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VR Business Brokers - Clinton, NJ
59 Old Highway 22
Clinton, NJ 08809
(908) 735-6357
www.vrica.com
vr4061@vrbusinessbrokers.com
 

VR Business Brokers - New Haven CT

941 Grand Ave
2/F
New Haven, CT 06511
(203) 772-3773
www.vrnutmeg.com
jeff@vrnutmeg.com

Business Listing Details

LISTING#:
41980077

H2130: Transportation Services
Five FedEx Ground Routes with five trucks
LOCATION: West central Connecticut
  
ASKING
PRICE

$400,000
AMOUNT
DOWN

$400,000
REVENUES:
  
$516,415
DISCRETIONARY
EARNINGS

$153,986
TOTAL
ASSETS

$135,000
This offering includes the five Contract(s) with FedEx Ground to deliver and pick-up packages on a daily basis - in five contiguous Prime Service Areas [PSAs] in desirable sections of Connecticut. Also included are five approved trucks. The current owner operates one route, and employs drivers for his trucks on four other routes. He receives all Settlements from FedEx, and pays his drivers as employees. His other costs include the truck lease payments, fuel and maintenance for the trucks, all required insurances including Worker’s Compensation, and Annual Vehicle Registration Fees.
 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.