5 FedEx Home & Ground Routes, 6 FedEx Delivery Vehicles in Prosper, TX

Prosper, TX (Collin County)

Routes.ForSale
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Asking Price: $500,000

Cash Flow: $166,000

Gross Revenue: $700,000

EBITDA: $166,000

FF&E: $80,000

Inventory: N/A

Established: N/A

5 FedEx Home & Ground Routes, 6 FedEx Delivery Vehicles in Prosper, TX

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Business Description

NEW CSA - 100% Overlap - Prosper, TX - ZIP 75078

Please complete the attached NDA now and Fax to 877-311-0970, or email to NDA@Routes.ForSale, along with the first page of your bank or brokerage statement (with account number redacted), showing at least $350,000 downpayment for the purchase.

OR

COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.

https://secure.rightsignature.com/templates/7bdf0f39-9094-4e7c-b893-14a50b585a78/template-signer-link/3c00138261a82eb480e548aed283c3b1

Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.

100% Overlap, ISP Compliant, MANAGER!

Deal Recap:
NEW CSA
Delivery Area: Prosper, TX - ZIP 75078
Terminal: Sherman, TX
585-600 Stops per day
Fully Overlapped Home and Ground Delivery
Next Twelve Months Expected Gross Income: $700,000+
Purchase Price: $500,000
Next Twelve Months Proforma Cash Flow: $166,000+
Vehicle Value: $80,000
5 FedEx Home & Ground Routes, 6 FedEx Delivery Vehicles in Prosper, TX. 585-600 stops per day new CSA for 75078 ZIP Prosper TX. Sherman, TX

FedEx Home & Ground Delivery Routes for sale $500,000. Currently grossing $700,000 and Nets $166k+ per year as an owner of the business. Includes 5 FedEx Home & Ground Routes 6 FedEx Delivery Vehicles worth an estimated $80k, and 6 employees in place willing to transfer with the business. This business operates out of the Sherman, TX Hub and currently has 5 Drivers and One Manager on staff. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Territory for these routes is Prosper, TX 75078. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $150,000.

What Does Financing do for you:

Example:
$350,000 Down
8.25% 10 year Amortization

Equity Investment: $ 350,000
SBA Loan: $ 150,000
Working Capital: $ 0
SBA Guarantee Fee: $ 4,500
Closing Costs: $ 5,000 - out of pocket
Total SBA Loan: $ 154,500

Monthly SBA Debt Service: $1,895

Current cash flow: $166,000+
Annual SBA debt service: $22,740
Cash Flow Net of Debt Service: $143,260

Cash on Cash Return: 40.93%

Attached Documents


Detailed Information

Location:
Prosper, TX
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are garaged at FedEx Delivery Hub free of charge.
Competition:
The competition for FedEx Ground is USPS and UPS.
Growth & Expansion:
The growth of the business is linked to the growth of FedEx as a whole. FedEx Ground & Home delivery are the strongest segments of the FedEx Family. FedEx Ground & Home delivery have been driven by the boom in E-Commerce, which experts agree will continue indefinitely. E-Commerce currently makes up 9% of Retail sales, analysts believe this will grow by 35% through 2021. Analysts expectations are for FedEx Ground to continue to grow at an average of 13+%/year for the next 5 years.
Support & Training:
Seller is willing to stay on for 30-45 days, subject to negotiation.
Reason for Selling:
Other Interests, Retirement
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Contact the Seller

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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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