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Fedex Routes Polk County Florida For Sale

Polk County, Florida, US
Asking Price:
$899,421 Furniture / Fixtures included
Sales Revenue:
$994,381
Cash Flow:
$299,807

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. This route in this listing services the Haines City and Lake Alfred zip codes 33844 and 33850 and are 100% overlapped with Ground and Home Delivery packages. ISPs hire their own W2 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, as is the case with this owner.
The list price includes approx 765 average daily stops. Very detailed financial data will be provided with the offering package.
Seller plans to continue operating in this terminal with a smaller business and will be available for support beyond the traditional transition period.
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.

Property Information

Location:

Polk County / Haines City / Lake Alfred

Premises Details:

Facilities: FedEx Warehouse.
Terms & Options: No cost thanks to FedEx

Business Operation

Reasons for selling:

Reduce business size

Trading hours:

Routes run 7 days/week, typically 8am to 5pm

Employees:
10
Years established:
9

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Furniture / Fixtures value:
$180,000 - included in the asking price

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