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Listed by:

Capital Business Solutions

Fedex P And D Route Little Rock Arkansas For Sale

Little Rock, Arkansas, US
Asking Price:
$799,000 Furniture / Fixtures included
Sales Revenue:
$1,331,213
Cash Flow:
$239,618

FedEx P&D routes domiciled in Little Rock, Arkansas. This operation is over scale for the terminal and handles eight percent of the volume while scale is five percent. Contractor is looking to downsize and selected fifty eight percent of the operation for sale. Seller will retain forty two percent and offers support to the new owner. Routes are optimized for efficiency. Ten zip codes, eleven trucks (one spare) and ten experienced full time employees that convey in the sale. Manager is the BC and runs the day to day operations. Five drivers and manager are cross trained to run any route. Six (6) trucks are three years old or less and have assumable debt to reduce the cash needed to close. No SBA Pre-Qualified Lending or Seller financing available for this carve out. Tax Returns are available for the entire operation during due diligence for a qualified CASH buyer. Financial information provided represents fifty eight percent of current contract. The new contract goes into effect in October ,2022 is for six (6) days a week service and has a five percent rate increase. No Sunday deliveries and the routes continue to deliver the same volume and save one day of operating expenses per week. Must submit NDA, proof of financial capability and work profile/resume.

Property Information

Premises Details:

FedEx Terminal is a co-location where all trucks are domiciled

Business Operation

Expansion Potential:

FedEx is increasing year over year with more e-commerce coming from consumers. FedEx plans for the future are to continue to build the Ground infrastructure to absorb FedEx Express into their FedEx Ground model and do away with the Express model run by FedEx employees.

Competition / Market:

FedEx is a known leader in the package delivery space. This independent contractor model continues to take market share away from UPS and the US Postal Service.

Reasons for selling:

Over scale and downsizing

Employees:
10
Years established:
2008

Other Information

Support & training:

Seller will assist in the orderly transition of the business and staff

Furniture / Fixtures value:
$330,000 - included in the asking price

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