3 FedEx Ground Line Haul runs! Nets $98k per year!

CO

3 FedEx Ground Line Haul runs! Nets $98k per year!
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Asking Price: $550,000

Cash Flow: N/A

Gross Revenue: $607,436

EBITDA: $98,548

FF&E: $170,000

Inventory: N/A

Established: 2015

3 FedEx Ground Line Haul runs! Nets $98k per year!

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Business Description

Great expansion potential with 2 extra trucks! Seller financing!

3 FedEx Ground linehaul runs based out of CO. 2 assigned runs, 1 unassigned run. Grossed over $600k in 2018, and nets $98k after all expenses are paid. 5 trucks come free and clear at closing valued at more than $170k. Average weekly mileage 9,500+ This is a great opportunity to expand this operation with 2 extra trucks in the fleet a Buyer could put those to work!

Seller financing is available! A purchase price of $550,000.00 with $380,000.00 down, the seller will carry a note of $170,000.00.

Principals only! Seller request that all Buyers furnish proof of funds of $380,000.00 and have a signed NDA in place prior to any additional information being released. Please ask for Adam or Megan. Please allow 24 hours to hear from us.

Detailed Information

Employees:
4 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The trucks are stored at the station when they are not out on the road. The Contractor works from their home office and is on stand by if any issues come up. Once a month the terminal holds a safety meeting. Drivers typically leave out Tuesday and return over the weekend. Monday's are maintenance days where the trucks are prepared for the upcoming week. (Home Based)
Competition:
3 main competitors: 1-USPS 2-UPS 3-Amazon There is so much freight to be moved this list one day will be longer. But for right now these are the big three "competitors." FedEx moves a lot of packages for the post office, and the Amazon volume is less than 3% to 4% of the overall volume at FedEx Ground.
Growth & Expansion:
Contractors can buy out other Contractors to expand their operation. FedEx Ground typically does not want a Contractor to own more than 10% of a terminal volume.
Financing:
Purchase price of $550k, $380k, seller will carry $170k
Support & Training:
A training period will be provided to the Buyer.
Reason for Selling:
Downsizing/retiring
Home-Based:
This business is Home-Based
Business Website:
http://www.capitalroutesales.com
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Contact the Seller

(from currently available funds)
 
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Adam Armstrong

Business Listed By:
Adam Armstrong

Capital Route Brokers, Inc.

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