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6 FedEx Home & Ground Routes, 8 FedEx Vehicles in Oakland County, MI100% OVERLAP & ISP COMPLIANT, with MANAGER!
$950,000Cash Flow: $317,000
6 FedEx Home & Ground Routes, 8 FedEx Vehicles in Oakland County, MI100% OVERLAP & ISP COMPLIANT, with MANAGER!

Oakland County, MI

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 $250,000 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/b6a2bf71-e8ce-4f34-bc30-575c7a31c016/template-signer-link/e49691f550ed9ed598a29340584f8e5f Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link. 100% Overlap and ISP Compliant, MANAGER! Deal Recap: 2018 Gross Income: $738,000 Next Twelve Months Gross Income: $835,000 Purchase Price: $950,000 Next Twelve Months Cash Flow: $317,000+ Vehicle Value: $150,000 6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles in Oakland County, MI. FedEx Home Delivery Routes for sale $950,000. Currently grossing $835,000 and Nets $317k+ per year as an owner of the business. Includes 6 FedEx Home & Ground Routes, 8 FedEx Delivery Vehicles worth an estimated $150k, and 7 employees in place willing to transfer with the business. This business operates out of a Oakland County, MI Hub and currently has 6 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 Michigan. FedEx pays weekly! Great Predictable Cash Flow at a Great Price! Financing: SBA financing IS available for this transaction in the amount of $700,000. What Does Financing do for you: Example: 25% Down 8.00% 10 year Amortization Equity Investment: $ 250,000 SBA Loan: $ 700,000 Working Capital: $ 20,000 SBA Guarantee Fee: $ 21,600 Closing Costs: $ 10,000 Total SBA Loan: $ 751,600 Monthly SBA Debt Service: $9,119 Current cash flow: $317,000+ Annual SBA debt service: $109,428 Cash Flow Net of Debt Service: $207,572 Cash on Cash Return: 83.03%


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