Business Overview

Excellent opportunity to purchase Fedex Ground Routes, Routes are exclusive and protected and Run 13 Trucks / Routes per day. Extra trucks are included in the sale, so no rentals will be needed during peak season. So 20 trucks at $530k value included. We already have this deal pre-approved with 2 banks, so don’t want make an offer.

Financial

  • Asking Price: $1,500,000
  • Cash Flow: $336,134
  • Gross Revenue: $1,120,653
  • EBITDA: $336,134
  • FF&E: $530,000
  • 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:14
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Run from home office and cell phone

Is Support & Training Included:

Seller will train and support as needed

Purpose For Selling:

Cash out

Pros and Cons:

Routes are exclusive and protected

Opportunities and Growth:

5%-12% organic growth

Additional Info

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

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell operating businesses. However, the genuine reason vs the one they tell you may be 2 entirely different things. For instance, they may state "I have too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be excuses to attempt to conceal the reality of altering demographics, increased competition, recent decrease in revenues, or a range of other factors. This is why it is really vital that you not count absolutely on a vendor's word, but rather, make use of the vendor's answer together with your general due diligence. This will paint a more sensible image of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. 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 in some cases this can indicate that revenue margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location bring in brand-new clients? Many times, operating businesses have repeat clients, which develop the core of their daily revenues. Particular aspects such as new competition sprouting up around the area, road building, and also staff turn over can influence repeat clients as well as adversely impact future profits. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the better the possibility to build a returning customer base. A final thought is the general area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? Just how might the neighborhood median house earnings effect future earnings prospects?