15 FedEx HD & Ground Routes (ISP) - San Antonio, TX


15 FedEx HD & Ground Routes (ISP) - San Antonio, TX
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Asking Price: $1,050,000

Cash Flow: $246,797

Gross Revenue: $1,171,090

EBITDA: $246,797

FF&E: $535,000

Inventory: $535,000

Established: 2006

15 FedEx HD & Ground Routes (ISP) - San Antonio, TX

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Business Description

Fast Growing FedEx Routes in San Antonio Metro Area

Business Overview:
•15 FXG Pickup & Delivery routes - includes Home Delivery & Ground
•100% overlapped routes and have already made the conversion to ISP
•Full-time managers in place
•Seller is looking to pursue other interests after being in business since 2006

Financial Details:
• Annual Revenue $1,171,090
• Cash Flow: $246,797
• Fleet Value: $535,000
• Clean financials w/ 3 years of tax returns

Vehicle Details:
• 15 Vehicles included in purchase price with free and clear title
• New Fleet: Average age of vehicle is 2.0 years
• Total Vehicle value : $535,000

Employee Details:
• 16 employees
• Average tenure 2.0 years

Asking Price:
•SBA Financing may be available for qualified buyers

Please complete the attached non-disclosure agreement now and email to steve@smrcapital.com along with the first page of your bank or brokerage statement (with account number redacted), showing at least $200,000 down payment for the purchase. Upon receipt of completed and signed NDA and funds verification, the due diligence material will be emailed to you in a Dropbox link.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Trucks are garaged at FedEx Terminal free of charge
Growth & Expansion:
FedEx Ground delivery has been driven by the boom in E-Commerce, which experts agree will continue indefinitely. Analysts expect FedEx to continue to grow at an average of 10 - 13 % +/year for the next 5 years
Support & Training:
Owner will work with buyer to ensure smooth transition
Reason for Selling:
Pursue other business interests after being in the business since 2006
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Contact the Seller

(from currently available funds)
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SMR Capital LLC.

Business Listed By:
SMR Capital, LLC.

SMR Capital, LLC.

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