MergerPlace

TURNKEY: 33 FedEx Routes in MD

Baltimore, Maryland (Baltimore)


  • Asking Price: $3,200,000
  • Gross Income: $3,260,249
  • Cash Flow: $635,035
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $638,000
  • Listing ID: #200605
  • Established: 2003
  • Employees: 35 FT - 12 PT

Business Description

TURNKEY OPERATION: 33 FedEx routes in Central Maryland - ISP model. Most are contiguous and overlapping Home Delivery and Ground further increasing profitability and route efficiency. Continuous growth with adding new service from USPS "SmartPost". Fleet of 42 well maintained vehicles and a fully functional truck maintenance facility with on-staff mechanic. Vehicles are outfitted with GPS tracking and a full suite of safety and accountability analytics and reporting. 30 drivers, 4 managers and 1 assistant manager.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Maryland
Metropolitan Area: Baltimore
County: Baltimore

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 35 FT - 12 PT

Financial Information

Asking Price: $3,200,000
Gross Revenue: $3,260,249
Cash Flow: $635,035
FF&E: $638,000
Seller Financing Available: No

Property Information

Facilities:

A new State of the Art, well maintained indoor FedEx facility. Company also owns a fully equipped maintenance facility with on-site staff mechanic and houses the management and admin office.

Growth & expansion opportunities:

10% Organic growth continues fueled by the ever increasing e-commerce and B2B delivery and new service offering “SmartPost” from USPS.

Competition:

A recession proof business that continues to take market share from the competition i.e. UPS, USPS and DHL.

Reason for selling:

Semi-retirement

Support & Training:

Seller will support the orderly transition of the business for 30 days. Management team in place to handle the day to day operations.

Contact Business Seller

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Business Listed By:

Patrick Gagliardi

Capital Business Solutions