RoutesMichiganOakland

Select Categories Michigan
Pool Service Route in Detroit Metro Area For Sale!
$448,476Cash Flow: $150,000
Pool Service Route in Detroit Metro Area For Sale!

Detroit, MI

Well established pool service route, consists of 442 residential accounts, with an average monthly recurring billing of $37,373 plus repair income. Pools are currently serviced Mon-Fri, during swim season April - November. Owner charges for many extras. Terrific opportunity to learn the pool service business, or add on to your existing pool service business. 5 year covenant not to compete and transfer of accounts guarantee provided by seller. Agent

*SOLD* 7 FedEx Home & Ground Routes, 3 Supplemental, Michigan
$1,000,000Cash Flow: $290,000
*SOLD* 7 FedEx Home & Ground Routes, 3 Supplemental, Michigan

Lake Orion, MI

*SOLD* Click on ‘Contact Seller’ to be added to our mailing list and get first notification on our new listings coming in Michigan. 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 $300,000 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: $952,000 Purchase Price: $1,000,000 2015 Cash Flow: $290,000 Vehicle Value: $185,000 7 FedEx Home and Ground Routes, 3 Supplemental Routes, Oakland County, MI FedEx Home & Ground Delivery Routes for sale $1,000,000. Currently grossing $952,000 and Nets $290,000 per year as an owner of the business. Includes 5 FedEx Home Delivery Routes,1 Supplemental Home Delivery Route, 2 FedEx Ground Delivery Routes, 2 Supplemental Ground Delivery Routes in Contiguous Service areas, 10 FedEx delivery vehicles worth an estimated $185k, and 11 employees in place willing to transfer with the business. This business operates out of the Lake Orion, MI hub and currently has a manager in place, seller is a hands on owner who is willing to stay for a 30-45 day transmission period, subject to negotiation. Territory for these routes is Oakland County, Michigan. FedEx pays weekly! Great Predictable Cash Flow at a Great Price! Financing: SBA financing IS available for this transaction. 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. What Does Financing do for you: Example: 6.5% 10 year Amortization Equity Investment: $250,000 SBA Loan: $750,000 Working Capital: $ 25,000 SBA Guarantee: $ 23,250 Closing Costs: $ 20,000 Total SBA Loan: $818,250 Monthly SBA Debt Service: $9,291 Current cash flow: $290,000 Annual SBA debt service: $111,493 Cash Flow Net of Debt Service: $178,507 Cash on Cash Return: 71.4% 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.


Become a Premium Member Today!