18 FedEx Ground Routes, West Coast Florida

Saint Petersburg, FL

Seller Financing Available

FDX P&D Van
Sale Pending
Asking Price:$1,375,000
Gross Revenue:$2,212,093
FF&E:$850,000
Cash Flow:$358,141
Inventory:$37,800
Established Year:2006
BUSINESS DESCRIPTION

Well established and highly profitable FedEx Ground Route based out of Saint Petersburg, Florida. The delivery area is 65% Home Delivery and 35% Commercial Delivery. Dense routes share 5 zip codes (4 full, 1 shared) which provide relief from capital expenditures. Each run comes with (1) truck and (1) experienced driver already in place. Two tenured (BCs) managers to handle the daily operational tasks of the business.

Turnkey and a great opportunity for existing contractor. Owner has two CSA from two different terminals so CSAs are combined financials, includes maintenance records for vehicles. This business is already generating very good cash flow. Owner has another CSA in this terminal and wants to downsize.

All buyers will need to provide proof-of-funds (personal financial statements and bank letter) to verify financial qualification, along with a NDA. Qualified buyers should have a good knowledge of the FedEx ISP model, as FedEx 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 institution approval process and FedEx Ground approval process for local and corporate levels.


DETAILED INFORMATION
Location
Saint Petersburg, FL
Inventory
Included in asking price
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
21 vehicles that are fully paid off
Growth & Expansion
Many opportunities for acquisitions in this area (Tampa and Palmetto terminals) all close by.
Financing
Cash, Seller financing available & contingent on cash down, SBA eligible
Support & Training
Seller is willing to help support Buyer during the first 30-days of transition.
Reason for Selling
Owner is getting out of the business after 18 years and is planning on relocatin
Franchise
This business is an established franchise
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H. Paul
Lawrence
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H. Paul Lawrence