Seller's Contact Information
- RE: FedEx P&D Routes In NW Arkansas Servicing OK
- Contact: Roberta Caputo
Quick Facts
| Asking Price: | $1,650,000 | |
| Annual Revenue: | $1,850,069 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $687,180 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 459,145 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 33 | |
| BBN Listing #: | 1200344 | |
| Broker Reference #: | 3659 |
Business Overview:
FedEx route system ISP compliant and overlapped domiciled in the second largest city in Crawford County, Arkansas. Delivery zone is Southeast Oklahoma. On average, 17 trucks dispatch daily delivering 8,000 stops a week. 25 trucks included in the fleet, free and clear of debt. One full time manager, two coordinators and a full time mechanic on staff. Good books and records. In 2020, revenues grew 65% from 2019 and cash flow grew 45%. 2021 revenue has 20% growth over 2020. This operation is over scale and FedEx will approve a sale in two parts to 2 entities. Easy routes to split. Service area is Southeast Oklahoma north and south of the River.
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Property Features and Assets:
Business operates out of local FedEx terminal. Vehicles are garaged free of charge.
Market Competition and Expansion:
This is a contracted service area. You can get packages to the area via ship, via plane, or via rail but to get the packages to a home or business, it must go 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 homebased business opportunity.
- This is not a franchise resale opportunity
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