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*SOLD NOVEMBER 2019* 16 FedEx Routes, Guilford Co., NC

For Sale in NC

Listing ID: 8415 | Broker Listing ID:
Listing Price: $1,530,000

Financial & Assets Details

Revenues: $1,654,000
Cash Flow: $510,000
FF&E: $280,000

About the Business

Year Established: 2010
Employees: 17

Business Description

Asking Price 1,530,000
Sale Price 1,200,000
Percent of Asking Price 78.43%
Months Listed to Sale 18
SBA Financing Yes

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. Analysts expectations are for FedEx to continue to grow at an average of 14.81%/year for the next 5 years.

Market Competition:

The competition for FedEx Ground is USPS and UPS.

Location Details:

Trucks are garaged at FedEx Delivery Hub in North Carolina free of charge.

Support & Training

Seller is willing to stay on for 30-45 days, subject to negotiation.

Reason for Selling:

Other Interests, Retirement

Listing ID: 8415

Contact Broker

Aegis Investment Group LLC Routes.ForSale Listings: 6(949) 793-2999 View My Listings

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