18 FedEx P&D Routes - Olathe, KS
Asking Price: | $899,000 |
Gross Revenue: | $2,038,962 |
FF&E: | $298,000 |
Cash Flow: | $278,104 |
EBITDA: | $278,104 |
Established Year: | 2002 |
Business Overview:
• 18 FXG Commercial & Residential Pickup & Delivery routes
• The delivery area is 80% Home Delivery and 20% Commercial Delivery
• The P&D routes are more urban than rural
• 1 Full-time Manager in place with over five + years of service
• Owner is selling to retire
• Owner acquired additional routes in December 2023 from a failing CSA in the same terminal increasing revenue
Financial Details:
• 2024 PCAT Revenue: $2,038,962
• 2024 Projected EBITDA: $278,104
• Equipment Value: $298,000
• Clean financials w/ 20 years of tax returns
Vehicle Details:
• 9 trucks included in purchase price with free and clear title
• 4 of the 9 trucks are 2019 or newer
• Owner is renting 9 trucks from other contractors in the building to service his CSA
• All trucks in good working order
• Fleet value (9 Trucks): $298,000
Employee Details:
• 24 employees (4 part time)
• 1 Full-time Manager who drives 20% of the time
• Both owners drive 20% of the time
Asking Price:
• $899,000
• SBA Financing may be available for qualified buyers