Listing ID: 77542
Prime, FedEx P&D for sale in desirable, Alameda County zip code. Home deliveries make up 80% of revenue. Growth doubled from 2019 to 2020
One full-time manager handles daily operations from terminal
Excellent fleet of trucks of 11 trucks (7 trucks are 2020 and 2021).
Truck payments would be assumed by buyer.
Low daily miles provide relief from capital expenditures.
FedEx sales in 2020 doubled from 2019 and will continue to grow in 2021 due to the growth of online sales and continuation of work from home. These FedEx routes have a good fleet, reliable drivers and a long-term manager.
This fast-growing FEDEX delivery business comes with 11 trucks. Well-trained staff with one full-time manager make it easier for the new owner to make this transition a smoother experience.
The delivery is from warehouse to resident homes and businesses within these zip codes. All trucks are parked in a terminal with free rent, so the major expenses are only driver salary, fuel, workers compensation, repairs and maintenance.
This operation comes with a complete fleet of trucks. Payments to be assumed by buyer.
Dense, suburban territory offers low daily miles
- Asking Price: $1,825,000
- Cash Flow: N/A
- Gross Revenue: $1,762,225
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- 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
Why is the Current Owner Selling The Business?
There are all types of reasons individuals resolve to sell businesses. Nonetheless, the genuine factor and the one they tell you might be 2 absolutely different things. As an example, they might say "I have a lot of other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competitors, current reduction in earnings, or an array of other reasons. This is why it is really important that you not count entirely on a vendor's word, yet rather, use the seller's solution together with your total due diligence. This will repaint a more realistic picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses finance loans so as to cover items like stock, payroll, accounts payable, etc. Remember that in some cases this can mean that profit margins are too thin. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that should be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in brand-new customers? Many times, businesses have repeat consumers, which form the core of their day-to-day revenues. Certain variables such as brand-new competition sprouting up around the area, roadway construction, as well as personnel turnover can impact repeat customers and negatively affect future revenues. One vital thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business on a regular basis, the better the chance to build a returning customer base. A last idea is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional typical home earnings effect future revenue potential?