10 FedEx Ground Routes, Tupelo MS
| Asking Price: | $575,000 |
| Gross Revenue: | $1,100,000 |
| FF&E: | $225,500 |
| Cash Flow: | $226,203 |
| Inventory: | $23,850 |
| Established Year: | 2022 |
Well established FedEx Corp CSA Route based in Tupelo, Mississippi. The delivery area consists of 60% commercial deliveries and 40% residential deliveries. This terminal has already gone through the Express merger and has picked up an increase in Express deliveries within the contracted zip codes. The zip codes surround the terminal within the city of Tupelo providing relief and support for greater flexibility. Each run comes with (1) truck and (1) experienced driver already in place that will stay on during the transition. There is one full time manager that handles the daily operational tasks. Owner has multiple CSAs throughout the country and has combined P&Ls. This will need to be cash offers, assumption of lease and some possible Seller financing. This business will generate high cash flow now that the Express business has taking its course. Owner has decided to downsize his overall operations.
All Buyers will need to provide proof-of-funds (personal financial statements and bank letter) to verify financial qualifications, along with an NDA. Qualified Buyers should have a good knowledge of the FedEx ISP model, as FedEx Corp requires Buyers to be or to become approved based on experience, commitment to safety, service, and capital support. Pinnacle Partner Services can help you with your financial institutions approval process and FedEx Corp approval process for the local and corporate levels.
BUSINESS LOCATION
