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Listed by:

FXG Enterprises Inc

13 FedEx Ground Routes, Hampton For Sale

Hampton, Virginia, US
Asking Price:
$1,099,000
Sales Revenue:
$1,603,000
Cash Flow:
Undisclosed

Well-established and highly profitable FedEx Ground P&D (pickup and delivery) routes, fully overlapped, based out of HAMPTON (NEWPORT NEWS), VIRGINIA. Routes are contiguous, making load sharing efficient. Each route comes with an experienced driver already in place. The truck fleet was included. Spare vehicle(s) also available.

Turnkey and a great opportunity for semi-absentee ownership with a full-time manager in place! Detailed due diligence materials provided.

These assets are ready to generate cash flow on day one. The cash flow projection includes the payroll expense of a full-time manager salary. Profitable.

Property Information

Real Estate:

Real Property Included

Premises Details:

Small truck fleet included in purchase price. Seller rents and leases additional trucks. Buyer could assume debt or take over leases. Trucks stored at FedEx facility (no charge). (Home Based)

Business Operation

Expansion Potential:

FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly contract enhancements. Growth can also be achieved by adding/purchasing more routes.

Competition / Market:

Contractually protected service areas. FedEx continues to experience strong growth with consumer's move to e-commerce.

Reasons for selling:

Seller retiring

Employees:
14 Full-time
Years established:
26 years

Other Information

Support & training:

Extensive training will be provided as necessary and required by FedEx

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available

Seller prefers an all cash transaction but may carry small for qualified buyers

Home based:
This business can be run from home