Established FedEx Ground Routes

Not Disclosed, FL
Palm Beach County

Palm Beach / Treasure Coast


Asking Price: Annual Revenue:
$795,000 $851,103

Services: Transportation - Trucking, Rail, Transit


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RE: Established FedEx Ground Routes Broker: Steve Fenton

Quick Facts

Asking Price: $795,000
Annual Revenue: $851,103
Net Profit: Not Disclosed
Cash Flow: $197,075
Total Debt: Not Disclosed
FF&E: $221,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 9
BBN Listing #: 674511185
Broker Reference #: 170-02857

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Business Overview:

RECURRING REVENUE: predictable weekly revenues from FedEx Ground. NO LEASE, SALES, MARKETING, BACK-OFFICE ADMIN EXPENSES: all performed by FedEx. SEMI-ABSENTEE: net income reflects business operated with tenured field supervisor and extra driver. VEHICLES FREE & CLEAR: 12 well-maintained trucks with logs. AFFLUENT, GROWING TERRITORY: 600-700 DAILY STOPS, Treasure Coast area. SBA LOAN APPROVED: this is rare in this business; clean financial statements, no "pro-forma" nonsense. Seller retirement age, will assist buyer with transition for success.

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Property Features and Assets:

Facilities: Business is home-based. Truck Storage: FedEx Warehouse. Terms & Options: No cost thanks to FedEx. Other Financing: $636,000. Mos: 120. Rate: 7.75%. Mo Pmt: $7,632.68

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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