Fedex Ground Independent Contractor, serving New Jersey

Business Description

15 employees- 2 Managers that operate the day to day operations- Owner lives out of state and operates business remotely. We provide P&D services for some of the most exclusive zip codes in NJ. (Springfield, Millburn, ShortHills, Chatham, Green Village). We have a contract with Fedex Ground Directly.

19 trucks will be included in the sale valued at: $569,600

Financial Summary

2023 Year to Date (30th Sept 2023)
Sales Revenue - $1,525,619

2023 Forecast
Sales Revenue - $1,783,622
Adjusted Net Income - $396,460

Assets included in list price - $569,600

List Price - $2m

Investment Rationale

New homes are being built in Chatham and Millburn NJ. Will increase revenue