11666 Royal Tee CirCape Coral, FL 33991

  • Other commercial real estate
For Sale
$2,500,000 View listing

Property Details for 11666 Royal Tee Cir

Year built
8
Property type
Other commercial real estate
Property subtype
Investment properties

Description

This exceptional business opportunity presents a chance to acquire established FedEx Ground routes in Southwest Florida, specifically in Cape Coral, Lee County (zip code 33991). The asking price is $2,500,000, offering a compelling 25.85% capitalization rate and a substantial net operating income (NOI) of $646,172. This turnkey operation boasts a gross revenue of $2,600,000 and includes a comprehensive package of assets. These assets encompass 24 new trucks, scanners, dollies, uniforms, and a team of 30 employees supported by a manager and a lead. The routes themselves are established through an independent distributor and operate under a contract with FedEx. The business is located at 11666 Royal Tee Cir, Cape Coral, FL. Importantly, this business is SBA eligible, presenting financing options for qualified buyers. This is a rare opportunity to acquire a well-established, high-performing business with significant growth potential in a thriving market. The business has been operational for eight years.

11666 Royal Tee Cir, Cape Coral, Florida

Location Insight

City
Cape Coral
County
Lee
State
Florida
Latitude
26.6174
Longitude
-82.0354

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