8 FedEx Ground Routes, Salinas (Watsonville) CA

, California 3 views 0 favorites

Financial Highlights
Asking Price
$1,300,000
Revenue
$466,000
Business Description

8 well-established and highly profitable FedEx Ground P&D (pickup and delivery) routes, fully overlapped, based out of SALINAS (WATSONVILLE) CALIFORNIA. Routes are contiguous making load sharing efficient. Each route comes with an experienced driver already in place. Truck fleet included. Spare vehicle(s) also available. Business expects double digit organic growth. Turnkey and a great opportunity for semi-absentee ownership with full time manager in place! Detailed due diligence materials provided. These assets are ready to generate cash flow on day one. Cash flow is NET of a full-time manager salary. Keywords: transportation, trucking, logistics, delivery, parcel, packages, UPS, FedEx, Ground, Home Delivery, Amazon Location: Watsonville, California Year Established: 2000 Number of Employees: 8 Home Based: Yes Facilities: 8 trucks (included in purchase price). Spares possibly available for additional purchase. Trucks stored at FedEx facility (no charge). Market Outlook/ Competition: Contractually protected service areas. FedEx continues to experience strong growth with consumer's move to e-commerce. Growth & Expansion: FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Expected annual growth of over 10%. Growth can also be achieved by adding/purchasing more routes.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 3

Favorites: 0