FedEx Ground

By |

FedEx Ground Routes For Sale – Orlando, Florida

FedEx Ground Routes for sale in the Orlando, Florida region for $2,000,000! Pre-approved for SBA financing with an estimated $212,000 down! Currently routes are grossing $2,086,525 and net $559,329. Includes 18 Ground routes and 25 vehicles. There are 22 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Well established routes with plenty of growth opportunity. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $2,000,000

Per Month

Cash Flow:

$ $559,329

Per Month

Financing:

$ Yes

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $2,086,525 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor you are paid per stop, per package, and through bonuses.

Can I finance the route?

Yes, this business has been pre-approved for financing of up to $1,788,000 (amount needed down is variable depending on buyer’s liquidity and credit score). Buyer must also meet the minimum SBA requirements for lending to include: a minimum credit score of 680 and relevant experience in the industry, or some type of previous management experience from another industry. View SBA loans or more Financing Options Here

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, repairs and maintenance, payroll, scanners, supplies, uniforms, taxes and licensing, advertising, accounting and office expenses, and insurance. The current owner estimates $1,527,196 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business:

(2) 2022 Ford F59
2004 Ford Super Duty
(2) 2007 Ford Econoline
1997 International 1000
(2) 2003 International Terrastar
(2) 1999 Freightliner
1998 Freightliner
(2) 1996 Freightliner
1997 Freightliner
2004 Freightliner
(2) 2001 Freightliner
2005 Freightliner
2009 Freightliner
2005 Freightliner
2006 Freightliner
2007 Freightliner
2012 Freightliner
2014 Freightliner
2001 Isuzu NPR

Estimated total value is $336,000. 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 $2,086,525 per year, minus $1,527,196 estimated yearly expenses as mentioned above gives you the net $559,329.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is retiring.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the business been established?

This business has been established for 10 years.

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

FedEx delivers 6 days per week, Monday through Saturday. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 18 Ground routes and 25 vehicles. Priced at $2,000,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Shelby County, Tennessee

FedEx Ground Routes for sale in the Shelby County, Tennessee region for $2,490,000! Currently routes are grossing $2,812,256 and net $500,958. Includes 19 Ground routes and 32 vehicles. There are 40 employees willing to transfer with the business including a manager and fulltime mechanic. Territory is purchased through independent distributor and contracted through FedEx. Well established route with plenty of growth opportunity. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $2,490,000

Per Month

Cash Flow:

$ $500,958

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes grosses $2,812,256 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, taxes and licensing, advertising, accounting and office expenses, and insurance. The current owner estimates $2,311,298 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business: 2006 International, 2006 Freightliner, (2) 2007 Freightliner, 2008 Freightliner, (2) 2013 Ford, 2014 Ford, (2) 2015 Ford, (2) 2016 Ford, 2017 Dodge Ram Van, 2018 Freightliner, (5) 2019 Ford, (2) 2020 Ford, (3) 2021 Freightliner, (8) 2021 Ford. Estimated total value is $1,330,997. 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 $2,812,256 per year, minus $2,311,298 estimated yearly expenses as mentioned above gives you the net $500,958.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is retiring.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the business been established?

This business has been established for 10 years.

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

FedEx delivers 7 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 19 Ground routes and 32 vehicles. Priced at $2,490,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – New Orleans, Louisiana

FedEx Ground Routes for sale in the New Orleans, Louisiana region for $950,000! Currently routes are grossing $1,253,398 and net $186,563 as an owner of the business. Includes 8 Ground routes and 11 vehicles. There are 12 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $950,000

Per Month

Cash Flow:

$ $186,563

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $1,253,398 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $1,066,835 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business:

(1) 2014 Ford transit 2500(2) 2016 Ford E-350(1) 2016 Ford E450(1) 2017 Ford F59(1) 2018 Ford F59(1) 2020 Ford E450(1) 2021 Ford E350(1) 2019 GMC 3500(1) 2021 GMC 3500(1) 2020 Dodge 3500

Estimated total value is $225,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $1,253,398 per year, minus $1,066,835 estimated yearly expenses as mentioned above gives you the net $186,563.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is pursuing other business opportunities.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 3 years.

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

Delivery is 6 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 8 Ground routes and 11 vehicles. Priced at $950,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Central Arkansas

FedEx Ground Routes for sale in the Central Arkansas region for $1,800,000! Some seller financing available plus pre-approved for some SBA financing. Estimated down payment is $850,000! Currently routes are grossing $2,497,123 and net $577,355 as an owner of the business. Includes 18 Ground routes and 22 vehicles. There are 24 employees willing to transfer with the business including 2 managers. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $1,800,000

Per Month

Cash Flow:

$ $577,355

Per Month

Financing:

$ Yes

Per Month

Listing:

$ Iinactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $2,497,123 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor you are paid per stop, per package, and through bonuses.

Can I finance the route?

Yes, this business has been pre-approved for financing of up to $660,000 (amount needed down is variable depending on buyer’s liquidity and credit score). Buyer must also meet the minimum SBA requirements for lending to include: a minimum credit score of 680 and relevant experience in the industry, or some type of previous management experience from another industry. Seller will also finance up to $290,000. View SBA loans or more Financing Options Here

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, repairs and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $1,919,767 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business using the following vehicles that are included with the sale of the business:

2016 Ford E350,
2017 Nissan NV2500
2016 Nissan NV2500
2017 Chevy 3500
2018 Ford E350
2019 Chevy Express 3500
2015 Nissan NV2500
2017 Ford Transit
2020 Ford Transit
2018 GMC Savana
2018 RAM PROMASTER
2020 GMC Savana
2017 Chevy Express 3500
2020 Chevy Express
2020 FORD P1000
2020 Chevy Express
2021 Chevy 3500 16′ BOX
2021 Chevy 12′ BOX
2021 Chevy 14′ BOX
2022 Freightliner MT45 P700
2022 Freightliner MT45 P700
2022 Ford E450

Estimated total value is $815,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $2,497,123 per year, minus $1,919,767 estimated yearly expenses as mentioned above gives you the net $577,355.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the contractor selling?

Owner is pursuing other business opportunities.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 1 year.

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

Delivery is 6 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 18 Ground routes and 22 vehicles. Priced at $1,800,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Covington, Louisiana

FedEx Ground Routes for sale in the Covington, Louisiana region for $785,000! Currently routes are grossing $1,389,750 and net $210,567 as an owner of the business. Includes 7 Ground routes and 15 vehicles. There are 11 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $785,000

Per Month

Cash Flow:

$ $210,567

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $1,389,750 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $1,179,183 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business:

2007 Ford P450
2007 Freightliner P900
2003 International Straight Truck
1999 Ford P350
2004 Ford P700
(2) 2014 Ford P1000
(2) 2014 Morgan Olson P1000
2018 Ford P1000
2019 Ford P700
2019 Ford P1000
2015 Ford P350
2020 Ford P1000
2021 Ford P1000

Estimated total value is $450,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $1,389,750 per year, minus $1,179,183 estimated yearly expenses as mentioned above gives you the net $210,567.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is retiring.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 3 years.

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

Delivery is 7 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 7 Ground routes and 16 vehicles. Priced at $785,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Southwest Missouri

FedEx Ground Routes for sale in the Southwest Missouri region for $1,200,000! Pre-approved for SBA financing with an estimated $180,000 down! Currently routes are grossing $3,369,769 and net $377,369 as an owner of the business. Includes 24 Ground routes and 34 vehicles. There are 40 employees willing to transfer with the business and 3 managers. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $1,200,000

Per Month

Cash Flow:

$ $377,369

Per Month

Financing:

$ Yes

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $3,369,769 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor you are paid per stop, per package, and through bonuses.

Can I finance the route?

Yes, this business has been pre-approved for financing of up to $1,020,000 (amount needed down is variable depending on buyer’s liquidity and credit score). Buyer must also meet the minimum SBA requirements for lending to include: a minimum credit score of 680 and relevant experience in the industry, or some type of previous management experience from another industry. View SBA loans or more Financing Options Here

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, repairs and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $2,992,400 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business:
(2) 1997 Freightliner P700
2000 Freightliner P1100
2001 Freightliner P1000
2001 Freightliner P1100
2005 Freightliner P1000
(5) 2005 Freightliner P1200
2005  Freightliner P500
2005 Freightliner P1200
2007 Freightliner P1000
2007 GMC 7500 Straight Truck
(4) 2011 GMC 12′ Box Van
2012 Ford F750 Sttraight Truck
(3) 2012 Ford 12′ Box Van
(2) 2012 GMC 12′ Box Van
2012 GMC 16′ Box Van
(2) 2012 Ford E350 12′ Box Van
2013 Chevy P1000
2013 FOord F750 Straight Truck
2016 GMC 12′ Box Van
2017 Ford Transit
2020 Freightliner P1000
2020 Freightliner P1200

Estimated total value is $795,200. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $3,369,769 per year, minus $2,992,400 estimated yearly expenses as mentioned above gives you the net $377,369.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is pursuing other business opportunities.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 7 years.

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

Delivery is 6 days per week, Monday through Saturday with some Sunday delivery during peak season. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 24 Ground routes and 34 vehicles. Priced at $1,200,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Silver Spring, Takoma Park, Maryland

FedEx Ground Routes for sale in the Silver Spring, Takoma Park, Maryland region for $600,000! Currently routes are grossing $610,734 and net $108,389 as an owner/driver. Includes 6 Ground routes and 6 vehicles. There are 8 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE! For a video presentation of this listing GO HERE.

Frequently Asked Questions:

Price:

$ $600,000

Per Month

Cash Flow:

$ $108,389

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes gross $610,734 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $502,345 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business:
2016 Ford P1000 (new engine with 6K miles)
2006 Ford P700 (new engine with 20K miles)
2005 Freightliner P1200 (245K miles)
2007 Freightliner P1000 (182K miles)
2013 Ford P1200 (78K miles)
2015 Ford P700 (116K miles)
Estimated total value is $120,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $610,734 per year, minus $502,345 estimated yearly expenses as mentioned above gives you the net $108,389.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is retiring.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 4 years.

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

Delivery is 5 days per week, Monday through Friday. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 6 Ground routes and 7 vehicles. Priced at $600,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Morristown, Tennessee

FedEx Ground Routes for sale in the Morristown, Tennessee region for $1,200,000! Currently routes are grossing $1,474,700 and net $305,641 as an owner of the business. Includes 10 Ground routes and 17 vehicles. There are 12 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE!

Frequently Asked Questions:

Price:

$ $1,200,000

Per Month

Cash Flow:

$ $305,641

Per Month

Financing:

$ No

Per Month

Listing:

$ Inactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes grosses $1,474,707 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $1,169,066 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business: 2016 Ford P1000, 2017 Ford P 1000, 2017 Chevrolet P450, 2018 Chevrolet P350, 2018 Freightliner P1000, 2017 GMC P600, 2018 Chevrolet P1000, 2018 Chevrolet P350, 2019 Chevrolet P500, 2019 Chevrolet P400, 2019 Chevrolet P350, 2019 Chevrolet P400, 2019 Dodge P450, 2020 Dodge P450, 2020 Ford P450, 2020 Chevrolet P450, 2019 Chevrolet P450.  Estimated total value is $550,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $1,474,707 per year, minus $1,169,066 estimated yearly expenses as mentioned above gives you the net $305,641.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is retiring.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 3 years.

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

FedEx delivers 7 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 9 Ground routes and 9 vehicles. Priced at $1,200,000! Contact Us About This Route Here!

How can I learn more about these types 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

By |

FedEx Ground Routes For Sale – Mount Dora, Eustis, Florida

FedEx Ground Routes for sale in the Mount Dora, Eustis, Florida region for $975,000! Currently routes are grossing $1,190,000 and net $299,926 as an owner of the business. Includes 9 Ground routes and 9 vehicles. There are 12 employees willing to transfer with the business including a manager. Territory is purchased through independent distributor and contracted through FedEx. Growing business backed by a publicly traded company on the NYSE! For a video presentation of this listing GO HERE.

Frequently Asked Questions:

Price:

$ $975,000

Per Month

Cash Flow:

$ $299,926

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the routes grosses $1,190,000 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor 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 and maintenance, payroll, scanners, supplies, uniforms, DOT physicals, accounting and office expenses, and insurance. The current owner estimates $890,074 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 worker’s 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 this business with the following vehicles that are included with the sale of the business: 2017 Ford P1100 (87,759 miles), 2021 Ford P1200 (24,109 miles), 2021 Ford P1200 (2,297 miles), 2022 Ford P1000 (3,226 miles), 2021 Ford P900 (25,305 miles), 2021 Ford P900 (20,922 miles), 2020 Ford P900 (27,244 miles), 2020 Ford Transit Van (51,247 miles) and 2020 Ford Transit Van (42,667 miles). Estimated total value is $500,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $1,190,000 per year, minus $890,074 estimated yearly expenses as mentioned above gives you the net $299,926.

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a multiple of their yearly cash flow/net income. Routes that are turnkey with a full-time manager in place sell for a higher 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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is downsizing his business.

Where is the Terminal/pickup location?

Terminal will be disclosed upon execution of an NDA.

How long has the seller owned the business?

The seller has owned the business for 10 years.

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

FedEx delivers 7 days per week. Route owner’s hours will be based on what is required to oversee the operation.

What about vacation time or personal days for drivers?

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 have enjoyed a successful working relationship with independent contractors for nearly 25 years. Includes 9 Ground routes and 9 vehicles. Priced at $975,000! Contact Us About This Route Here!

How can I learn more about these types 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 Line Haul

By |

FedEx Line Haul Route For Sale – Kernersville, North Carolina

FedEx Line Haul Routes for sale in the Kernersville, North Carolina region for $1,000,500! Currently grossing $1,006,730 per year and net $290,543 as an owner of the business. Includes 2 full time dedicated run and 1 Unassigned run and 4 vehicles. There are 3 full time and 2 part time employees willing to transfer with the business. Protected territories are purchased through independent distributor and contracted through FedEx. Well established routes with plenty of growth opportunity. Growing business backed by a publicly traded company on the NYSE! For a video presentation of this listing GO HERE.

Frequently Asked Questions:

Price:

$ $1,000,500

Per Month

Cash Flow:

$ $290,543

Per Month

Financing:

$ No

Per Month

Listing:

$ Inactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently the route grosses $1,006,730 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent contractor you are paid by mileage.

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, Workers’ Compensation, taxes/licenses, vehicle expenses, and insurance. The current owner estimates $716,187 per year in expenses/overhead to operate the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 this business with the following vehicle that is included with the sale of the business: 2014 Volvo VNL (586,660 miles), 2013 Volvo VNL (719,900 miles), 2014 Volvo VNL (542,500 miles), 2016 Freightliner 125 (876,000 miles). Estimated value is $60,000. 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 routes is $1,006,730 per year, minus $716,187 estimated yearly expenses as mentioned above gives you the net of $290,543.

How does the selling price of the route get determined?

FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, with no manager in place. Recent comparable sales with managers in place use a 3-4 multiple. This business is underpriced!

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 its competitor UPS. View The Video Here.

Why is the distributor selling?

Owner is downsizing.

Where is the terminal location?

The location of the terminal will be disclosed upon execution of an NDA.

How long has the business been established?

The current owner has owned the routes for 2 years.

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

Distributors work 7 days a week.

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 Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. This business is turnkey! Includes 2 full time dedicated runs, 1 unassigned run and 4 vehicles. Priced at $1,000,500! Contact Us About This Route Here!

How can I learn more about these types 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.