4 Highly Profitable FedEx LINEHAUL Routes, City of Industry CA

City Of Industry, CA (Los Angeles County)

4 Highly Profitable FedEx LINEHAUL Routes, City of Industry CA
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Asking Price: $1,210,000

Cash Flow: $400,000

Gross Revenue: $1,471,000

EBITDA: $400,000

FF&E: $200,000

Inventory: N/A

Established: 2000

4 Highly Profitable FedEx LINEHAUL Routes, City of Industry CA

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Business Description

4 FedEx Line Haul routes. 1 dedicated and 3 unassigned runs. All are team runs based out of the CITY OF INDUSTRY CALIFORNIA station. Includes 3 newer well-maintained tractors. Owner currently renting 4th tractor. Each run already has an experienced driver team in place. Each run averages nearly 4000 miles weekly. Strong demand for unassigned runs in City of Industry, very stable.

Operated from home office requiring minimal weekly work hours for owner.

Turnkey and a great opportunity for semi-absentee ownership. Detailed due diligence materials provided. Profitable from Day One!

Detailed Information

Location:
City of Industry, CA
Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 newer and well maintained tractors/trucks included (including spare). 2 rentals can be assumed at buyer's discretion. (Home Based)
Competition:
Competition is limited to other contract owners. FedEx negotiates new rates yearly and historically with increases. As long as you perform in accordance with the contracts, renewal is generally not an issue.
Growth & Expansion:
Expansion of the business could be achieved by adding trucks and purchasing other existing contracts. FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements.
Financing:
Seller prefers a cash transaction but may consider small short term financing
Support & Training:
Extensive training will be provided by seller before and after close, as necessary to ensure buyer is fully prepared.
Reason for Selling:
Sellers retiring
Home-Based:
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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