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18 FedEx Linehaul Routes for Sale- MD/NJ and PA!

Hagerstown, Washington County, Maryland 21740, United States
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Asking Price$8.29m
Revenue$8.36m
EBITDA$1.88m
Cash Flow$2.28m
Description
Established 3-year FedEx Ground Linehaul Operation for sale with excellent service and safety records! Current owner has grown the business and are looking to go into a different line of business. This sale includes the following Run Composition: 18 Total Linehaul Runs 4 Solo Assigned Linehaul Runs 5 Spot Runs 1 Team Temp Assigned Run out of Lehigh, PA 6 Solo Unassigned Linehaul Runs 2 Team Unassigned Runs out of Metuchen, NJ Full Time Manger in place with over ten + years of service.
Furniture Fixtures & Equipment
$2.40m
Inventory
Included in Asking Price
Business is
Home Based
Number of EmployeesFull-Time: 30Part-Time: 12
Year Established
2021
Reason Selling
Retiring and going into a different industry.
Facilities & Assets
24 Tractors will come with Sale. The financed tractors will be paid off and the 6 leased trucks will be assumed ($668,000). Routes only require 22 trucks to operate at the moment, the two extra trucks can just be on standby. (Home Based)
Support & Training
The owner is willing to stay on and support for 90 days.
Market & Competition
FedEx continues to grow year over year and FXG should see an increase while they absorb FedEx Express.
Growth Opportunities
FedEx One will provide double-digit growth opportunities for TSPs
Financing Options
Seller financing is available.To be discussed further with any potential buyers.
Asking Price$8.29m