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For Sale: 12 FedEx Delivery Routes - 14 Vehicles - New Haven County, Connecticut

$1,050,000.00

Asking Price

  • Status: Active

  • Posting ID: 284637

  • 4/2/24

New Haven County 12 FedEx Delivery Routes - 14 Vehicles Business For Sale

Description

Acquire a profitable operation from a tenured contractor with 20 years of experience in the FedEx Ground space! Only 45 daily miles per route! Highly desirable Low Mileage Routes, Close to the Terminal with an enviable 6-day/week operation. Fleet Value at $534K – more than 50% of purchase price!

Deal Recap:
12 FedEx P&D Routes, 14 Delivery Vehicles in Southern Connecticut
Purchase Price: $1,050,000;
Trailing Twelve Months Gross Income: $ 1,554,232
Estimated Next Twelve Months Cash Flow: $290,000+
Estimated Vehicle Value: $534,000

Twelve FedEx Home & Ground Delivery Routes for sale for $1,050,000. Currently grossing $1,554,232+ and has estimated adjusted cash flow of $290,000+ per year. Includes 14 FedEx Delivery Vehicles worth an estimated $534,000 and 17 (FT & PT) in place. This business operates out of a South Connecticut Hub and currently has 17 Drivers and One Manager. Seller is willing to stay for a 30-day transition period, subject to negotiation. Territory for these routes is South Connecticut Hub. FedEx pays weekly! Great Predictable Cash Flow!

Financing: SBA Financing Scenario of $945,000. Financing rates are subject to change based on market conditions and credit worthiness of the applicant.

What Does Financing do for you:
Purchase Example:
Purchase Price $ 1,050,000
10% Down, 11%* Interest, 10-year Amortization
Equity Investment: $ 105,000
SBA Loan: $ 945,000
Fees and Closing Costs: $ 41,265
Total SBA Loan: $ 986,265
Monthly SBA Debt Service: $13,170 - $13,726
Current Cash Flow: $ 290,000++
Annual SBA Debt Service: $158,046 - $164,709
Cash Flow Net of Debt Service: $131,954 - $125,291
Cash on Cash Return: 125.7% - 119.3%

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 $260,000 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/d92e3b04-180c-49f1-b38f-b4972d604c3e/template-signer-link/717e941b216f03f9f58d54de7e6c8c97

OR

DOWNLOAD & COMPLETE the attached NDA and Fax to 877-530-7727, or email to NDA@aegisroutes.com. As part of the NDA application, be prepared to attach Proof of Funds. The Proof of Funds requirement for this listing is $260,000. 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 12 FedEx Delivery Routes - 14 Vehicles business for sale in New Haven 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 #284637 on BizBen.com. In addition to phoning Robert Damiano, make sure you email Robert Damiano above to get more info about this 12 FedEx Delivery Routes - 14 Vehicles, to ask any questions or request an appointment to see this business for sale. Thank you. Aegis Routes.

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Contact

  1. Name: Robert Damiano
  2. phone iconPhone: 206-550-0010
  3. phone iconPhone: 206-550-0010

Details

  1. Asking Price: $1,050,000.00

  2. Down: $260,000.00

  3. Cash Flow: $290,000.00

  4. Revenue:    $1,554,232.00

  1. Area: New Haven County

  2. City: None Given

  1. Attributes:

    Training & Support

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Related Links & Information Regarding This Posting

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