15 Highly Profitable OVERLAPPED FedEx Routes, Hayward CA

Hayward, CA (Alameda County)

15 Highly Profitable OVERLAPPED FedEx Routes, Hayward CA
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Asking Price: $1,745,000

Cash Flow: $758,000

Gross Revenue: $2,407,000

EBITDA: $758,000

FF&E: $250,000

Inventory: N/A

Established: 2000

15 Highly Profitable OVERLAPPED FedEx Routes, Hayward CA

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Business Description

15 well-established and highly profitable FedEx Ground + Home Delivery routes, OVERLAPPED, based out of HAYWARD CALIFORNIA. Routes are mostly contiguous making load sharing efficient. Each route comes with an experienced driver already in place. Truck fleet included. Spare vehicle(s) may be 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.

*Possibility to carve out smaller sub-territory and sell separately for lower price*

Detailed Information

Inventory:
Included in asking price
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16 trucks (included in purchase price) (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 a cash transaction but may consider financing
Support & Training:
Extensive training will be provided as necessary.
Reason for Selling:
Relocating out of area
Home-Based:
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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