5 FedEx Ground Routes, 6 FedEx Delivery Vehicles in Denver, CO.
ServiceFor Sale in Denver, CO
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 $150,000 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.
ISP Compliant, EXPERIENCED MANAGER! NEW FLEET!
Next Twelve Months Gross Income: $623,000
Purchase Price: $560,000
Includes $35,000 New Fleet Premium
Next Twelve Months Cash Flow: $175,000+
Vehicle Value: $120,000
5 FedEx Ground Routes, 6 FedEx Delivery Vehicles in Denver, CO. Incredibly NEW Fleet!
FedEx Home Delivery Routes for sale $560,000. Currently grossing $625,000 and Nets $175k+ per year as an owner of the business. Includes 5 FedEx Ground Routes, 6 FedEx Delivery Vehicles worth an estimated $120k, and 6 employees in place willing to transfer with the business. This business operates out of a Denver, CO Hub and currently has 5 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 Denver. FedEx pays weekly! Great Predictable Cash Flow at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $410,000.
What Does Financing do for you:
7.50% 10 year Amortization
Equity Investment: $ 150,000
SBA Loan: $ 410,000
Working Capital: $ 15,000
SBA Guarantee Fee: $ 12,750
Closing Costs: $ 10,000
Total SBA Loan: $ 447,750
Monthly SBA Debt Service: $5,315
Current cash flow: $175,000+
Annual SBA debt service: $63,778
Cash Flow Net of Debt Service: $111,222
Cash on Cash Return: 74.15%
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