FedEx Home Delivery Routes For Sale – Griffin, Jonesboro, Stockbridge, Georgia

FedEx Home Delivery Routes for sale $700,000! Currently grossing an estimated $770,778 and nets $254,347 as an owner/manager of the business! Portfolio includes 6 PSA Routes and 4 Supplemental Routes, 11 vehicles and 10 employees willing to transfer if given the opportunity. All vehicles are paid in full. Territory is purchased through independent distributor and contracted through FedEx. Territory for this route is located in the Griffin, Jonesboro, Stockbridge, Georgia region. FedEx ISP requirements are being introduced to this area in June 2017 and this route will meet these future ISP requirements. Please be advised that the owner will not entertain seller financing, SBA loans, or third party lending. If seeking financing, buyer must be able to borrow against personal assets. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $700,000

Per Month

Cash Flow:

$ $254,347

Per Month

Financing:

$ No

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $770,778 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?

If seeking financing buyer must be able to borrow against personal assets. Seller will not entertain SBA loans. There is no seller financing for this route. 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: fuel, repairs, payroll, workers compensation, scanners, uniforms, and insurance. The current owners estimate $516,431 per year in expenses/overhead.

What type of insurance do I need?

Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.

What type of vehicle do I need?

The current owner operates the business with 11 vehicles that includes: 2008 GMC 3500 (108K miles), 2007 GMC 3500 (175k miles), 2007 GMC 3500 (164k miles), (2) 2006 GMC 3500 (169k miles), (4) GMC 10ft box trucks (mileage 154000 – 245,000) and (2) Ford Cargo Vans (mileage 177,000 – 213,000). All vehicles are paid in full. Estimated value is $95,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

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 $770,778 per year, minus $516,431 estimated yearly expenses as mentioned above gives you the net of $254,347 per year!

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income. Routes that are turnkey with a full time manager in place sell for up to a 4+ multiple.

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. 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.

FedEx Routes

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 Here.

Why is the distributor selling?

Owner is moving out of state.

Where is the Terminal/pickup location?

Seller will disclose location once an NDA has been executed.

How long has the business been established?

The current seller has owned the business for 3.5 years.

How many stops does the route driver do a day?

Routes average 925 stops per day combined.

How many days a week, and what hours do distributors work?

Employees work 5 days a week Tuesday through Saturday with Sunday, Monday off. Hours of operation are between 7am – 5pm.

What about vacation time or personal days?

As an independent distributor/business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire distributors with previous route experience at RouteReliefDrivers.com.  Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.

What is required in order to qualify for purchase?

Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity (must be an INC.). This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.

What else should I know?

This FedEx Business consist of all Home Delivery Routes which require NO back tracking to pick up packages at the end of the day. Established & Turnkey! Start making income the week you take it over. Includes 6 Full Time Routes and 4 Supplemental Routes, 11 vehicles and 10 employees willing to transfer if given the opportunity. This route will be ISP compliant when this is introduced to the area in June 2017. Priced to sell at $700,000! 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!  For additional Consulting Services with one of our FedEx route specialists Request A Consultation 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 Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.

FedEx Home Delivery
Georgia
Griffin Georgia United States