Logistics & DeliveryVerified Seller
FedEx Route Business in Cedar Rapids, IA - $899K - $290K Annual Cash Flow
Cedar Rapids, Iowa
Asking Price$899,000
Annual Revenue$1,620,652
EBITDA / Cash Flow$290,777Implied Multiple: 3.1x EBITDA
Executive Overview
Exceptional FedEx Ground Delivery Business in Cedar Rapids, Iowa, priced at $899,000 - a turnkey opportunity with robust revenue, modern fleet, and proven operational efficiency.
Key Investment Highlights
- •Strategically located Contracted Service Area (CSA) in Eastern Iowa
- •Diverse route mix: 75% eCommerce residential and 25% commercial deliveries
- •High-capacity operation dispatching 19 routes on peak days
- •Modern fleet with 21 vehicles, 14 trucks newer than 2019
- •Consolidated operation maximizing operational efficiency
Strategically merged in April 2024, this business represents a sophisticated consolidation of two high-performing delivery entities within the same terminal. The integration was meticulously planned to optimize operational workflows, reduce administrative overhead, and create a more streamlined, profitable enterprise.
With impressive 2024 financials showing a PCAT Revenue of $1,620,652 and an EBITDA of $290,777 (17.9%), this business offers a compelling investment opportunity. The well-maintained fleet, valued at $695,000, and a stable workforce of 20 employees plus three operational managers, provide a solid foundation for continued growth and success.