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FedEx Ground Routes

Seminole County, FL

Seller Financing Available

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Asking Price:$735,000
Gross Revenue:$780,000
Established Year:2013
Cash Flow:$210,000
EBITDA:$210,000
Listing ID: 2190325Listing provided by BizBuySell
BUSINESS DESCRIPTION

FedEx Routes, SANFORD, FL

Well-established and highly profitable FedEx Ground P&D (pickup and delivery) routes, fully overlapped, based out of SANFORD, FLORIDA. Each route comes with an experienced driver already in place. Truck fleet included. Business comes with 15% more vehicles then needed for the daily operation. This helps to avoid rentals during peak volume times as well as assists to pick up extra volume from surrounding terminals.

Owner has been out of the daily operation for the last 3 years as he spends a majority of his time out of the country on other projects. The manager handles all aspects of the business other than payroll. Detailed due diligence materials provided.

Manager handles schedule, communication with all drivers, communication with corporate, preventative maintenance, WASHES and CLEANS all vehicles (very rare). Owners' role is to complete payroll weekly. Detailed due diligence materials provided.

Wages represent 50% or less than Revenue! Detailed due diligence materials provided.

These assets are ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary.

DETAILED INFORMATION
Location
Seminole County, FL
Inventory
Included in asking price
Employees
10
Facilities
8 trucks (included in purchase price). Trucks stored at FedEx facility (no charge). (Home Based)
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. Expected annual growth of over 10%. Growth can also be achieved by adding/purchasing more routes.
Financing
Assumable Truck Financing Available, Seller is open to discuss
Support & Training
Extensive training will be provided as necessary and required by FedEx. Additional Consulting on all aspects of operating is available.
Reason for Selling
Seller focusing on other business opportunities
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David Pierce
Phone Number
David Pierce
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