13 Highly Profitable FedEx Routes, Greensboro NC

Kernersville, NC (Forsyth County)

13 Highly Profitable FedEx Routes, Greensboro NC
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Asking Price: $724,000

Cash Flow: $220,000

Gross Revenue: $1,131,000

EBITDA: $220,000

FF&E: $180,000

Inventory: N/A

Established: 2000

13 Highly Profitable FedEx Routes, Greensboro NC

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Business Description

13 well-established, FULLY OVERLAPPED, and highly profitable FedEx Ground + Home Delivery routes based out of GREENSBORO (KERNERSVILLE) NORTH CAROLINA. Routes are generally contiguous making load sharing efficient. Each route comes with an experienced driver already in place. Truck fleet included. Spare vehicle(s) possibly available.

Business expects 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:
Kernersville, NC
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
13 trucks included in purchase price. Trucks stored at FedEx facility (no charge). Additional spare truck also available. (Home Based)
Competition:
Contractually protected service areas. FedEx continues to experience strong growth with consumer's move to e-commerce.
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 cash offer
Support & Training:
Extensive training will be provided as necessary.
Reason for Selling:
Personal reasons related to religious beliefs
Home-Based:
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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