Business Overview

Excellent opportunity to own Fedex Ground Routes in the hyper growth area of Savannah GA. These are priced to sell and will move fast at this price. 17 routes, 17 trucks included ($475,000).
Lead drivers as management in place.

Financial

  • Asking Price: $1,995,340
  • Cash Flow: $590,553
  • Gross Revenue: N/A
  • EBITDA: $590,553
  • FF&E: $475,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:17
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Run from a home office and cell phone

Is Support & Training Included:

seller will train and support

Purpose For Selling:

cash out

Pros and Cons:

routes are exclusive and protected

Opportunities and Growth:

15% organic growth

Additional Info

The company was established in 2018, making the business 4 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. However, the genuine factor and the one they tell you may be 2 totally different things. As an example, they might say "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competitors, current reduction in profits, or an array of other reasons. This is why it is extremely vital that you not depend absolutely on a seller's word, yet instead, use the vendor's response combined with your total due diligence. This will repaint a more sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money in order to cover things such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that revenue margins are too small. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that have to be satisfied or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in brand-new clients? Many times, businesses have repeat consumers, which develop the core of their daily earnings. Particular elements such as new competitors growing up around the location, roadway construction, and employee turn over can influence repeat customers and negatively influence future earnings. One essential point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the higher the possibility to build a returning client base. A final thought is the general location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? Exactly how might the local average family earnings impact future income prospects?