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10 FedEx Ground Routes

Covington, Louisiana Transportation Seller financing

About this business

This is a turnkey FedEx Ground delivery business comprising 10 contiguous routes in the Covington area. The operation is well-established and highly profitable, with all routes generating double-digit organic growth since inception. Each route comes equipped with one truck and one experienced driver already in place, enabling efficient load sharing across the contiguous service area. The business is home-based and includes a full-time manager, making it suitable for semi-absentee ownership with the ability to generate cash flow from day one. Clean books and maintenance records are available for all vehicles. FedEx Ground provides consistent annual revenue growth through organic package volume increases and yearly inflation-adjusted revenue enhancements, with the business averaging over 10% annual growth. Additional growth opportunities exist through the acquisition of supplementary routes. The asking price for all routes and 10 vehicles is $525,000 in outright cash, plus an estimated $275,000 in possible vehicle financing, plus $300,000 in seller financing, for a total purchase price of $1,100,000.

Financial overview

Gross Revenue $1.9M
SDE $644.1K
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple 1.71×
Revenue Multiple 0.58×
SDE Margin 34.1%
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Location

Covington, Louisiana

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Asking Price $1,100,000