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20 FedEx Routes For Sale

Nashville, TN (Davidson County)

20 FedEx Routes For Sale
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Asking Price: $1,349,000

Cash Flow: $485,140

Gross Revenue: $2,160,000

EBITDA: $485,140

FF&E: $324,725

Inventory: N/A

Established: 2016

20 FedEx Routes For Sale

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Business Description

ISP and Overlap Compliant Route Area

Established FedEx Ground business in highly desirable region. Excellent growth potential, on track for 20% organic revenue growth in 2019. Entity is 70% overlapped in service area. Great stop density including 9 zip codes. Long tenured managers on staff allowing for potential absentee ownership. Seller willing to stay on to assist and train new buyer for 60 days (longer term negotiable).
SBA Financing is available for FedEx route businesses. See below for estimated SBA terms for this listing:

NOTE: This is an estimated scenario based on business asking price.

USE OF PROCEEDS
Business Asking Price (Goodwill + FF&E): $ 1,349,000
Working Capital: $ 30,000
+ SBA Loan Fees & Closing Costs: $ 29,521
= Total Project Cost: $ 1,408,521

YOUR PROPOSED LOAN TERMS
Total Project Cost: $ 1,408,521
Less: Down Payment: $ 352,130 (25%)
= SBA Loan Amount: $ 1,056,391

Interest Rate: 8.00% For a Term of: 10 years
Monthly Payment Amount: $ 12,817

Detailed Information

Location:
Nashville, TN
Employees:
22 includes mngr
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates out of local FedEx terminal. Vehicles are garaged free of charged.
Competition:
Contractually protected customer service area.
Support & Training:
Seller will provide a 60 day training period to assist with buyer transition.
Reason for Selling:
Forced to sell due to owner’s full time job merger
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Chris Holzgraf

Business Listed By:
chris holzgraf

Premier Route Consulting

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