Hot Listing
Huge FedEx Linehaul Business for sale - ABSENTEE
Business Description
Extremely rare opportunity to get into the FedEx linehaul business and immediately become one of the largest contractors in the country. Absentee-owned linehaul operation with 30-year track record with FedEx. Business includes 41 dedicated linehaul runs and 12 unassigned runs. Runs domiciled out of 5 markets. 8 full-time managers oversee all operations.
Asking price based on standard 4x multiple of TTM cash flow. Business has been pre-approved for $8 million in debt financing by preferred lender. Buyer will need to provide cash/alternative financing for balance of the purchase price.
Asking price based on standard 4x multiple of TTM cash flow. Business has been pre-approved for $8 million in debt financing by preferred lender. Buyer will need to provide cash/alternative financing for balance of the purchase price.
About the Business
- Facilities & Assets
- Outstanding fleet of 75 vehicles included with the business. Fleet is a mix of owned, financed and leased vehicles. All owned/financed vehicles will be delivered free and clear. Leases to be assumed by new owner. Very new fleet - most vehicles are 2020-2025 with very reasonable mileages.
About the Sale
- Seller Motivation
- Other ventures
- Transition Support
- Seller will provide reasonable transition period
Listing Info
- ID
- 2398957
- Listing Views
- 2177
Listing ID: 2398957 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.
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