FedEx Distributorship - FedEx Ground Route For Sale Ohio, Pennsylvania
FedEx Route for sale $79,000! Territory is purchased through independent distributor and contracted through FedEx. Currently grossing $100,000 per year. Territory for this route includes the Ohio, Pennsylvania area. Truck is picked up and dropped off at the terminal located in Erie. Extremely motivated seller! This route is a steal with a 1 year ROI!
What is the current yearly gross for this route? Currently this route grosses $100,000 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? There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. However if you need money, you can review additional Financing Options Here.
What are my expenses and overhead? Expenses include, but are not limited to: route payment (if you finance), gas, repairs, insurance for your vehicles, and liability insurance for your business (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates $30,000 per year in expenses/overhead.
What type of vehicle do I need? The current owner runs this business out of a P-1000 truck (200k miles) and is included with the route. Estimated $15,000 value!
What is the Gross vs the Net income? The gross income for the route is $100,000 per year, minus $30,000 estimated yearly expenses as mentioned above gives you the net of $70,000 per year!
How does the selling price of the route get determined? All FedEx routes determine the selling price of their route by using the yearly gross income, plus assets. This route is under priced!
What are the company requirements? FedEx requires a third party background check, you must have no felonies and a decent driving record. Additionally 1 year of driving experience of a similar delivery vehicle you intend to drive within the last 3 years, or 5 years within the last 10 years if operating as an owner/driver of the business. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Access Accelerated Driver Training Program Here. 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? Distributor needs to relocate immediately.
Where is the Terminal/pickup location? Located in Erie, Ohio.
How long has the business been established? The current seller has owned the business for 4 year.
How many stops does the route driver do a day? Most routes average 60-70 stops per day and work an average of 8-9 hours.
How many days a week, and what hours do distributors work? Distributors work 5 days a week Monday through Friday with weekends off. On average from 7am - 5pm.
What about vacation time or personal days? As an independent distributor/business owner you are responsible for the route being serviced. Terminal will provide vacation time for up to 1 week per year if needed. Additionally There are currently independent drivers who have FedEx experience that can cover for time needed off.
What else should I know? This FedEx route has a high gross to net income as an owner/operator. For a slightly less net, as just the owner you can simply manage the business and manage an employee. Motivated seller, aggressively priced at $79,000! Just a 1 year Return on your investment! FedEx Ground includes commercial accounts, home delivery, and are in demand! 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.