MergerPlace

Five FedEx PSAs w/ 2 Supps 8 trucks

Florida


  • Asking Price: $550,000
  • Gross Income: $640,454
  • Cash Flow: $97,849
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #205704
  • Established: 1985
  • Employees: 8 FT

Business Description

Highly motivated seller with Five FedEx PSAs and two supplementals, all contiguous routes. Seven drivers dispatch daily plus one manager. Seven large step vans and one cargo van in the fleet are included free and clear. Well maintained equipment. Growth is attributed to new construction and building in the delivery zone. No seller and no lender financing. Must sign NDA and provide proof of financial capability for details.


Business Details

Primary Business Category: Couriers, Warehousing & Storage
Location: Florida

Company Information

Year Established: 1985
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 8 FT

Financial Information

Asking Price: $550,000
Gross Revenue: $640,454
Cash Flow: $97,849
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

Trucks are domiciled inside the FedEx terminal in West Palm Beach, Florida at no cost to the contractor.

Growth & expansion opportunities:

This entire FedEx Contractor model has been growing consistently. There is continuous growth in the delivery area with new home developments being built.

Competition:

FedEx continuous to take market share from UPS and the United States Postal Service with this Independent Contractor model. The future ISP model will begin the conversion in 2019.

Reason for selling:

FedEx contractor is selling the P&D business to expand his Long Haul business.

Support & Training:

Experienced manager handles the day to day operations. The Seller operates Long Hauls in the same terminal and will be available for an orderly transition and future consultation.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Patrick Gagliardi

Capital Business Solutions