12 Highly Profitable FedEx Ground and HD Routes, San Jose California

San Jose, CA (Santa Clara County)

12 Highly Profitable FedEx Ground and HD Routes, San Jose California

Asking Price:$1,395,000

Cash Flow:$565,000

Gross Revenue:$1,590,000

EBITDA:$565,000

FF&E:$268,000

Inventory:N/A

Established:2000

12 Highly Profitable FedEx Ground and HD Routes, San Jose California

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Business Description

12 well-established and highly profitable FedEx GROUND + HD routes based out of SAN JOSE California. NEARLY FULLY OVERLAPPED. Routes are geographically close and contiguous, making load sharing among routes efficient. Each route comes with one truck and one experienced driver already in place. Business has seen double digit organic growth since inception. Turnkey and a great opportunity for semi absentee ownership with TWO full time managers in place! ISP compliant.

This business is ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary. Very profitable.

Detailed Information

Inventory:
Included in asking price
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
14 trucks (included in purchase price) including spares (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. Annual growth of up to 12%. Growth can also be achieved by adding/purchasing more routes.
Financing:
Sellers prefers a cash transaction
Support & Training:
Extensive training will be provided including mentorship with existing contractor as needed.
Reason for Selling:
Seller pursuing other interests
Home-Based:
This business is Home-Based

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Business Listed By:
Allan Mendell

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