Binghamton, NY

Summary

  • Route Composition: 18 Routes, 2 SmartPost

  • Employees: 24, Manager: 1

  • Seller's Reason For Selling: Seller is looking to reduce his FedEx holdings as he approaches retirement.

Financial Overview

  • Total Revenue: $2,126,696

  • Net Operating Income: $330,406

  • Value of the Fleet: $593,000

  • Listing Multiple: 4.54

  • Listing Price as a % of Annual Revenue: 70%

  • Years Owned: 15

The financial information presented is displayed as it was represented to Route Consultant. Buyers are encouraged to perform their own detailed financial due diligence.


Key Benefits

  • The routes underwent overlap in early September and are now fully compliant with FedEx.

  • SBA financing or conventional financing may be an option.

  • Very tax-efficient business due to the truck depreciation

  • No franchise royalties, marketing expenses, research and development costs, inventory overhead, or real estate to own

Truck Listing

  1. 1994 Chevrolet P30

  2. 2002 Dodge Caravan

  3. 2003 Ford P700

  4. 2003 Freightliner P1000

  5. 2003 Ford P700

  6. 2003 Ford P700

  7. 2003 International P1200

  8. 2006 Freightliner M2 Box Truck

  9. 2006 Freightliner P1200

  10. 2006 Ford P900

  11. 2007 Freightliner P1200

  12. 2009 Ford P700

  13. 2013 Ford P500

  14. 2013 Ford P1000

  15. 2013 Ford P1000

  16. 2015 Dodge Caravan

  17. 2016 Ford P1000

  18. 2016 Ford P1100

  19. 2017 Ford P1200

  20. 2017 Ford P1100

  21. 2017 Ford P1100

  22. 2017 Ford P1100

  23. 2017 Ford P1100