15 FedEx Ground Routes, Baton Rouge LA

Baton Rouge, LA

Seller Financing Available

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Asking Price:$1,480,000
EBITDA:$395,000
Established Year:2000
Gross Revenue:$1,791,000
FF&E:$350,000
BUSINESS DESCRIPTION

Well-established and highly profitable FedEx P&D (pickup and delivery) routes based out of the BATON ROUGE LOUISIANA station. Routes are contiguous making load sharing efficient. 100% overlapped in compliance with FedEx requirements. Each route comes with a truck and experienced driver already in place. Spare vehicle(s) possibly available.

Business expected to see double digit organic growth. Turnkey and a great opportunity for semi-absentee ownership with full time managers in place! Detailed due diligence materials provided.

These assets are ready to generate cash flow on day one.



Keywords: shipping, box, transportation, trucking, logistics, delivery, parcel, packages, UPS, FedEx, Ground, Home Delivery, linehaul, Amazon


DETAILED INFORMATION
Location
Baton Rouge, LA
Inventory
Included in asking price
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5 owned trucks included in sale, remainder are rentals and leases (which can be assumed). Expenses related to rentals and leases are included in forecast EBITDA. Trucks park at FedEx facility overnight (no charge). Additional spares available for sale separately.
Competition
Contractually protected service areas.
Growth & Expansion
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Growth can also be achieved by adding/purchasing more routes.
Financing
Seller prefers a cash offer but may carry small financing for qualified buyer
Support & Training
Extensive training will be provided by seller as necessary to ensure buyer is fully prepared.
Reason for Selling
Downsizing larger operation
Home-Based
This business is Home-Based

BUSINESS LOCATION
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Allan Mendell
FXG Enterprises Inc
Allan Mendell