Seller's Contact Information
- RE: FedEx Ground Routes - Roanoke, Virginia
- Contact: Mike Keen
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $978,975 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $174,531 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 13 | |
BBN Listing #: | 641564569 | |
Broker Reference #: | ROANOVA001-50410 |
Business Overview:
Well established FedEx Ground Routes for sale in the Roanoke, Virginia region serving local residential and business customers. With the continuing growth in E-commerce, these routes have seen very solid double-digit growth over the past several years. The routes are currently grossing $978,000 and net over $174,000. All routes serve the immediate Roanoke County/Roanoke City area and are minutes away from the terminal making business operations much easier. All routes are contiguous (next to each other), making load sharing among routes efficient. The asking price includes 13 vehicles, that will transfer (free and clear) with the business. There are 13 Driver?s and a Management/Leadership team are in place and currently runs the day-today operations. Current owner is willing to provide 30 days training to insure a smooth transition to the new owner.Backup managers are also in place for smooth operations and shared accountability. Clean books and financials, including maintenance records for vehicles are available. This business is ready to generate cash flow on day one. FedEx grows organically as package volume has shown consistent growth each year. FedEx has historically provided yearly contract rate increases. General business ownership experience is preferred. Transportation and shipping experience is NOT a requirement. Vans are garaged at the FedEx terminal overnight and get loaded in the morning prior to dispatch.For more information on this listing, contact: Mike Keen at (540)777-1585 or mkeen@sunbeltnetwork.com We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at mkeen@sunbeltnetwork.com or call us at (540) 777-1585 to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.
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Reason for Selling:
Other business opportunity.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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