FedEx Ground & Home Delivery Routes For Sale – Northern Kentucky and Northern Cincinnati

FedEx Ground & Home Delivery Routes for sale $1,750,000! Currently this route is grossing an estimated $2,821,293 per year and nets $395,642. Includes 36 Ground PSA, Home Delivery and Supplemental routes, 36 vehicles and 36 employees willing to transfer with the business. All vehicles are paid in full and have a value in excess of $1,000,000. Well established, turnkey route with full time managers in place. Semi-passive income opportunity! Territory for this route includes the Northern Kentucky and Northern Cincinnati region. This route portfolio will meet future ISP requirements when they are introduced. Please be advised that owner will not entertain SBA loans, or third party lending. If seeking additional financing, buyer must be able to borrow against personal assets. Great investment backed by a NYSE company!

Frequently Asked Questions:

Price:

$ $1,750,000

Per Month

Cash Flow:

$ $395,642

Per Month

Financing:

$ No

Per Month

Listing:

$ Inactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $2,821,293 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, vehicle, repairs, payroll, and insurance. The current owner estimates a total of $2,425,651 in expenses and overhead per year.

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 36 vehicles that include: International Box Trucks, Freightliner 1200, Ford F650, Ford E450, Ford P1200, Ford P1000 and Ford Transit. Years of trucks range from 1999 – 2016 with 22 of the vehicles 2013 or newer. All vehicles are paid in full and have a value in excess of $1,000,000. 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 $2,821,293 per year, minus $2,425,651 estimated yearly expenses as mentioned above gives you the net of $395,642 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 a 4 multiple or more. The value of this route has been calculated using a multiple of 4 plus the value of the vehicles, which is in excess of $1,000,000, has been included.

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?

Seller is pursuing other business opportunities.

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 owner has owned the business for 15 years.

How many stops does the route driver do a day?

Routes combined average 1600 stops per day.

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

Drivers work 5 days a week Monday through Friday with Saturday and Sunday off for Ground Routes. Drivers of the Home Delivery Routes work Tuesday through Saturday with Sunday and Monday off. Hours of operation are between 7:30am – 4:00pm.

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?

FedEx Ground and Home Delivery have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 36 Ground PSA, Home Delivery and Supplemental routes, 36 employees willing to transfer with the business, and 36 vehicles paid in full! Great investment backed by a NYSE company! Priced to sell at $1,750,000! 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!

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 Ground & Home Delivery
Kentucky
Northern Kentucky United States