11 FedEx Home Routes Montgomery County, Maryland

Beltsville, MD (Prince Georges County)

FedEx Home Delivery

Asking Price:$1,000,000

Cash Flow:$337,000

Gross Revenue:$990,000

EBITDA:$337,000

FF&E:$250,000

Inventory:N/A

Established:2007

11 FedEx Home Routes Montgomery County, Maryland

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Business Description

11 FedEx Home Routes Montgomery Co. MD - SBA FINANCING AVAILABLE!

Please complete the attached NDA now and Fax to 877-311-0970 along with the first page of your bank or brokerage statement showing at least $300,000 downpayment for the purchase. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a dropbox link.

Deal Recap:
Gross Income: $990,000
Purchase Price: $1,000,000
2015 Cash Flow: $337,000
2017 Cash Flow: $369,000
Vehicle Value: $250,000
11 Home Routes Montgomery County, Maryland

FedEx Home Delivery Routes for sale $1,000,000. Currently grossing $990,000 and Nets $337,000 per year as an owner of the business. Includes 11 Home Delivery Routes in Contiguous Service areas, 11 FedEx delivery vehicles worth an estimated $250k, and 13 employees in place willing to transfer with the business. This business operates out of the Beltsville hub and currently has a manager in place, seller is a hands on owner who is willing to stay for a 30-45 day transmission period, subject to negotiation. Territory for these routes is Montgomery County, Maryland. Owner has new contract with FedEx as of May 2015, which runs through May 2018. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction.

What Does Financing do for you:

Example:
6.5% 10 year Amortization

Equity Investment: $250,000
SBA Loan: $750,000
Working Capital: $ 25,000
SBA Guarantee: $ 23,250
Closing Costs: $ 20,000
Total SBA Loan: $818,250

Monthly SBA
Debt Service: $9,291

Current cash flow: $337,000
Annual SBA
debt service: $111,493
Cash Flow Net
of Debt Service: $225,507

Cash on Cash
Return: 90.2%

As as side note: If you are seeking SBA Financing on another FedEx deal please contact me for assistance. I have lenders other brokers do not.

Attached Documents


Detailed Information

Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Home Delivery Hub in Beltsville, MD free of charge
Competition:
The competition for FedEx Ground is USPS and UPS.
Growth & Expansion:
The growth of the business is linked to the growth of FedEx Ground as a whole. FedEx Home delivery is one of the strongest segments of the FedEx Family. FedEx Home delivery has been driven by the boom in E-Commerce, which experts agree will continue indefinitely.
Support & Training:
Seller is willing to stay on for 30-45 days, subject to negotiation.
Reason for Selling:
Other interests, Retirement
Franchise:
This business is an established franchise

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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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