Baltimore City County, MD Transportation and Storage Businesses For Sale

Transportation and StorageMarylandBaltimore City

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* AVAILABLE * 17 FedEx Home Routes, 18 Vehicles Baltimore, MD
$1,800,000Cash Flow: $600,000
* AVAILABLE * 17 FedEx Home Routes, 18 Vehicles Baltimore, MD

Baltimore City County, MD

* AVAILABLE * You may fill out and sign the NDA online by PASTING the link below into your Web Browser or you may 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 $498,500 as your Proof of Funds. Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a link to Box.com. https://secure.rightsignature.com/templates/723c1dff-ed79-4d8d-99e4-4358e54bcf32/template-signer-link/2dd2a707ce8d83ca64ee3d5c577b36d3 Please use '1' as Country Code for SMS verification and enter your 10 digit cell phone number with no dashes. Deal Recap: Gross Income: $2,059,000 Purchase Price: $1,800,000 2018 Cash Flow: $600,000 Vehicle Value: $360,000 17 Home Routes, 18 FedEx Delivery Vehicles, Baltimore County, Maryland FedEx Home Delivery Routes for sale $1,800,000. Currently grossing $2,059,000 and Nets $600,000 per year as an owner of the business. Includes 17 Home Delivery Routes in Contiguous Service areas, 18 FedEx delivery vehicles worth an estimated $360k, and 22 employees in place willing to transfer with the business. This business operates out of a Baltimore, MD hub and currently has a Manager in place and a Maintenance-Back up Manager, 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 Baltimore County, Maryland. Owner has new contract with FedEx as of July 2017, which runs through July 2020. FedEx pays weekly! Great Predictable Cash Flow at a Great Price! Financing: SBA financing IS available for this transaction in the amount of $1,420,000. What Does Financing do for you: Example: 7.25% 10 year Amortization Equity Investment: $ 468,500 SBA Loan: $1,331,500 Working Capital: $ 20,000 SBA Guarantee Fee: $ 40,545 Closing Costs: $ 10,000 Total SBA Loan: $1,402,045 Monthly SBA Debt Service: $16,460 Current cash flow: $600,000 Annual SBA debt service: $197,521 Cash Flow Net of Debt Service: $402,478 First Year Equity Investment Cash Return: 85.91%


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