10 FedEx P&D Routes, 10 Delivery Vehicles in Baltimore, MD
Asking Price: | $725,000 |
Gross Revenue: | $1,046,000 |
FF&E: | $313,000 |
Cash Flow: | $200,000 |
EBITDA: | $200,000 |
Established Year: | 2021 |
Highly Desirable Area! Still Experiencing Positive Growth
10 FedEx P&D Routes, 10 Delivery Vehicles in Baltimore, MD
Highly Desirable Area!
Still Experiencing Positive Growth
Deal Recap:
Purchase Price: $725,000;
Trailing Twelve Months Gross Income: $ 1,046,000
Estimated Next Twelve Months Cash Flow: $200,000 +
Estimated Vehicle Value: $313,000
Ten FedEx Home & Ground Delivery Routes for sale for $725,000. Currently grossing $1,046,000+ and has estimated adjusted cash flow of $200,000+ per year. Includes 10 FedEx Delivery Vehicles worth an estimated $313,000 and 11 employees (FT & PT) in place. This business operates out of a Baltimore, MD Hub and currently has 11 Drivers and One Manager. Seller is willing to stay for a 30-day transition period, subject to negotiation. Territory for these routes is Baltimore, MD. FedEx pays weekly! Great Predictable Cash Flow! Volume increase expected with pending Express rollout.
Financing: Possible SBA financing may be available for the amount of $652,500. Financing rates are subject to change based on market conditions and credit worthiness of applicant.
What Does Financing do for you:
Purchase Example:
Purchase Price $ 725,000
10% Down, 9.5%-10.5% 10-year Amortization
Equity Investment: $72,500
SBA Loan: $652,500
Fees and Closing Costs: $ 25,230
Total SBA Loan: $ 677,730
Monthly SBA Debt Service: $ 8,770 - $9,145
Current Cash Flow: $ 200,000++
Annual SBA Debt Service: $105,236 - $109,739
Cash Flow Net of Debt Service: $94,764 - $90,261
Cash on Cash Return: 130.7% - 124.5%
To learn more about this listing please do the following:
COPY & PASTE the link below to your Web Browser address bar to digitally sign the NDA. Be aware that you will be asked to show Proof of Funds of at least $181,250 using your bank or brokerage statement. Please redact any sensitive information. Be mindful that if you plan to use retirement accounts as Proof of Funds, these funds should be accessible by the time of closing.
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OR
DOWNLOAD & COMPLETE the attached NDA and Fax to 877-530-7727, or email to NDA@aegiesroutes.com. As part of the NDA application, be prepared to attach Proof of Funds. The Proof of Funds requirement for this listing is $181,250. Use your bank or brokerage statement, with sensitive information redacted to meet this requirement.
After submitting NDA and Funds Verification, you will receive confirmation and instructions on how to gain access to the details of this listing. Upon your review, you may request a meeting with one of our Listing Specialists.
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