FedEx Home Delivery Routes For Sale Williamson, Murfreesboro, Tennessee
6 FedEx Home Delivery Routes for sale $450,000! Currently grossing $550,000 in revenue and nets $125,000 per year as an owner/manager. This business has just been converted to the new ISP business model! Business includes 8 vehicles worth an estimated $75k, and employees willing to transfer if given the opportunity. Territory is purchased through independent distributor and contracted through FedEx. Territory for this route includes the Williamson, Murfreesboro, Tennessee area. Trucks are picked up and dropped off at the terminal located in Murfreesboro, Tennessee!
What is the current yearly gross for this route? Currently this route grosses $550,000 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: fuel, repairs, payroll, insurance for your vehicles, and liability insurance for your business. The current owner estimates $425,000 per year in expenses/overhead.
What type of vehicle do I need? The current owner runs this business with 8 vehicles, (3) P-500's and (5) cargo Vans. That is included with the purchase of the business. Mileage ranges from 100k-300k per vehicle. Estimated total value of vehicle assets is $75,000!
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 $550,000 per year, minus $425,000 estimated yearly expenses as mentioned above gives you the net of $125,000 per year as just an owner/manager of the business.
How does the selling price of the route get determined? All FedEx routes determine the selling price of their route by using a formula of their yearly gross to net 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 independent operators.
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 has other business opportunities.
Where is the Terminal/pickup location? Located in Murfreesboro, Tennessee near the airport.
How long has the business been established? The current seller has owned the business 8 years.
How many stops does the route driver do a day? Routes average plus or minus 550 stops per day between all 6 routes. Hours worked on average are 9-10 per day.
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 operator/business owner you are responsible for the route being serviced. There are currently independent drivers who have FedEx experience that can cover for driver time needed off.
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 in most cases require the buyer to form some type of entity such as an LLC or Corporation. 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. The current owner simply manages this business 5 days a week. Large territory, which will allow for plenty of future growth! Established & Turnkey! Start making income the day you take it over. Great opportunity for investors! Owner has just neogiated more money through additional bonus incentives which will increase future earnings! Priced to sell at $450,000. 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 with a current FedEx contractor Contact A Specialist 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.