14 FedEx Home & Ground Routes, 14 FedEx Delivery Vehicles Prince Georges County, MD
ServiceFor Sale in MD
Financial & Assets Details
About the Business
AEGIS INVESTMENT GROUP, LLC | ROUTES.FORSALE | THE MOST COMPLETE PACKAGE!
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 $290,000 downpayment for the purchase.
COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
100% ISP Compliant, 100% Overlap
THREE EXPERIENCED MANAGERS! NEW FLEET!
Trailing Twelve Months Revenue: $1,300,000
Next Twelve Months Gross Income: $1,620,000
Purchase Price: $1,100,000, Plus Assumption of 4 Truck loans
Next Twelve Months Cash Flow: $367,000+
Vehicle Value: $140,000
14 FedEx Home & Ground Routes, 14 FedEx Delivery Vehicles in Prince Georges County, MD. Incredibly new fleet of vehicles.
FedEx Ground Delivery Routes for sale $1,100,000, Plus Assumption of 4 Truck loans. Currently grossing $1,620,000 and Nets $367k+ per year as an owner of the business. Includes 14 FedEx Home & Ground Routes 14 FedEx Delivery Vehicles worth an estimated $140k, and 17 employees in place willing to transfer with the business. This business operates out of a Maryland Hub and currently has 14 Drivers and THREE Managers in place, 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 Prince Georges County, Maryland. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $810,000.
What Does Financing do for you:
7.75% 10 year Amortization
Equity Investment: $ 290,000
SBA Loan: $ 810,000
Working Capital: $ 20,000
SBA Guarantee Fee: $ 24,900
Closing Costs: $ 20,000
Total SBA Loan: $ 874,900
Monthly SBA Debt Service: $10,385
Current cash flow: $367,000
Annual SBA debt service: $124,623
Cash Flow Net of Debt Service: $241,377
Cash on Cash Return: 83.23%
Growth & Expansion
The growth of the business is linked to the growth of FedEx as a whole. FedEx Ground & Home delivery are the strongest segments of the FedEx Family. FedEx Ground & Home delivery have been driven by the boom in E-Commerce, which experts agree will continue indefinitely. E-Commerce currently makes up 9% of Retail sales, analysts believe this will grow by 35% through 2021. Analysts expectations are for FedEx Ground to continue to grow at an average of 13+%/year for the next 5 years.
The competition for FedEx Ground is USPS and UPS.
Trucks are garaged at FedEx Delivery Hub free of charge.
Support & Training
Seller is willing to stay on for 30-45 days, subject to negotiation.
Reason for Selling:
Other Interests, Retirement