Business Overview

Excellent opportunity to take over a strong set of Fedex Ground Routes in the Utah market. Trucks are included in the purchase price, managers in place to ease transition. SBA approved with 20% down.
Don’t wait these sell quickly….

Financial

  • Asking Price: $2,200,000
  • Cash Flow: $520,884
  • Gross Revenue: $2,124,556
  • EBITDA: $520,884
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:Own
  • 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 home office and cell phone. Trucks are stored at the terminal.

Is Support & Training Included:

Seller will train and support transition for 30-45 days

Purpose For Selling:

Debt

Pros and Cons:

Routes are exclusive and protected

Opportunities and Growth:

Routes are growing year after year

Additional Info

The company was established in 2016, making the business 6 years old.

The business has 17 employees and resides in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell businesses. Nevertheless, the real factor and the one they tell you may be 2 entirely different things. As an example, they may claim "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of various other factors. This is why it is extremely vital that you not rely totally on a seller's word, but rather, utilize the vendor's solution combined with your total due diligence. This will paint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can suggest that profit margins are too tight. Numerous organisations fall into 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 take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in brand-new clients? Often times, companies have repeat consumers, which develop the core of their day-to-day revenues. Specific variables such as brand-new competition sprouting up around the location, roadway construction, and also staff turn over can affect repeat clients and adversely influence future profits. One important point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the possibility to build a returning client base. A last thought is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? How might the neighborhood median house income effect future revenue prospects?