SOLD-Semi-Absentee FedEx P&D Routes with SBA Lending

United States, Georgia

Asking Price: $1,200,000

Cash Flow: $315,813

Gross Sales: $1,367,456

Area: Lagrange

FFE: $403,733

Inventory: $0

Real Estate: $0

Established: 2016

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Patrick Gagliardi

Chief Operating Officer

954-633-7278

[email protected]

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Summary

SOLD-Semi-Absentee FedEx P&D Routes with SBA lending

Semi-Absentee FedEx P&D Routes serving the Columbus GA. metro area. Twelve quality FedEx compliant trucks in the fleet. Ten trucks dispatch on Mondays with nine trucks dispatching Tuesday through Friday and seven on Saturday. Experience manager and 13 drivers, many cross trained to run any route and want to stay on. Good books and records. SBA Pre-Approved for a qualified Buyer.

Detailed Information

Sub-Category: FedEx Routes for Sale

County: Muscogee

Employees: 12 - Full-Time, 2 - Part-Time

Facilities: FedEx Terminal is a co-location where all trucks are domiciled

Relocatable: No

Home Based: No

Market Notes: FedEx is a known leader in the package delivery space. This independent contractor model continues to take market share away from UPS and the US Postal Service.

Growth Notes: FedEx continues to increase year over year with more e-commerce coming from consumers. FedEx made a public announcement in April 2023 that FedEx Express model operated by FedEx employees will be fully integrated into the Ground model by June 2024. The Ground infrastructure was built to absorb FedEx Express into the Independent Contractor model and do away with the Express.

Support Training: Seller will assist in the orderly transition of the routes and staff

Financing Terms: SBA pre-approved lending for qualified Buyer with 20% equity injection amortized over 10 years

Reason for Selling: Downsizing the FedEx operation

Inventory Included: No

Is Franchise: No

Lender Prequalified: No

Absentee Owner: No

Selling Financing: No

Is FEE Included: Yes