Last Revised: 10/7/19. Posting #: 10249135
Key Words: fedex, fedex route, route, routes, delivery, delivery route, cedar rapids, linn, absentee, home based
Financial Info: Price: $995,000. Down: $300,000. Adjusted Net: $345,000. Annual Revenues: $922,000. Growth can also be achieved by adding/purchasing more routes. On average, annual growth of over 10%. Great opportunity for semi-absentee ownership with full-time manager in place. Clean books and financials.
Profile: FedEx Ground Routes For Sale: 10 well-established and highly profitable FedEx Ground routes based out of Cedar Rapids, Iowa. 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. (Home Based).
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
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Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: BizBenNetwork Facilitator Manager Jordan Green (at 925-785-2282) explains the crucial role that business wanted to buy postings on BizBenNetwork play in providing buyers with a voice within the small business marketplace. Included are the best practices for advertising a business wanted posting.
Key Words: buying a business, buy a business, selling a business, sell a business, buyer, business buyer, business buyers, business wanted, business wanted to buy, advertising, marketing, jordan green
Profile: During the sale of your business, you are going to encounter many types of business buyers. BizBenNetwork Manager Jordan Green identifies 6 classifications of business buyers for business owners to look out for and explains their interests and motivations for buying a business.
Key Words: buyer, buyers, business buyer, business buyers, buy a business, entrepreneur, acquisition, acquire a business, jordan green
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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Key Words: jordan green, intangible assets, equipment, value, business brokers, business owners, sellers, improvements, sales multiple, net income, business for sale, preparing a business for sale, valuation
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Comments & Replies: 11 Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
Profile: Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple BBN Members weigh in on this topic and give some very good reasons why confidentiality is so important to both sellers and buyers.
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Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
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