FedEx Home Delivery Routes For Sale Syracuse, Auburn, New York
2 FedEx Home Delivery Routes for sale $149,000! Business includes 2 vehicles worth an estimated $25k, and 1 employee willing to transfer if given the opportunity. Territory is purchased through independent distributor and contracted through FedEx. Currently grossing $195,000 per year and nets $85,000. Territory for this route includes the Syracuse, Auburn, New York area. Trucks are picked up and dropped off at the terminal located in Syracuse, New York as well! Business reflects income as an owner/operator.
What is the current yearly gross for this route? Currently this route grosses $195,000 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 $110,000 per year in expenses/overhead.
What type of vehicle do I need? The current owner runs this business with 2 vehicles, a 2007 Freightliner (179k miles), 2002 Workhorse Step Van (396k miles with new engine and transmission), that are included with the route. Estimated $25,000 value!
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 $195,000 per year, minus $110,000 estimated yearly expenses as mentioned above gives you a net of $85,000 per year as an owner/operator.
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 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 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 is selling for financial reasons.
Where is the Terminal/pickup location? Located in Syracuse, New York.
How long has the business been established? The current seller has owned the business 5 years.
How many stops does the route driver do a day? Routes average 115-125 stops per day and work an average of 9-10 hours.
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. Additionally FedEx allows the purchase of some vacation time through the terminal.
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 day you take it over. Routes are located close to the terminal saving both time and money! Priced to sell quickly! Motivated seller! 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 information we recommend consulting with a former FedEx contractor who is extremely knowledgeable about the FedEx Business model. Schedule Your 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 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.