Buying a Fed EX Route
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  1. #1
    Senior Member Reputation points: 3393
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    Buying a Fed EX Route

    Have a merchant that reached out to me looking to purchase a Fed Ex Route, any of my fellow daily funders have any experience in this particular Merger and Acquisition

    Thanks

    Brent
    Brent Goggins
    Business Credit Consultants
    ISO Relations Manager
    Direct: 518-776-7501
    Email: BrentG@bccusa.com

  2. #2
    Hi Brent,

    Many SBA lenders specialize in this specific acquisition.
    Nash Alexander
    646-768-9716
    nash@premiummerchantfunding.com
    pmfus.com

  3. #3
    Senior Member Reputation points: 12169
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    It's tough to do but we can help with business purchase finance providing the buyer has experience in the business and we can approve the APA/buy-sell agreement.

  4. #4
    Senior Member Reputation points: 68233
    Join Date
    Dec 2014
    Location
    Quogue, NY
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    1,108

    Hey Brent.. FedEx acquisitions can be tough in that the contracts state that the route itself (they call it a contract-not a route) cannot be used as collateral to a lender.

    With this deal you will need the purchasers FICO and last 2 personal or corporate returns, the P and L and Corporate return of the selling route, and most importantly- an equipment or asset list.

    I have done a few of these so reach out if you would like assistance..

    RG 516 510 3855

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