13 Highly Profitable OVERLAPPED FedEx Routes, San Jose CA

San Jose, CA (Santa Clara County)

13 Highly Profitable OVERLAPPED FedEx Routes, San Jose CA
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Asking Price: $1,495,000

Cash Flow: $532,000

Gross Revenue: $1,596,000

EBITDA: $532,000

FF&E: $300,000

Inventory: N/A

Established: 2000

13 Highly Profitable OVERLAPPED FedEx Routes, San Jose CA

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Business Description

13 well-established and highly profitable FedEx GROUND + HOME DELIVERY (FULLY OVERLAPPED) routes based out of the SAN JOSE CA station. Routes are contiguous making load sharing efficient. 100% overlapped in compliance with new upcoming FedEx requirements. Each route comes with a truck and experienced driver already in place. Spare vehicle(s) possibly available.

Business expected to see 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.

Detailed Information

Location:
San Jose, CA
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
13 trucks included in sale. 5 possible spares trucks also available separately. Trucks park at FedEx facility overnight. (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. Expected annual growth of double digits. Growth can also be achieved by adding/purchasing more routes.
Financing:
SBA financing available
Support & Training:
Extensive training will be provided by seller as necessary to ensure buyer is fully prepared.
Reason for Selling:
Seller consolidating FedEx assets in another terminal
Home-Based:
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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