6 Highly Profitable FedEx LINEHAUL Routes, Tracy CA

Tracy, CA (San Joaquin County)

6 Highly Profitable FedEx LINEHAUL Routes, Tracy CA
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Asking Price: $1,750,000

Cash Flow: $563,000

Gross Revenue: $1,973,000

EBITDA: $563,000

FF&E: $500,000

Inventory: N/A

Established: 2000

6 Highly Profitable FedEx LINEHAUL Routes, Tracy CA

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Business Description

6 FedEx Line Haul routes. 1 dedicated and 5 unassigned runs. All are team runs based out of the TRACY CALIFORNIA station. Includes 6 newer well-maintained tractors. Possible 7th (spare) available for sale. Each run already has an experienced driver team in place. Each run averages in excess of 4000 miles weekly, strong demand and 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:
Tracy, CA
Inventory:
Included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6 newer and well maintained tractors/trucks included. $500k+ in possible truck financing likely available to assume. (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:
Seller partners separating.
Home-Based:
This business is Home-Based
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Allan Mendell

Business Listed By:
Allan Mendell

FXG Partners

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