MergerPlace

FedEx Ground ISP ready Business!

Independence, Kentucky (Kenton)


  • Asking Price: $475,000
  • Gross Income: $752,061
  • Cash Flow: $122,587
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $230,000
  • Listing ID: #208307
  • Established: 2015
  • Employees: 8

Business Description

FedEx Ground business for sale in Northern Kentucky, minutes from Cincinnati, Ohio.

Features 7 routes, 7 drivers

Business has an FT manager in place that handles covering the routes when drivers are out sick, or on vacation time.

Projected Grossed for 2018: $752,061.00

Projected Net for 2018: $122,587.00

Routes average over 3,600 stops per week.

Routes are 100% completely overlapped with Ground and Home Delivery.

Trucks valued at nearly $230,000.00, free and clear at closing.

Only asking $475,000.00 Buyers must submit proof of funding.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Kentucky
Metropolitan Area: Independence
County: Kenton

Company Information

Year Established: 2015
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $475,000
Gross Revenue: $752,061
Cash Flow: $122,587
EBITDA: $122,587
FF&E: $230,000
Seller Financing Available: No

Property Information

Facilities:

Trucks are stored inside the hub where they are loaded and unloaded. The Contractor works from a home office. (Home Based)

Growth & expansion opportunities:

Contractors can purchase other routes from fellow Contractors.

Competition:

Contractors are provided exclusive service rights to the areas they deliver to. It's up to them to determine how to run their business.

Reason for selling:

Pursuing other interest.

Support & Training:

A training period will be negotiated and provided to the Buyer.

Contact Business Seller

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Business Listed By:

Adam Armstrong

Capital Route Sales