business. This business operates out of a Greater Pittsburgh, PA Area Hub and currently has 9 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 Pennsylvania. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!