Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Fedex Routes Paid With Off Trucks Net Profit $262k For Sale

Williamsport, Pennsylvania, US
Asking Price:
$799,999 Furniture / Fixtures included
Sales Revenue:
$1,033,776
Cash Flow:
$261,810

15yrs in operation.All 13 vehicles will come free & clear. Asset value of $293K!

The Company is a Pennsylvania corporation founded 15 years ago. Since its inception it has achieved rapid sales growth! The Company is a FedEx Ground P&D (pick up & delivery) contractor of FedEx, a Fortune 100 global shipping company.

The Company’s “Independent Contracting Agreement” with FedEx gives it exclusive rights to service on average of 10 routes on a daily basis. The business is ISP compliant and is 100% overlapped. All of the routes are highly contiguous making it a very efficient operation.

FedEx contractors deliver packages from the terminal to businesses & residential recipients. The typical hours of operation for the drivers are M-S from 8am to 5pm.

With the continued growth of e-commerce in the US, the Company is expected to continue to growth rapidly over the next 5 years!

The Company’s trucking business operated out of one local FedEx terminal owned by FedEx, therefore the Company does not have to pay rent. The operation comes with a seasoned Operations Manager that has solid experience managing the business. The Company’s Operations Manager and drivers will remain with the business.

Operating the Company involves keeping in contact with FedEx, sorting & loading packages, dispatching routes, reporting, hiring and dealing with staffing issues, truck maintenance, and payroll (accounting).

Why invest in this FedEx Ground Company?

Easy…
1. Consistent sales growth since founding
2. Part of a rapidly growing industry
3. Powerful global partner in FedEx
4. Predicable revenue
5. Range of growth strategies
6. Ease of management as the business comes with 1 non-driving operation manager that oversee the day to day operations & manage the drivers.
7. Well managed business and clean books
8. Impeccable reputation with FedEx
9. Highly efficient operation with having all routes highly contiguous and 100% overlapped.
10. No debt will be transferred, and all 13 vehicles will come free and clear.
10. A total asset value of $293K will be coming with the sale
12. Make money day 1 and get paid every single week. No cash flow or AR issues!

Property Information

Premises Details:

The 10 FedEx Delivery routes are operated out of a local terminal owned by FedEx, therefore, the Seller and other contractors do not pay rent. No debt will be transferred as all 13 of the vehicles will be delivered free and clear at the time of closing.

Business Operation

Expansion Potential:

FedEx route owners have experienced growth each year since this model has been in place for over two decades! The trend is continuing to go the way of e-commerce (online shopping) which is why the logistics industry has exploded. FedEx is no exception to this growth. In fact, FedEx growth is projected to be more significant in the coming years due to FedEx strategic partnerships with big name retailers and online retailers. This is a recession and competition proof business!

Reasons for selling:

Other interests

Years established:
2005

Other Information

Support & training:

The Seller is willing to provide reasonable training period needed until the Buyer is comfortable taking full control.

Financing available:

SBA Financing Approved

Furniture / Fixtures value:
$293,000 - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Guidant Financial. They will contact you about using your IRA/401K to help finance your business purchase.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Pivotal Group. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here