MergerPlace

Five FedEx PSAs w/ two supps 8 trucks

Florida


  • Asking Price: $550,000
  • Gross Income: $731,075
  • Cash Flow: $205,267
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #209488
  • Established: 1985
  • Employees: 8

Business Description

Highly Motivated Seller with Five FedEx PSAs and Two supplementals, all contiguous routes. 7 drivers dispatched daily plus 1 manager. 7 large step vans and 1 cargo van in the fleet are included free and clear. Well maintained equipment. Growth attributed to new construction in the delivery zone. Financials shown are from trailing twelve months: July 2017 through June 2018. Must sign NDA and provide proof of financial capability for details.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Florida

Company Information

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

Financial Information

Asking Price: $550,000
Gross Revenue: $731,075
Cash Flow: $205,267
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

Trucks are domiciled inside the FedEx terminal in West Palm Beach at 0 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. 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

Competition:

FedEx continuous to take market share from UPS and the United States Postal Service with this Independent Contractor model. The future ISP model with overlapping services will begin 2022.

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

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Business Listed By:

Patrick Gagliardi

Capital Business Solutions