Established FedEx Pickup and Delivery Operation – Queens, NY
This well-established logistics operation represents a turnkey opportunity in the Queens market, serving the Ozone Park and Richmond Hill territories. The business has maintained continuous operations for 14 years, demonstrating proven market stability and operational excellence.
Operational Overview:
The enterprise operates six dedicated pickup and delivery routes supported by a complete infrastructure including nine experienced drivers, eleven commercial vehicles, and established management systems. This comprehensive operational framework ensures seamless service delivery and revenue continuity.
Financial Performance:
The business generates annual gross revenue of $1,100,000 with net earnings of $421,194, representing a healthy profit margin of approximately 38%. The asking price of $995,000 reflects a reasonable 2.78x earnings multiple, positioning this as an attractive investment opportunity in the transportation sector.
Asset Portfolio:
The fleet consists of eleven commercial trucks with a current market value of $400,000. One outstanding loan balance of $100,000 exists on the vehicle portfolio, which is excluded from the purchase price, providing transparency in the transaction structure.
Location Advantages:
Strategically positioned in Queens, New York, the operation serves densely populated residential and commercial areas with consistent shipping demand. The established route structure and customer base provide immediate market penetration and revenue generation capability.
Financing Options:
Qualified buyers may access conventional bank financing, and the business meets SBA eligibility requirements, potentially enabling favorable lending terms for acquisition financing.
This opportunity offers immediate entry into the established logistics market with proven revenue streams, experienced personnel, and comprehensive operational infrastructure.
