11 FedEx Home Routes, 12 FedEx Vehicles in Prince Georges County

Prince Georges County, MD

Routes.ForSale
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Asking Price: $1,200,000

Cash Flow: $400,000

Gross Revenue: $1,405,000

EBITDA: $400,000

FF&E: $200,000

Inventory: N/A

Established: 2015

11 FedEx Home Routes, 12 FedEx Vehicles in Prince Georges County

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Business Description

ISP COMPLIANT; HUGE GROWTH! EXPERIENCED MANAGER!

Please complete the attached NDA along with the first page of your bank or brokerage statement (with account number redacted), showing at least $320,000 downpayment for the purchase.

OR

COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.

https://secure.rightsignature.com/templates/3d28a3d4-c345-4520-954a-b6c048cb4999/template-signer-link/72650c6ff5e1bc4d695509344a8bfdf9

Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.

ISP Compliant, HUGE GROWTH!
EXPERIENCED MANAGER!

Deal Recap:
2018 Gross Income: $1,183,442
Next Twelve Months Gross Income: $1,405,000
Purchase Price: $1,200,000
TTM Cash Flow: $300,000+
Next Twelve Months Cash Flow: $400,000+
Vehicle Value: $200,000
11 FedEx Home Routes, 12 FedEx Delivery Vehicles in Prince Georges County, MD.

FedEx Home Delivery Routes for sale $1,200,000. Currently grossing $1,405,000 and Nets $400k+ per year as an owner of the business. Includes 11 FedEx Home Routes 12 FedEx Delivery Vehicles worth an estimated $200k, and 12 employees in place willing to transfer with the business. This business operates out of a Prince Georges County, MD Hub and currently has 11 Drivers and One Manager on staff. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is Greater Washington DC Metro Area. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $880,000.

What Does Financing do for you:

Example:
25% Down
8.25% 10 year Amortization

Equity Investment: $ 320,000
SBA Loan: $ 880,000
Working Capital: $ 37,000
SBA Guarantee Fee: $ 27,510
Closing Costs: $ 15,000
Total SBA Loan: $ 959,510

Monthly SBA
Debt Service: $11,769

Current cash flow: $400,000+
Annual SBA
debt service: $141,224
Cash Flow Net
of Debt Service: $258,776

Cash on Cash
Return: 80.87%

Attached Documents


Detailed Information

Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Delivery Hub 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 as a whole. FedEx Ground & Home delivery are the strongest segments of the FedEx Family. FedEx Ground & Home delivery have been driven by the boom in E-Commerce, which experts agree will continue indefinitely. E-Commerce currently makes up 9% of Retail sales, analysts believe this will grow to 25% by 2021. Analysts expectations are for FedEx Ground to continue to grow at an average of 13+%/year for the next 5 years.
Support & Training:
Seller is willing to stay on for 30-45 days, subject to negotiation.
Reason for Selling:
Other Interests, Retirement
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Contact the Seller

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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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