17 FedEx Ground & Home Delivery Routes - Pennsylvania

Allentown, PA (Lehigh County)

17 FedEx Ground & Home Delivery Routes - Pennsylvania
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Asking Price: $975,000

Cash Flow: $301,497

Gross Revenue: $1,745,903

EBITDA: $301,497

FF&E: $460,000

Inventory: N/A

Established: 2016

17 FedEx Ground & Home Delivery Routes - Pennsylvania

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Business Description

17 FedEx Ground & Home Delivery Routes - Pennsylvania

FedEx – Profitable Ground Routes in growing Allentown, PA area
17 vehicles free and clear included in the purchase price

*Free Cash flow includes : NON-DRIVING MANAGER, in addition to 22 drivers

Business Overview
Sales Price: $ 975,000
2018 YE Revenue: $1,745,903
2018 YE EBITDA = $301,497
Equipment Value: $460,000 – 15 newer trucks - included in asking price
*Financing: SBA financing is available

Daily operations include the dispatch of 17 trucks and drivers. 2 trucks are rented

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 $150,000 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

Location:
Allentown, PA
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Terminal free of charge. (Home Based) (Home Based)
Competition:
USPS, UPS and Amazon are competitors
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 willing to provide training during transition for 30 days.
Reason for Selling:
Pursue other business interests
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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SMR Capital LLC.

Business Listed By:
SMR Capital, LLC.

SMR Capital LLC

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