11 FedEx Home & Ground Routes, 12 Vehicles in Prince Georges Co, MD

Prince Georges County, MD

Routes.ForSale
Contact Seller

Asking Price: $1,125,000

Cash Flow: $375,000

Gross Revenue: $1,117,000

EBITDA: $375,000

FF&E: $150,000

Inventory: N/A

Established: 2008

11 FedEx Home & Ground Routes, 12 Vehicles in Prince Georges Co, MD

Save Print Share Valuation Report

Business Description

100% OVERLAP & ISP COMPLIANT, EXPERIENCED MANAGER!

Please complete the attached NDA now and Fax to 877-311-0970, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $300,000 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/8369f63f-7fae-4ed2-be9d-f537006fc5d0/template-signer-link/e583788134ec2161a9fbfc4f8bffc7b4

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

100% Overlap and ISP Compliant,
EXPERIENCED MANAGER!

Deal Recap:
TTM Gross Income: $931,200
Next Twelve Months Gross Income: $1,117,000
Purchase Price: $1,125,000
TTM Cash Flow: $300,000+
Next Twelve Months Cash Flow: $375,000+
Vehicle Value: $150,000
11 FedEx Home & Ground Routes, 12 FedEx Delivery Vehicles in Prince Georges County, MD.

FedEx Home Delivery Routes for sale $1,125,000. Currently grossing $1,117,000 and Nets $375k+ per year as an owner of the business. Includes 11 FedEx Home & Ground Routes, 12 FedEx Delivery Vehicles worth an estimated $150k, 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 Prince Georges County, Maryland. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $825,000.

What Does Financing do for you:

Example:
25% Down
8.00% 10 year Amortization

Equity Investment: $ 300,000
SBA Loan: $ 820,000
Working Capital: $ 35,000
SBA Guarantee Fee: $ 25,800
Closing Costs: $ 15,000
Total SBA Loan: $ 900,800

Monthly SBA
Debt Service: $10,929

Current cash flow: $375,000
Annual SBA
debt service: $131,150
Cash Flow Net
of Debt Service: $243,850

Cash on Cash
Return: 81.28%

Attached Documents


Detailed Information

Location:
Prince Georges County, MD
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Delivery Hub in Maryland 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 to continue to grow at an average of 13.5+%/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
Contact Seller

Contact the Seller

Contact Seller Loading

Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1565978 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


Digital Marketing Training Group

Franchise Opportunity
Cash Required: $25,000