14 FedEx P&D Routes For Sale

Sparrows Point, MD
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Asking Price:$1,150,000
Gross Revenue:$1,674,277
Established Year:2019
Cash Flow:$331,339
FF&E:$400,000
BUSINESS DESCRIPTION

Summary Overview:
Business operates an average of 14 P&D routes per day
All routes are domiciled out of a single terminal in Sparrows Point, MD
Full-time manager oversees all daily operations of the business (5 yrs. experience)
Seller has been in business 2019 and has decided to retire

NOTE: Business is within FedEx scale requirements and may be purchased by a single buyer (1 corp).


Financial Details:
2024 Projected Gross Revenue: $1,674,277
2024 Projected Cash Flow: $331,339

2024 YTD Gross Revenue (thru April): $518,477
2023 YTD Cash Flow: $91,936
YOY Revenue is up 7% vs. 2023

2023 Gross Revenue: $1,567,822
2023 Cash Flow: $310,385


Vehicle Details:
The business includes a total of 17 vehicles
Vehicles range from 2004 - 2021 with VERY reasonable mileages (most vehicles have less than 150k miles)
Estimated fleet value of over $400,000
All vehicles will be delivered free and clear to new owner


Asking Price:
$1,150,000


DETAILED INFORMATION
Location
Sparrows Point, MD
Inventory
Not Included in asking price
Employees
23
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Contractually protected service area.
Support & Training
Seller to offer reasonable transition period.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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AJ Ariss
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AJ Ariss