11 Profitable OVERLAPPED FedEx Routes, Cookeville TN. POSSIBLE SBA

Cookeville, TN (Putnam County)

11 Profitable OVERLAPPED FedEx Routes, Cookeville TN. POSSIBLE SBA
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Asking Price: $949,000

Cash Flow: $309,000

Gross Revenue: $1,024,000

EBITDA: $309,000

FF&E: $165,000

Inventory: N/A

Established: 2000

11 Profitable OVERLAPPED FedEx Routes, Cookeville TN. POSSIBLE SBA

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Business Description

11 well-established and highly profitable FedEx GROUND + HOME DELIVERY routes based out of the COOKEVILLE TENNESSEE station. Routes are mostly contiguous making load sharing efficient. 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. Cash flow is NET of a full-time manager salary.

Detailed Information

Location:
Cookeville, TN
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
11 trucks (including spare, included in purchase price). (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 over 10%. Growth can also be achieved by adding/purchasing more routes.
Financing:
Seller prefers a cash transaction but SBA financing possible
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
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Business Location


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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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