FedEx Ground Route For Sale Milwaukee, Racine, Wisconsin
FedEx Ground Route for sale $129,000! Currently grossing $156,728 per year and nets $92,042 as an owner/driver of the route and nets $50,000 as a manager/investor willing to pay an employee to drive! Route consists of 4 pickup and delivery stops and 1 line haul run Monday-Friday during the second shift (weekends off). Must have a current class A license if you intend to drive... Route currently has a qualified employee with driving requirements willing to transfer with business if given the opportunity. Protected territories are purchased through independent distributor and contracted through FedEx. Territory for this route includes the Milwaukee, Racine, Wisconsin area. Plenty of additional growth opportunity! Motivated seller, priced under market value!
What is the current yearly gross for this route? Currently the route grosses $156,728 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, insurance for your vehicles, and liability insurance for your business. The current owner estimates $64,685 per year in expenses/overhead to operate the business.
What type of vehicle do I need? The current owner uses a 2004 Volvo Tractor with a sleeper (989k miles) that is included with the purchase of the route. Estimated value is $13,000.
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 routes is $156,728 per year, minus $64,685 estimated yearly expenses as mentioned above gives you the net of $92,042 per year as a full time driver.
How does the selling price of the route get determined? All FedEx routes determine the selling price of their route by using a 2-3 multiple of their yearly cash flow/net income, plus assets. This business is under priced!
What are the company requirements? FedEx requires a class A license, 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 its competitor UPS. View the video to the right!
Why is the distributor selling? Owner is relocating out of the area.
Where is the terminal location? Located in Cudany, Wisconsin. Vehicle is left at the terminal overnight.
How long has the business been established? The current owner has had the route 7 years.
How many stops does the route driver do a day? Route does 4 stops and 1 line haul daily. The line haul averages about 100 miles each way to Chicago, Illinois.
How many days a week, and what hours do distributors work? Distributors work 5 days a week Monday through Friday with weekends off. Average hours of operation are during the second shift.
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 else should I know? FedEx Ground has enjoyed a successful working relationship with independent contractors for nearly 25 years. Established & Turnkey! Start making a generous income the day you take it over. Business nets $92,042 as an owner/driver of the route and nets $50,000 as a manager/investor willing to pay an employee to drive! Current employee willing to transfer if given the opportunity. This FedEx route is priced to sell at $129,000! Motivated seller, priced under market value! 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.