FedEx Home Delivery Routes For Sale Jacksonville, Middleburg, Florida
FedEx Home Delivery and Ground Routes for sale $199,000, Currently grossing $215,000 per year and nets $74,610 as just a manager of the business. Territory is purchased through independent distributor and contracted through FedEx. Includes 2 full time routes, 2 employees willing to transfer with the business, and 2 vehicles! Territory for this route includes the Jacksonville, Florida area. Owner has backup drivers available if needed.
What is the current yearly gross for this route? Currently this route grosses $215,000 per year. Income documentation will be provided to all serious buyers.
How do I get paid? As an independent distributor you are paid per stop, per package, and through bonuses.
Can I finance the route? need Money? If you need financing, you can review additional Financing Options Here. There is no seller financing for this route.
What are my expenses and overhead? Expenses include, but are not limited to: fuel, vehicle, repairs, payroll, scanners, wokers compensation, insurance for your vehicles, and liability insurance for your business. The current owner estimates a total of $140,390 in expenses and overhead per year.
What type of vehicle do I need? The current owner runs this business with a 2004 Freightliner P500 (275k miles), and a 2001 Freighliner P100 (275k miles). Owner estimates total value of vehicles to be $20,000.
Does the company provide a fuel incentive? Yes, FedEx provides a fuel supplement based on current prices.
What is the Gross vs the Net income? The gross income for the route is $215,000 per year, minus $140,390 estimated yearly expenses as mentioned above gives you the net of $74,610 per year!
How does the selling price of the route get determined? FedEx routes determine the selling price of their route by using two methods a 2-3 year multiple of their yearly cash flow/net income, plus assets.
What are the company requirements? FedEx requires a background check, you must have no felonies and have a decent driving record. Additionally 6 months of driving experience of a similar delivery vehicle within the last year if operating as an owner/driver of the business. Owners do not need to meet this requirement if they don't intend to drive.
Do I have to sign a contract? Yes, as an independent distributor you sign a service agreement to represent FedEx. The contract is to protect both the company and its distributors.
Is this a viable business model for growth? Yes! Route values can be increased by new account openings, and additional growth in the area. FedEx uses sales reps to expand and develop the routes. In fact CNBC recently did a documentary called "Inside The Package Wars" showing the growth over the years of FedEx and it's competitor UPS. View the video to the right!
Why is the distributor selling? Owner wants to retire.
Where is the Terminal/pickup location? Located in Jacksonville, Florida.
How long has the business been established? The current owner has owned the business for 5.5 years.
How many stops does the route driver do a day? All three routes combined average 250 stops per day.
How many days a week, and what hours do distributors work? Drivers works 5 days a week Tuesday through Saturday with Sunday's and Monday's off on the Home delivery Side and Monday through Friday with weekends off on the ground side. On average from 7am - 5pm.
How many employees are there? This business has 2 employees who are willing to transfer with the business if given the opportunity.
What about vacation time or personal days? As an independent distributor/business owner you are responsible for the route being serviced. Terminal offers a program for vacation time (1 week off per year). Additionally there are currently independent drivers who have FedEx experience that can cover for more time needed off.
What else should I know? FedEx Home Delivery has enjoyed a successful working relationship with independent contractors for nearly 25 years. This FedEx Home Delivery and Ground Route are located within 20 minutes of each other. Priced to sell at $199,000! Contact Us About This Route Here!
How can I learn more about these type of routes? In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Learn More About FedEx Routes Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the most recent years sales revenue generated by the efforts of the current owner. As with any business you can make more or less.