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7 FedEx Ground Routes, Salinas (Watsonville) CA

Watsonville, CA

Seller Financing Available

listing image
Asking Price:$732,000
EBITDA:$203,000
Established Year:2000
Gross Revenue:$956,000
FF&E:$150,000
Listing ID: 2313623Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-established and highly profitable FedEx Ground P&D (pickup and delivery) routes, fully overlapped, based out of SALINAS (WATSONVILLE) CALIFORNIA. 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 forecast includes the expense of a full time manager salary.





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

DETAILED INFORMATION
Location
Watsonville, CA
Inventory
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
7 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. Growth can also be achieved by adding/purchasing more routes.
Financing
Seller prefers an all cash transaction but may consider carrying for qualified buyers
Support & Training
Extensive training will be provided as necessary and required by FedEx.
Reason for Selling
Seller focusing on family
Home-Based
This business is Home-Based
BUSINESS LOCATION
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Allan Mendell
FXG Enterprises Inc
Phone Number
Allan Mendell
Call Phone