$1,800,000.00
Asking Price
Status: Active
Posting ID: 285703
3/19/24
Description
16 Routes, 25 Delivery Vehicles Prince George’s County, MD
New Price! Seize the opportunity to acquire a thriving operation from a tenured contractor with 13 years of experience in the FedEx Ground space. Route adjustments have led to improved profitability. Hit the ground running with over $2M in revenue!
Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers. No rental space required. No inventory required. No marketing required. Steady, predictable revenue. Grow with FedEx and capitalize on the home delivery trend!
To learn more about this exciting opportunity, submit our NDA and provide the required Proof of Funds in the amount of $450,000 to NDA@aegisroutes.com. You will be asked to attach your Proof of Funds 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. Once the NDA and Proof of Funds requirement has been met, you will be granted access to our online data room, which contains details about this listing. If you would like to fax an NDA, you may use the following number: 877-530-7727.
https://secure.rightsignature.com/templates/6fc837cf-1ea0-45dd-b1ba-a5baf78ca7e1/template-signer-link/cd1d5b51c22eceecde6b9c8afc9fdeb8
To learn more about FedEx routes, watch our video series in our YouTube Aegis Routes - YouTube and
Website: AEGIS ROUTES - ROUTES DELIVERED.
Are you Ready to Become a FedEx ISP?
Financing: SBA financing is available for this transaction in the amount of $1,600,000 or more.
What Does Financing do for you:
Purchase Example:
Purchase Price $1,800,000
10% Down, 10-year Amortization
Equity Investment: $265,000
SBA Loan: $1,535,000
Fees and Closing Costs: $68,258
Total SBA Loan: $1,600,919
Monthly SBA Debt Service: $21,156
Current Cash Flow: $510,000+
Annual SBA Debt Service: $253,875
Cash Flow Net of Debt Service: $256,125
Cash on Cash Return: 96.65%
To get more information about this FedEx P&D - 16 Routes, 25 Delivery Vehicles business for sale in Prince Georges 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 #285703 on BizBen.com. In addition to phoning Robert Damiano, make sure you email Robert Damiano above to get more info about this FedEx P&D - 16 Routes, 25 Delivery Vehicles, to ask any questions or request an appointment to see this business for sale. Thank you. Aegis Routes.
Contact
Details
Asking Price: $1,800,000.00
Down: $450,000.00
Cash Flow: $510,000.00
Revenue: $2,058,000.00
Area: Prince Georges County
City: None Given
Attributes:
My Notes About This Listing