10 Highly Profitable FULLY OVERLAPPED FedEx Routes, Cedar Rapids IA

Cedar Rapids, IA (Linn County)

10 Highly Profitable FULLY OVERLAPPED FedEx Routes, Cedar Rapids IA
Contact Seller

Asking Price: $1,049,000

Cash Flow: $324,000

Gross Revenue: $915,000

EBITDA: $324,000

FF&E: $200,000

Inventory: N/A

Established: 2000

10 Highly Profitable FULLY OVERLAPPED FedEx Routes, Cedar Rapids IA

Save Print Share Valuation Report

Business Description

10 well-established and highly profitable FedEx GROUND + HOME DELIVERY routes based out of the Cedar Rapids IOWA station. Routes are mostly contiguous making load sharing efficient. 100% overlapped in compliance with new upcoming FedEx requirements. Each route comes with a truck and experienced driver already in place. Spare vehicle(s) possibly available.

Business expected to see double digit organic growth. Turnkey and a great opportunity for semi-absentee ownership with full time manager in place! Detailed due diligence materials provided.

These assets are ready to generate cash flow on day one.

Detailed Information

Location:
Cedar Rapids, IA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7 trucks (spare available). (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. Expected annual growth of double digits. Growth can also be achieved by adding/purchasing more routes.
Financing:
Seller prefers a cash transaction but may consider small short term financing
Support & Training:
Extensive training will be provided by seller as necessary to ensure buyer is fully prepared.
Reason for Selling:
Seller retiring
Home-Based:
This business is Home-Based
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1648630 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Valcor

Franchise Opportunity In IA
Capital Required: $24,900