14 Highly Profitable OVERLAPPED FedEx Routes, Fremont CA. POSSIBLE SBA

Newark, CA (Alameda County)

14 Highly Profitable OVERLAPPED FedEx Routes, Fremont CA. POSSIBLE SBA
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Asking Price: $2,300,000

Cash Flow: $777,000

Gross Revenue: $2,100,000

EBITDA: $777,000

FF&E: $500,000

Inventory: N/A

Established: 2000

14 Highly Profitable OVERLAPPED FedEx Routes, Fremont CA. POSSIBLE SBA

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Business Description

14 well-established and highly profitable FedEx GROUND + HOME DELIVERY routes based out of the FREMONT CALIFORNIA 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 2 full time managers in place! Detailed due diligence materials provided.

These assets are ready to generate cash flow on day one.

Detailed Information

Newark, CA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
17 trucks included in sale (including spares). Trucks park at FedEx facility overnight. (Home Based)
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.
Seller prefers cash offer but may carry. POSSIBLE SBA.
Support & Training:
Extensive training will be provided by seller as necessary to ensure buyer is fully prepared.
Reason for Selling:
Seller retiring from FedEx 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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