$725,000.00
Asking Price
Status: Active
Posting ID: 284627
10/8/24
Description
10 FedEx P&D Routes, 10 Delivery Vehicles in Baltimore, MD
Highly Desirable Area!
Still Experiencing Positive Growth
Deal Recap:
Purchase Price: $725,000;
Trailing Twelve Months Gross Income: $ 1,046,000
Estimated Next Twelve Months Cash Flow: $200,000 +
Estimated Vehicle Value: $313,000
Ten FedEx Home & Ground Delivery Routes for sale for $725,000. Currently grossing $1,046,000+ and has estimated adjusted cash flow of $200,000+ per year. Includes 10 FedEx Delivery Vehicles worth an estimated $313,000 and 11 employees (FT & PT) in place. This business operates out of a Baltimore, MD Hub and currently has 11 Drivers and One Manager. Seller is willing to stay for a 30-day transition period, subject to negotiation. Territory for these routes is Baltimore, MD. FedEx pays weekly! Great Predictable Cash Flow! Volume increase expected with pending Express rollout.
Financing: Possible SBA financing may be available for the amount of $652,500. Financing rates are subject to change based on market conditions and credit worthiness of applicant.
What Does Financing do for you:
Purchase Example:
Purchase Price $ 725,000
10% Down, 9.5%-10.5% 10-year Amortization
Equity Investment: $72,500
SBA Loan: $652,500
Fees and Closing Costs: $ 25,230
Total SBA Loan: $ 677,730
Monthly SBA Debt Service: $ 8,770 - $9,145
Current Cash Flow: $ 200,000++
Annual SBA Debt Service: $105,236 - $109,739
Cash Flow Net of Debt Service: $94,764 - $90,261
Cash on Cash Return: 130.7% - 124.5%
To learn more about this listing please do the following:
COPY & PASTE the link below to your Web Browser address bar to digitally sign the NDA. Be aware that you will be asked to show Proof of Funds of at least $181,250 using your bank or brokerage statement. Please redact any sensitive information. Be mindful that if you plan to use retirement accounts as Proof of Funds, these funds should be accessible by the time of closing.
https://secure.rightsignature.com/templates/ae8345b3-90fb-4d05-851d-7b47b49e1b6b/template-signer-link/fc138d6a41d4eaca59e554db3a33dfef
OR
DOWNLOAD & COMPLETE the attached NDA and Fax to 877-530-7727, or email to NDA@aegiesroutes.com. As part of the NDA application, be prepared to attach Proof of Funds. The Proof of Funds requirement for this listing is $181,250. Use your bank or brokerage statement, with sensitive information redacted to meet this requirement.
After submitting NDA and Funds Verification, you will receive confirmation and instructions on how to gain access to the details of this listing. Upon your review, you may request a meeting with one of our Listing Specialists.
Are you Ready to Become a FedEx ISP?
To learn more about FedEx routes, watch our video series in our YouTube Aegis Routes - YouTube and
Website: https://aegisroutes.com/ .
Want to explore selling your routes?
Elevate your FedEx business with Aegis Routes – your reliable sales and consulting partner. Benefit from our proven excellence, tailored approach, and commitment to ethical practices. Receive a free, no-obligation business valuation, or avail additional services like new contract assessment and territory analysis.
At Aegis Routes, we don't just sell routes; we pave the way for your success. Connect with us today and embark on your journey to unlock the full potential of your routes!
To get more information about this 10 FedEx Delivery Routes - 10 Delivery Vehicles business for sale in Baltimore County please phone Robert Damiano (Broker) at 206-550-0010 and 206-550-0010 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284627 on BizBen.com. In addition to phoning Robert Damiano, make sure you email Robert Damiano above to get more info about this 10 FedEx Delivery Routes - 10 Delivery Vehicles, to ask any questions or request an appointment to see this business for sale. Thank you. Aegis Routes.
Contact
Details
Asking Price: $725,000.00
Down: $181,250.00
Cash Flow: $200,000.00
Revenue: $1,046,000.00
Area: Baltimore County
City: None Given
Attributes:
My Notes About This Listing