FedEx P&D Routes in Frederick County, Maryland

Not Disclosed, MD
Frederick County


Asking Price: Annual Revenue:
$2,500,000 $4,034,023

Services: Transportation - Trucking, Rail, Transit


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RE: FedEx P&D Routes in Frederick County, Maryland Broker: Roberta Caputo

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $4,034,023
Net Profit: Not Disclosed
Cash Flow: $793,744
Total Debt: Not Disclosed
FF&E: $1,836,110
Real Estate: Not Disclosed
Year Established: 1991
Employees: 41
BBN Listing #: 7965344
Broker Reference #: 3749

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Business Overview:

This is a FedEx Contracted Service Area in Frederick County, Maryland. Routes are ISP compliant and overlapped. There are 45 trucks in the fleet that will transfer free and clear. Managers and experience staff in place. The selling Contractor was a RPS single route contractor when FedEx bought them out. They built this organization from one truck in 1991 to what it is today. This operation handles 24% of the terminal volume and is considered over scale for this terminal. FedEx will only approve the sale if sold to three entities. First split has 5 zip codes and 30% of volume priced at $775,000. The Second split has 4 zip codes and 30% of volume priced at $725,000. The Third split has 5 zip codes and 40% of volume price at $1MM. Each split has significant growth with hundreds of homes in development. Stated cash flow is from 2020 tax return. The current ISP contract is from 4/24/2021 through September 2022. Average weekly settlement is $75,000+.

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Property Features and Assets:

FedEx Terminal is a co-location where all trucks are domiciled.

Market Competition and Expansion:

You can ship packages to the area via a ship, via a plane, via a train but to get the packages to your home or business, it goes on a truck. With the infusion of Smartpost from USPS, volume continues to increase. And this trend is expected to continue; more shopping online and through e-commerce.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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