Business Overview:
This is a FedEx Contracted Service Area in Frederick County, Maryland. Routes are ISP compliant and overlapped. 39 fully equipped trucks in the fleet with over half late models trucks. All will transfer free and clear. Managers and experience staff in place. This operation handles 24% of the terminal volume and is considered over scale. FedEx will only approve the sale if split/sold to three separate entities. First split has 3 zip codes and 32% of volume. The Second split has five 5 zip codes and (33%) of volume. The Third split has 4 zip codes and 35% of volume. Each delivery zone has growth with hundreds of homes in development. Stated cash flow is from 2021 tax return. New ISP contract as of 6/25/2022 through September 2023. Average weekly settlement is $65K+. Motivated Seller.
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Property Features and Assets:
Facilities: FedEx Terminal is a co-location where all trucks are domiciled
Market Competition and Expansion:
You can ship packages via a ship, via a plane, via a train but to get the packages to your home or business, it goes on a truck.
Growth Notes: 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 owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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