The e-commerce boom that arrived in correlation with Covid-19 hasn’t shown any interest in slowing down. Actually, if anything, it’s speeding up. In the first three months of 2021, online sales tallied $876 billion, according to the Adobe Digital Economy Index, and could hit $4.2 trillion for the year. That organic growth will continue to benefit FedEx Ground contractors.
BUSINESS MODEL: FedEx Ground businesses are owned by Independent Service Providers (ISPs) who contractually agree to exclusively service a specific territory of FedEx Ground packages. The routes in this listing service zip codes 32810 in the Orlando area and are 100% overlapped with Ground and Home Delivery packages. ISPs hire their own W-2 drivers and supervisor(s), provide the vehicles, insurance, fuel, and support to operate their business. Recurring and predictable weekly revenues and consistent organic growth due to e-commerce demand and Smart Post integration are just two of the major benefits of contracting with FedEx. No sales, marketing, call center, facilities, or IT expenses are required - FedEx provides that support to their customers and the contractors (ISPs) who service their customers. Many owners are able to manage their business semi-absentee.
The list price includes approx 700 average daily stops. Very detailed financial data will be provided with the offering package.
FINANCING: Due to the carve-out nature of this offer, it is not expected that SBA financing will be available.
NEXT STEPS: All buyers will need to provide proof-of-funds (i.e., PFS, statements, bank letter) to verify financial qualification, along with an executed NDA. Qualified buyers should have a good knowledge of the FedEx ISP model.
- Asking Price:
- $750,000 Furniture / Fixtures included
- Sales Revenue:
- $749,509
- Cash Flow:
- $227,738
Property Information
- Location:
-
Orange County, Florida / Zip Code 32810
- Premises Details:
-
Building Type: Warehouse
Terms & Options: FedEx provides at 0 cost
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
7 day operations 8-5
- Employees:
- 6FT
- Years established:
- 23
Other Information
- Support & training:
-
Seller will train Buyer for two weeks at no cost to Buyer.
- Furniture / Fixtures value:
- $130,000 - included in the asking price