16 Highly Profitable FULLY OVERLAPPED FedEx Routes, San Leandro CA

San Leandro, CA (Alameda County)

16 Highly Profitable FULLY OVERLAPPED FedEx Routes, San Leandro CA
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Asking Price: $1,795,000

Cash Flow: $645,000

Gross Revenue: $1,932,000

EBITDA: $645,000

FF&E: $450,000

Inventory: N/A

Established: 2000

16 Highly Profitable FULLY OVERLAPPED FedEx Routes, San Leandro CA

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Business Description

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

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

San Leandro, CA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
17 trucks (included in purchase price). Trucks stored at FedEx facility (no charge). (Home Based)
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.
Seller prefers a cash transaction
Support & Training:
Extensive training will be provided as necessary.
Reason for Selling:
Retiring and relocating out of area
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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