18 FedEx P&D Routes - Olathe, KS

Olathe, KS
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Sale Pending
Asking Price:$899,000
Gross Revenue:$2,038,962
FF&E:$298,000
Cash Flow:$278,104
EBITDA:$278,104
Established Year:2002
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Olathe, KS
Inventory
Not Included in asking price
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Delivery vehicles are dispatched each morning and return each evening to the FedEx ground terminal. There is no charge to keep the delivery vehicles inside the secure FedEx terminal.
Financing
SBA Financing may be available for qualified buyers
Support & Training
Owner will provide consultative support to ensure seamless transition.
Reason for Selling
Owner is selling to retire
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Steve
Ramsthel
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Steve Ramsthel