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15 FedEx Ground Routes, Syracuse NY

East Syracuse, NY

Seller Financing Available

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Asking Price:$975,000
EBITDA:$271,000
Established Year:2000
Gross Revenue:$1,705,000
FF&E:$250,000
Listing ID: 2308783Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-established and highly profitable FedEx Ground P&D (pickup and delivery) routes, fully overlapped, based out of EAST SYRACUSE NEW YORK. Routes are contiguous making load sharing efficient. Each route comes with an experienced driver already in place. Truck fleet included. Spare vehicle(s) also available.

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

These assets are ready to generate cash flow on day one. Cash flow included the payroll expense of a full-time manager.





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

DETAILED INFORMATION
Location
East Syracuse, NY
Inventory
Included in asking price
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
16 trucks (included in purchase price). Spares possibly available for additional purchase. Trucks stored at FedEx facility (no charge).
Competition
Contractually protected service areas. FedEx continues to experience strong growth with consumer's move to e-commerce.
Growth & Expansion
FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Additional growth can also be achieved by adding/purchasing more routes.
Financing
Seller prefers cash offers but may carry small financing for qualified buyer
Support & Training
Extensive training will be provided as necessary and required by FedEx.
Reason for Selling
Seller retiring
Home-Based
This business is Home-Based
BUSINESS LOCATION
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Allan Mendell
FXG Enterprises Inc
Phone Number
Allan Mendell
Call Phone