18 FedEx Home Delivery and Ground routes- Binghampton, NY

United States

18 FedEx Home Delivery and Ground routes- Binghampton, NY
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Asking Price: $1,499,000

Cash Flow: $330,406

Gross Revenue: $2,126,696

EBITDA: N/A

FF&E: N/A

Inventory: $593,000

Established: 2004

18 FedEx Home Delivery and Ground routes- Binghampton, NY

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Business Description

Employees: 24
Managers: 1
Asking Multiple: 4.54
Years Owned: 15
Trucks: 23

Detailed Information

Inventory:
Included in asking price
Employees:
18
Facilities:
1994 Chevrolet P30, 2002 Dodge Caravan, (3) 2003 Ford P700, 2003 Freightliner P1000, 2003 International P1200, 2006 Freightliner M2 Box Truck, 2006 Freightliner P1200, 2006 Ford P900, 2007 Freightliner P1200, 2009 Ford P700, 2013 Ford P500, (2) 2013 Ford P1000, 2015 Dodge Caravan , 2016 Ford P1000, 2016 Ford P1100, 2017 Ford P1200, (4) 2017 Ford P1100
Competition:
Territories in this region are growing over 15% per year due to: Booming E-Commerce (Amazon.com, Walmart.com, etc.)and a shifting online consumer shopping culture. Very tax-efficient business due to the truck depreciation. No franchise royalties, marketing expenses, research and development costs, inventory overhead, or real estate to own.
Reason for Selling:
Seller is looking to reduce his FedEx holdings as he approaches retirement.
Business Website:
http://www.routeconsultant.com/listing-posts/buy-fedex-route/binghamton-ny
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Annalee Mueck

Business Listed By:
Annalee Mueck

Route Consultant

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