$945,000.00
Asking Price
Address: Carlsbad, 92008.
Status: Active
Posting ID: 283926
3/28/24
Description
North County San Diego! Rare opportunity to purchase 10 contiguous routes in Carlsbad, California 92008. Sale includes entire 92008 zip code. Territory includes downtown Carlsbad, business park, the mall, surrounding affluent neighborhoods and a lot of future growth!
Contracts with FedEX typically renew yearly- with contract and organic growth historically increasing income at approximately 10% per annum. Purchasing additional routes is also an additional way to increase revenue. It is turnkey and established. Nothing is needed.
Turn Key. Nothing needed, well-oiled machine with incredible staff
Included are 10 trucks, 14 drivers (part and full time), Highly experienced manager- who is also a FedEx certified driving trainer- which allows you to train new drivers in house. Manager and staff are eager to stay.
It is currently run Semi-Absentee.The owner works 10-20 hours per week. This includes 1-2 meetings per week at the FedEx Terminal in Oceanside. By hiring a second part time manager, business could easily be set up to be run completely absentee if desired. Business is simple to operate and no experience required.
Income is stable and predicable. FedEx direct deposits into your account weekly. Payroll is bi-monthly and done by ADP. Vehicle maintenance is done overnight at the terminal. FedEx provides complete financial accounting for all routes.
Sale includes all training and support necessary to ensure a smooth transition. $575,000 down and Seller financing of balance for qualified buyer. Call or email with any questions.
All Financial records and vehicle maintenance records available.
2022 Gross income of $1,111,451 net Income $233,436
2023 gross income of $1,146,992 with net income of $257,743
2024 Projected Gross $1,210,374 with net income of $279,210
To get more information about this FedEx Ground Routes - 10 Routes, Absentee Run business for sale in Carlsbad please phone Alan Smith at 760-419-6440 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283926 on BizBen.com. In addition to phoning Alan Smith, make sure you email Alan Smith above to get more info about this FedEx Ground Routes - 10 Routes, Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you.
Contact
Details
Asking Price: $945,000.00
Down: $575,000.00
Cash Flow: $257,743.00
Revenue: $1,146,992.00
Area: Carlsbad
City: Carlsbad
Attributes:
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