FedEx Routes With Newer Trucks
Not Disclosed, CA Contra Costa County
Growing neighbourhood
Seller's Contact Information
- RE: FedEx Routes With Newer Trucks
- Contact: Raj Sathyaseelan
- License #: CA DRE# 02071580
Quick Facts
| Asking Price: | $1,100,000 | |
| Annual Revenue: | $1,300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $350,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 11 | |
| BBN Listing #: | 503956614 | |
| Broker Reference #: | SV00085 |
Business Overview:
This fast-growing FEDEX delivery business comes with 9 routes and 10 Trucks. All trucks are owned free and clear. Eight of the trucks are 2013 or newer model so the current owner has done the capital investment required for the business to run for the next few years.
Digital eCommerce growth accelerates the growth of this business as the retailers want to deliver more products to customers faster. These routes are exclusive to the business so there is no competition within FEDEX. However, the business success depends on the financial strength of FEDEX Corp. Estimated market value of the trucks is about $316,000. Well-trained staff with two full-time managers make it easier for the new owner to make this transition a smoother experience.
The business routes are all within a 20-mile radius so it's really easy to manage. The delivery is from warehouse to residents’ homes and businesses within these zip codes. All trucks are parked in a terminal with free rent, so the major expenses are only driver salary, fuel, workers compensation, repairs and maintenance.
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Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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