18 Overlapped FedEx Ground and HD Routes, San Jose CA

San Jose, CA (Santa Clara County)

18 Overlapped FedEx Ground and HD Routes, San Jose CA
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Asking Price: Get Financing: $1,550,000

Cash Flow: $481,000

Gross Revenue: $1,678,000

EBITDA: $481,000

FF&E: $400,000

Inventory: N/A

Established: 2000

18 Overlapped FedEx Ground and HD Routes, San Jose CA

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Business Description

18 well-established and highly profitable FedEx GROUND + HD routes based out of SAN JOSE California. Nearly entirely OVERLAPPED already. Routes are geographically close and contiguous, making load sharing among routes efficient. Each route comes with one truck and one experienced driver already in place. Spare trucks available. Double digit organic growth forecast. Turnkey and a great opportunity for semi absentee ownership with a full time manager already in ! ISP compliant for size and nearly fully overlapped.

This business is ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary. Very profitable.

Detailed Information

Inventory:
Included in asking price
Employees:
19
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
22 trucks (included in purchase price) including spares (Home Based)
Competition:
Contractually protected service areas
Growth & Expansion:
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Expect annual growth of 10%+. Growth can also be achieved by adding/purchasing more routes.
Financing:
Sellers prefers a cash transaction but may consider small financing
Support & Training:
Extensive training will be provided including mentorship with existing contractor as needed.
Reason for Selling:
Seller retiring
Home-Based:
This business is Home-Based
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Business Location


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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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