Need funding for buying a profitable, existing last mile pickup and delivery business. It is a very simple business model, only involves managing the trucks and the drivers. E-commerce is expected to grow at 20% every year between now and 2026 and the pickup and delivery routes have tremendous growth opportunity for expansion and increase in profits due to increased stop density. Self funding 25% of purchase price, need funding for remaining 75% of purchase price,. 15 trucks (2020/2021 bought new) valued at $625,000 included in purchase price of the route can be used as collateral. Net Profit margin for 2020 was 24.7%. Also, Route is protected and renewed every year and cannot be given to anyone else unless you consistently fail to meet client's requirements over a period of time.
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