23 Profitable FedEx Ground Routes, San Jose California

San Jose, CA (Santa Clara County)

23 Profitable FedEx Ground Routes, San Jose California

Asking Price:$1,207,000

Cash Flow:$402,000

Gross Revenue:$1,948,000

EBITDA:$402,000

FF&E:$270,000

Inventory:N/A

Real Estate:N/A

Established:2006

23 Profitable FedEx Ground Routes, San Jose California

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Business Description

23 well-established and highly profitable FedEx Ground routes based out of San Jose California. All routes are contiguous making load sharing among routes efficient. Each route comes with (1) truck and (1) experienced driver already in place. TWO managers. Sale also includes spare vehicles. Business has seen near double digit organic growth since inception. Turnkey and a great opportunity for absentee ownership with full time manager in place. ISP compliant.

Clean books and financials, including maintenance records for vehicles.

This business is ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
27 trucks included (Home Based)
Competition:
Contractually protected service areas.
Growth & Expansion:
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. On average annual growth of up to 10%. Growth can also be achieved by adding/purchasing more routes.
Financing:
Sellers prefers a cash transaction
Support & Training:
Owner will provide training as necessary
Reason for Selling:
Personal and family health issues
Home-Based:
This business is Home-Based

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Business Listed By:
Allan Mendell

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