SBA Pre qualified FedEx Contracting services; 40 routes & 40 trucks!

Homestead, FL
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Asking Price:$4,100,000
Gross Revenue:$4,200,000
Established Year:2010
Cash Flow:$1,200,000
Inventory:$750,000
BUSINESS DESCRIPTION

Minimum $500k per 500 stops+5 routes/6 vehicles

Turnkey FedEx contractor with over 40 trucks! This business has been established for over 14 years, currently holds over 48 employees and has 3 stations across South FL. Currently managing over thousands of stops, delivering over 2,000-4,000 packages daily between Kendall, Key Largo, and Big Pine. 40 exclusive routes with FedEx, agreements renew annually. Owner would rather have the new buyer remain with the same name, to avoid FedEx’s pre-qualification process if a new entity were to be involved. Product & customer base revenue is derived from last-mile pickup and delivery services with FedEx Ground. Standard payment is received per stop and per package, securing stable income in relation to the state of demand delivery volume. Grosses over $4,200,000 per year with a 25% profit margin. No lease or mortgage to assume, trucks park for free at each location!

Business may be financeable, also perfect for a foreign investor looking to obtain several EB5 visas, granting a green card! Owner may sell part of his business at an entry rate of $500k per 500 stops, with 6 vehicles included. Entire purchase price of $4,200,000 includes all 40 vehicles, employees, and the name of the company.


DETAILED INFORMATION
Location
Homestead, FL
Inventory
Not Included in asking price
Employees
48
Facilities
Locations will be disclosed pending binding NDAs.
Competition
40 exclusive route contracts with FedEx express!
Growth & Expansion
Plenty of room for growth! The consumer market no longer shops in person and the delivery market is only expanding.
Financing
No leases are set in place, the trucks park for free at each station.
Support & Training
Seller is open to training the new buyer for a mutually agreed amount of time.
Reason for Selling
Owner would simply like to retire and enjoy time with his family!
Franchise
This business is an established franchise
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Sabrina Perez
Sabrina Perez