13 FedEx Ground Routes, 16 Vehicles in Denver, Colorado

Adams County, CO

Routes.ForSale
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Asking Price: Get Financing: $1,040,000

Cash Flow: $300,000

Gross Revenue: $1,470,000

EBITDA: $300,000

FF&E: $250,000

Inventory: N/A

Established: 2015

13 FedEx Ground Routes, 16 Vehicles in Denver, Colorado

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Business Description

Denver Colorado! Two Managers!

Please complete the attached NDA now and Fax along with the first page of your bank or brokerage statement (with account number redacted), showing at least $275,000 downpayment for the purchase.

OR

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

https://secure.rightsignature.com/templates/9c2e37c4-8a92-4a55-90d7-e21e9d7d0c96/template-signer-link/0e6218d5234af2387880b8c14d5f31f9

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

100% ISP Compliant
Two Managers (Opportunity for $65k Increased Cash flow with one Manager)

Deal Recap:
2017 Gross Income: $1,331,000
Next Twelve Months Gross Income: $1,470,000
Purchase Price: $1,040,000
2017 Cash Flow: $240,000+
Next Twelve Months Cash Flow: $300,000+
Vehicle Value: $250,000
13 FedEx Ground Routes, 16 FedEx Delivery Vehicles in Denver, Colorado.

FedEx Ground Delivery Routes for sale $1,040,000. Currently grossing $1,470,000 and Nets $300k+ per year as an owner of the business. Net of $360k+ with Owner Participation and One Manager. Includes 13 FedEx Ground Routes 16 FedEx Delivery Vehicles worth an estimated $250k, and 14 employees in place willing to transfer with the business. This business operates out of a Denver, Colorado Hub and currently has 13 Drivers and two Managers in place, 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 Colorado. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $765,000.

What Does Financing do for you:

Example:
25% Down
7.75% 10 year Amortization

Equity Investment: $ 275,000
SBA Loan: $ 765,000
Working Capital: $ 30,000
SBA Guarantee Fee: $ 23,850
Closing Costs: $ 10,000
Total SBA Loan: $ 828,850

Monthly SBA
Debt Service: $9,947

Current cash flow: $300,000
Annual SBA
debt service: $119,365
Cash Flow Net
of Debt Service: $180,635

Cash on Cash
Return: 65.69%

Attached Documents


Detailed Information

Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Delivery Hub in Denver 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. Analysts expectations are for FedEx to continue to grow at an average of 15+%/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
Business Website:
http://secure.rightsignature.com/templates/9c2e37c4-8a92-4a55-90d7-e21e9d7d0c96/templat
Contact Seller

Contact the Seller

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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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