12 OVERLAPPED FedEx Ground and HD Routes, Ventura CA

Ventura, CA (Ventura County)

12 OVERLAPPED FedEx Ground and HD Routes, Ventura CA
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Asking Price: $1,200,000

Cash Flow: $401,000

Gross Revenue: $1,184,000

EBITDA: $401,000

FF&E: $300,000

Inventory: N/A

Established: 2000

12 OVERLAPPED FedEx Ground and HD Routes, Ventura CA

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Business Description

12 well-established and highly profitable FedEx GROUND + HD routes based out of VENTURA California. Nearly FULLY OVERLAPPED in compliance with new FedEx requirements already. Routes are geographically contiguous, making load sharing among routes efficient. Each route comes with one truck and one experienced driver already in place. Spare trucks possibly available. Double digit organic growth forecast. Turnkey and a great opportunity for semi absentee ownership with a full time manager already in place! ISP compliant for size and nearly fully overlapped.

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:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Use of FedEx facility for no charge. Trucks stored at facility. 13 trucks (included in purchase price).
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. Expect annual growth of 10%+. Growth can also be achieved by adding/purchasing more routes.
Financing:
Sellers prefers a cash transaction but may consider small financing
Support & Training:
Extensive training will be provided including mentorship with existing contractor as needed.
Reason for Selling:
Seller retiring
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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