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Fedex Linehaul
Location: United States -> Connecticut -> Willington
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

LUCRATIVE CASH MAKING FEDEX GROUND LINE HAUL TURNKEY OPERATION FOR SALE

This ten year old business has everything needed to get into partnership with FedEx. This Connecticut business operates out of the Hartford/Willington hub and is poised for growth in the right hands. A new Middletown hub will be open in a couple of years opening up new lanes and new routes for the entrepreneur that can capitalize on FedEx's amazing growth.

This business is turnkey and ready to go:
- 9 trucks, owned free and clear
- 9 single routes
- 8 full time drivers, 1 part time driver, 1 driver manager
- all trucks are housed at the FedEx hub
- current owner manages the business from home and is not a driver

Owner's cash flow for 2014 was $310,029 and is projected to be over $390,000 for 2015 and almost $450,000 in 2016 due to strategic route acquisitions and a recent pay increase from FedEx.
The owner is willing to stay on to assist the new owner. The business is priced at a bargain based on this year's cash flow.

ASKING PRICE: $1,025,000 (INCLUDES TRUCKS VALUED AT $227,500)

CALL: (860) 294-9375


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,561,305
Cash Flow:   $310,029
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $227,500
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Transition support provided
Reason For Selling:  Other business interests

Photos

View Larger Photo(s) Of Business
Fedex Linehaul Photo 1




Print Listing Id: 700247703
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Related Searches: Wholesale and Distribution  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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