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05-14-2016, 10:57 AM #1
- Join Date
- Nov 2014
- Location
- Fort Lauderdale, FL
- Posts
- 64
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!
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09-09-2016, 04:46 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,876
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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