Last Revised: 9/5/19. Posting #: 243688
Key Words: fedex, fedex routes, route, routes, delivery, delivery routes, ground routes, burbank, los angeles, absentee, home based
Financial Info: Price: $1,795,000. Down: $1,795,000. Adjusted Net: $625,000. Annual Revenues: $1,771,000. On average annual growth of over 10%. Growth can also be achieved by adding/purchasing more routes. Seller Financing Available.
Profile: FedEx Ground Routes For Sale: 15 well-established and highly profitable FedEx Ground routes based out of Burbank, California. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Turnkey and a great opportunity for semi-absentee ownership with full-time manager in place. Clean books and financials, including maintenance records for vehicles. This business is ready to generate cash flow on day one. FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. On average annual growth of over 10%.
Growth can also be achieved by adding/purchasing more routes. 17 trucks included in purchase price. (Home Based).
Seller Financing Available.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
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Profile: Having owned businesses for over 22 years, my interest turned to listing and selling businesses rather than owning them. I specialize in high volume restaurants, fast food independents & chains, bars, liquor stores, small manufacturers & service businesses in Orange and LA Counties in California.
Key Words: joe ranieri, remax, re/max commercial, business broker, restaurant, cafe, fast food, buffet, retail, bakery, food, juice, bars, mexican, coffee, tea, dessert, sandwich, grill, coffee house, mediterranean, turkish, pizza, asian, sushi, japanese, chinese, sports bar, diner, liquor, market, mart, orange, san bernardino, huntington beach, long beach, los angeles, costa mesa, hollywood, fountain valley, cerritos,
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Profile: New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. We believe in long term relationships with our clients. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese.
Key Words: escrow, bulk sale, helen yoo, new century escrow
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
Key Words: selling a business, seller, buyers, escrow, spencer siegel
Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
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Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
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