11 N. Michigan FedEx Operation 6 Day Turnkey! PRICE REDUCED

Asking Price$875,000

Cash Flow
$273,792
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,547,677

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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11 N. Michigan FedEx Operation 6 Day Turnkey! PRICE REDUCED


Asking Price$875,000

Cash Flow
$273,792
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,547,677

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Northern Michigan based provider of transportation services focused on delivery of FedEx Ground Corp packages. This CSA benefits from 6 day operation - lower expenses! Recent expansion!
This is a co-location, low employee turnover, and above average Stops Per On Road Hour ratio. With the forecasted continued addition of Smart Post and FedEx Express packages, explosive growth is predicted.
Silver Medal Status!
Newer fleet of 11 trucks (title in hand) with 5 more available for payment assumption - Seller also has own truck repair shop
2 Managers, 13 Active Drivers
11 zips
Average 11 routes dispatched daily. (No Sundays!)
About the Business
Years in Operation
12
Number of Employees
15
Facilities & Assets
Domicile FedEx Terminal
No marketing costs, overhead costs or receivables
Guaranteed weekly settlement payments - Recession proof!
Website
http://www.glasscitypartners.com
Market Outlook / Competition
These are contractually protected service areas. FedEx contracts with thousands of small businesses throughout the country. Each contract is secured by zip codes and geographic specific territories that are contiguous. This protects from competition from other FedEx Contracted Service Providers.
Opportunities for Growth
It's key to note that growth is and has been the rule for FedEx for many years. Contractors with FedEx will benefit from the infrastructure that is currently in place. Increased revenue from the organic growth of FedEx and their 1/4-billion-dollar marketing efforts. There is also opportunity for growth through acquisition of other service areas. Recession proof!
About the Sale
Seller Motivation
Retirement
Transition Support
We are a leader in contractor business solutions, can assure smooth transition and ongoing business success support through our services. Our staff has over 100 years of combined FedEx experience.
Financing Options
SBA financing available for qualified buyers with 10% down and 10% liquidity for work
Listing Info
ID
2320793
Listing Views
680

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Business Listed by: Carey Manders Glass City Partners

Listing ID: 2320793 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.