Gross Revenue: $990,000
11 FedEx Home Routes Montgomery County, Maryland
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.
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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