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May 14, 2019 — Recurring revenues from Fortune 50 FedEx: growing e-commerce business. True semi-absentee: manages by phone with long-term in-field supervisor. Keeps driver turnover low with competitive pay and perks. Good mix of newer/older trucks, detailed maintenance records, all provided free & clear. 500-600 stops daily, all ISP compliant, servicing contiguous affluent Treasure Coast area. Post Peak volume has not dropped as in past years, due to organic FedEx growth (18% '18 vs '17) and general e-commerce growth. All financials are up-to-date, accurate, verifiable. Pre-approved for 80% SBA loan, noted in Other Financing: CLEAN BOOKS AND RECORDS. Ask about option to reduce price $100,000 by assuming 3 truck leases.
FF&E (12Trucks): $220,000
Facilities: Business is home-based. Truck Storage: FedEx Warehouse. Terms & Options: No cost thanks to FedEx.
Other Financing: $668,000. Mos: 120. Rate: 8%. Mo Pmt: $8,104.68
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