13 Highly Profitable FedEx HD Routes, Burbank CA (Seller Financing)

Sun Valley, CA (Los Angeles County)

13 Highly Profitable FedEx HD Routes, Burbank CA (Seller Financing)
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Asking Price: $1,695,000

Cash Flow: $658,000

Gross Revenue: $1,654,000

EBITDA: $658,000

FF&E: $250,000

Inventory: N/A

Established: 2000

13 Highly Profitable FedEx HD Routes, Burbank CA (Seller Financing)

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Business Description

13 well-established and highly profitable FedEx Home Delivery routes, based out of BURBANK (Sun Valley) CA. Already ISP compliant as Burbank location does not require overlap in summer 2020. All routes are close or contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place, ready to assume. Spare trucks available. Business is expected to see double digit organic growth. Turnkey and a great opportunity for semi-absentee ownership with full time manager in place!

Extensive due diligence materials provided, including detailed payroll records. Financial forecast provided.

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

Detailed Information

Sun Valley, CA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
15 trucks (included in purchase price). Extra spares possibly available. Trucks are stored in FedEx facility overnight. (Home Based)
Contractually protected service areas. Exclusive renewal rights with good service. FedEx experiencing solid growth with the move to e-commerce.
Growth & Expansion:
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Expect average annual growth of 10%+. Growth can also be achieved by adding/purchasing more routes.
Seller prefers an all cash transaction but may be willing to carry material financing
Support & Training:
Seller will provide as much training as necessary pre-close as well as post close transfer support.
Reason for Selling:
Long term contractor retiring and moving out of state.
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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