FedEx Route Acquisition for $250k
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  1. #1
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    FedEx Route Acquisition for $250k

    I have a prospect that wants to acquire the business he works for. Its a FedEx route that has been operating for 20 yrs. The selling price is $250,000. The buyer has good credit and 70% in cash. Therefore, he only needs $70,000 to purchase the business. The business only has tangible assets totaling $50,000, which are 3 FedEx trucks. The gross annual sale of the business is $300,000.

    Direct Lenders only please.
    William R. Mateo
    Mateo Capital Group
    Tel: (954)802-2833|Fax: (888)860-1508
    http://www.mateocapitalgroup.com
    Supporting Common Sense Financing!

  2. #2
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    Quote Originally Posted by Wmateo View Post
    I have a prospect that wants to acquire the business he works for. Its a FedEx route that has been operating for 20 yrs. The selling price is $250,000. The buyer has good credit and 70% in cash. Therefore, he only needs $70,000 to purchase the business. The business only has tangible assets totaling $50,000, which are 3 FedEx trucks. The gross annual sale of the business is $300,000.

    Direct Lenders only please.
    This could be an option:

    See program requirements below:

    MCA PURCHASE BRIDGE
    •Application from Buyer
    •Last 6 months of business bank statements from seller
    •3 months personal bank statements from buyer
    •Most recent tax return of the business
    •Purchase agreement if in place


    REQUIREMENTS OF THE PROGRAM
    •The business being acquired must have been in operation for over 5 years.
    •Buyer’s credit reviewed on a case by case basis
    •Minimum of $10,000 average monthly deposits
    •Both buyer and seller sign as guarantors
    •Buyer investment must be at least equal to the amount of the advance

    Dave Lambert
    FC Financial LLC
    727-233-1111
    dave@fcfinancialllc.com

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