*AVAILABLE* 3 FedEx Linehaul Routes N. Virginia

VA

Routes.ForSale
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Asking Price: Get Financing: $310,000

Cash Flow: $103,000

Gross Revenue: $460,000

EBITDA: $103,000

FF&E: $90,000

Inventory: N/A

Established: 2013

*AVAILABLE* 3 FedEx Linehaul Routes N. Virginia

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Business Description

*AVAILABLE* 3 FedEx Linehaul Routes Northern Virginia; 2 Assigned and One Unassigned. 5000 miles weekly!

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 $100,000 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. Please use '1' as Country Code for SMS verification.

https://secure.rightsignature.com/templates/cca06d0e-4947-4b6e-b357-dbd9279bc765/template-signer-link/686d2ea47f8da9f1e3829e7cf078f409

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

Deal Recap:
Gross Income: $460,000
Purchase Price: $310,000
2017 Cash Flow: $103,000
Vehicle Value: $90,000
3 FedEx Linehaul Routes and 3 FedEx tractors in Northern Virginia

3 FedEx Linehaul Routes Northern Virginia; 2 Assigned and One Unassigned, for sale $310,000. Currently grossing $460,000 and Nets $103,000 per year as an owner of the business. Includes 3 FedEx Linehaul Routes, 2 Assigned and One Unassigned, and 3 FedEx tractors worth an estimated $90k, and 3 employees in place willing to transfer with the business. This business operates out of a Northern Virginia Hub and currently has 3 CDL Drivers in place, Seller manages business; 10 hours weekly is time commitment. Seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!

Financing: SBA financing IS available for this transaction in the amount of $210,000.

What Does Financing do for you:

Example:
7.00% 10 year Amortization

Equity Investment: $ 100,000
SBA Loan: $ 210,000
Working Capital: $ 10,000
SBA Guarantee Fee: $ 6,600
Closing Costs: $ 7,500
Total SBA Loan: $ 234,100

Monthly SBA
Debt Service: $2,718

Current cash flow: $103,000
Annual SBA
debt service: $32,617
Cash Flow Net
of Debt Service: $70,383

Cash on Cash
Return: 70.38%

Attached Documents

Detailed Information

Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Tractors are garaged at FedEx Delivery Hub in Northern Virginia 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 Ground as a whole. FedEx Ground is one of the strongest segments of the FedEx Family. FedEx Ground delivery has been driven by the boom in E-Commerce, which experts agree will continue indefinitely. Analysts expectations are for FedEx to continue to grow at an average of 12%+/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
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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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