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*SALE PENDING* 3 FedEx Linehaul Routes N. Virginia

VA

Routes.ForSale

Asking Price:$310,000

Cash Flow:$103,000

Gross Revenue:$460,000

EBITDA:$103,000

FF&E:$90,000

Inventory:N/A

Established:2013

*SALE PENDING* 3 FedEx Linehaul Routes N. Virginia

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Business Description

* SALE PENDING * Click on ‘Contact Seller’ to be added to our mailing list and get first notification on our new listings.

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. 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%

As as side note: If you are seeking SBA Financing on another FedEx deal please contact me for assistance. I have lenders other brokers do not.

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

Listing Statistics for Premium Members

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Darin Jerger

Business Listed By:
Darin Jerger

Aegis Investment Group, LLC

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