Business Overview

Excellent opportunity to own Fedex Ground routes in the high growth area of Savannah Georgia. Weekly Cash Flow = $7,815. Well run routes, great trucks included ($600,000), management in place. Buyer must fill out NDA & provide financials for more details.

Financial

  • Asking Price: $1,600,000
  • Cash Flow: $406,412
  • Gross Revenue: $1,800,000
  • EBITDA: $406,412
  • FF&E: $600,000
  • 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:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Run from a home office and cell phone

Is Support & Training Included:

Owner will train, but manager will stay

Purpose For Selling:

cash out into other business deals

Pros and Cons:

Routes are exclusive and protected

Opportunities and Growth:

Savannah is a hyper growth area for fedex

Additional Info

The venture was founded in 2012, making the business 10 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell companies. Nonetheless, the genuine reason and the one they say to you may be 2 completely different things. As an example, they might say "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of various other factors. This is why it is extremely crucial that you not rely completely on a vendor's word, yet rather, utilize the vendor's answer combined with your overall due diligence. This will repaint an extra reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses finance loans in order to cover things like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that earnings margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that need to be met or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract new clients? Often times, businesses have repeat clients, which create the core of their daily profits. Certain elements such as new competition growing up around the area, road building, and also staff turn over can influence repeat clients and adversely impact future profits. One important point to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the better the opportunity to construct a returning consumer base. A final idea is the general location demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? How might the local average home earnings effect future earnings prospects?