10 FedEx Home Delivery and Ground Routes- Binghamton, NY

Binghamton, NY (Broome County)

Route consultant
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Asking Price: $1,500,000

Cash Flow: $330,406

Gross Revenue: $2,126,696

EBITDA: N/A

FF&E: N/A

Inventory: $593,000

Established: 2004

10 FedEx Home Delivery and Ground Routes- Binghamton, NY

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Business Description

Employees: 24
Managers: 1
Asking Multiple: 4.54
Years Owned: 15
% of Revenue: 70.5%
Trucks: 23

Detailed Information

Inventory:
Included in asking price
Employees:
25
Facilities:
2006 Freightliner M2 Box Truck, 2007 Freightliner P1200, (2) 2013 Ford P1000, 2006 Ford P900, 2002 Dodge Caravan, (2) 2003 Ford P700, 2006 Freightliner P1200, 2003 International P1200, 2003 Freightliner P1000, 2003 Ford P700, 2013 Ford P500, 1994 Chevrolet P30, 2009 Ford P700, 2015 Dodge Caravan, 2016 Ford P1000, 2016 Ford P1100, 2017 Ford P1200, (4) 2017 Ford P1100
Competition:
The routes underwent overlap in early September and are now fully compliant with FedEx. SBA financing or conventional financing may be an option. Very tax-efficient business due to the truck depreciation. No franchise royalties, marketing expenses, research and development costs, inventory overhead, or real estate to own.
Financing:
SBA Financing or Conventional Financing May be Available
Reason for Selling:
Seller is looking to reduce his FedEx holdings as he approaches retirement.
Franchise:
This business is an established franchise
Business Website:
http://www.routeconsultant.com/listing-posts/buy-fedex-route/binghamton-ny
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Business Listed By:
Annalee Mueck

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