SOLD – TURNKEY 33 FedEx Routes in MD
Business for Sale in Baltimore - SOLD
Listing Number: 3210
TURNKEY OPERATION: 33 FedEx routes in Central Maryland – ISP model. Most are contiguous and overlapping Home Delivery & Ground further increasing profitability and route efficiency. Continuous growth with adding new service from USPS “SmartPost”. Fleet of 42 well maintained vehicles and a fully functional truck maintenance facility with on-staff mechanic. Vehicles are outfitted with GPS tracking and a full suite of safety and accountability analytics and reporting. 30 Drivers, 4 Managers and 1 assistant Manager.
Listing Broker
- Category: Freight Carrier & Moving Delivery
- Asking Price: $3,200,000
- Cash Flow: $635,035
- County: NULL
- FFE: $ 638,000
- Employees: 35 - Full-Time 12 - Part-Time
- Facilities: A new, State of the Art, well maintained indoor FedEx facility. Company also owns a fully equipped maintenance facility with on-site staff mechanic and houses the management and admin office.
- Relocatable? No
- Home Based? No
- Market Notes: Recession proof business that continues to take market share from the competition i.e. UPS, USPS and DHL.
- Growth Notes: 10% Organic growth continues fueled by the ever increasing e-commerce and B2B delivery and new service offering “SmartPost” from USPS.
- Support Training: Seller will support the orderly transition of the business for 30 days. Management team in place to handle the day to day operations.
- Financing Terms: Terms to be determined.
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