Absentee FedEx Business – 21 Routes With An All New Fleet

NC

21 Route P&D FedEx Business
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Asking Price: $3,600,000

Established: 2015

Absentee FedEx Business – 21 Routes With An All New Fleet

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Asset Sale Description

Highly Profitable 100% Absentee Run Business

** Sellers will only entertain strong offers from highly qualified Buyers. The Sellers have a Stellar Reputation with FedEx.

• Best Offers Accepted until Nov 12, 2021
• 37 Highly trained and tenured drivers
• Highly engaged PROACTIVE management team of 3
• Majority of the FLEET is 2019 or newer with low mileage
• Eligible for SBA financing
• Service is always 99.7% or above
• Value of the fleet included in the asking price
• Seller's Reason For Selling: Owners own businesses in multiple states and want to downsize
to focus on opportunities in other non-competing industries
• 21 routes could be reduced to maximize profit
• Buyers must have $500,000.00 cash on hand
• A 12 month subscription to hiring and applicant processing provided at no cost to Buyers
• Sellers Will Provide:
o upon Close of the Sale, Sellers will credit 2 NEW 16’ Cutaways at no cost to the Buyers
o All vehicles with free and clear titles to the new owners
o 30 Days consulting assistance after closing

FINANCIAL OVERVIEW
• 2021 Projected Total Revenue: $4,050,000
• 2021 Projected Net Operating Income: $981,000
• Fleet Value: $1,200,000

This is truly an absentee run business. Sellers live 1,200 miles away form the business location.

NOTE: This CSA is currently over scale and will need to purchased by a partnership group of 2 individuals ( 2 Separate Corporations )
The financial information provided in this listing was provided to Route Works. Prospective Buyers should complete their own financial analysis.

Detailed Information

Financing:
SBA Eligible
Support & Training:
30 Days post closing.
Reason for Selling:
Owners own businesses in multiple states and want to downsize to focus on opport
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Asset Sale Listed By:
Ellis Espy

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