100% Absentee Fedex Routes

Minneapolis, MN (Anoka County) (Relocatable)

Seller Financing Available
100% Absentee Fedex Routes
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Asking Price: $3,500,000

Cash Flow: $1,000,000

Gross Revenue: $4,700,000

EBITDA: $680,000

FF&E: $750,000

Inventory: N/A

Established: 2008

100% Absentee Fedex Routes

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Business Description

100% Absentee Fedex Routes

Excellent opportunity to own a large Fedex Route operation that is run and owned 100% Absentee. Owner lives out of state, has large managment infrastructure. All financial information availble upon request. Buyer must complete NDA and be Financially qualfied.

Detailed Information

Employees:
65
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
run from home office and computer (Home Based)
Competition:
routes are exclusive
Growth & Expansion:
Growing at more than 10% per year. Fedex just gave the company a 26 cent per package raise, will encrease profit for 2019 by $250k
Financing:
10% for qualified buyer
Support & Training:
Seller will train, however large managment infrastructure will allow new owner to transition seemlessly
Reason for Selling:
cash out
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Joshua Lindsey

Business Listed By:
Joshua Lindsey

American Business Brokers

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