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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
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
pgagliardi@capitalbbw.com
- Category: Freight Carrier & Moving Delivery
- Asking Price: $3,200,000
- Gross Sales: $3,260,249
- Cash Flow: $635,035
- County: NULL
- Area: Baltimore
- FFE: $ 638,000
- Inventory: $0
- Real Estate: $0
- 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.
- Year Established: 2003
- Financing Terms: Terms to be determined.
- Reason for Selling: Semi-Retirement
- Inventory Included: No
- Is Franchise Yes
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes