Business Overview

Excellent opportunity to own Fedex Ground Routes in the hyper growth area of Savannah Georgia. Weekly Cash Flow = $5,290… Trucks included ($400k) management if needed. Buyer must complete NDA and financial form in order to review.

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $300,000
  • Gross Revenue: $1,200,000
  • EBITDA: $300,000
  • FF&E: $400,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2012

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:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

run from home office and cell phone

Is Support & Training Included:

owner will train

Purpose For Selling:

cash out / business transition

Pros and Cons:

routes are exclusive and protected

Opportunities and Growth:

savannah is a hyper growth area for fedex

Additional Info

The company was established in 2012, making the business 10 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell businesses. However, the genuine reason and the one they say to you might be 2 entirely different things. For instance, they may say "I have too many other commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competition, recent reduction in profits, or a range of various other factors. This is why it is very essential that you not rely completely on a seller's word, but instead, utilize the seller's response together with your total due diligence. This will repaint a much more realistic picture of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that revenue margins are too thin. Many businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new consumers? Often times, companies have repeat consumers, which form the core of their day-to-day revenues. Particular factors such as new competitors growing up around the location, roadway building, and employee turn over can influence repeat customers as well as adversely influence future profits. One important point to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business often, the greater the opportunity to develop a returning customer base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? How might the neighborhood average household income impact future earnings potential?