FedEx Routes Lake County Florida

Not Disclosed, FL
Lake County

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Asking Price: Annual Revenue:
$1,100,000 $1,432,483

Services: Non-classifiable


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RE: FedEx Routes Lake County Florida Broker: Steve Fenton

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,432,483
Net Profit: Not Disclosed
Cash Flow: $317,296
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 880711185
Broker Reference #: 170-02913

Email or Print Listing

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Business Overview:

The e-commerce boom that arrived in correlation with Covid-19 hasn’t shown any interest in slowing down. Actually, if anything, it’s speeding up. In the first three months of 2021, online sales tallied $876 billion, according to the Adobe Digital Economy Index, and could hit $4.2 trillion for the year. That organic growth will continue to benefit FedEx Ground contractors.

BUSINESS MODEL: FedEx Ground businesses are owned by Independent Service Providers (ISPs) who contractually agree to exclusively service a specific territory of FedEx Ground packages. The routes in this listing service zip codes 34711, 34715, 34756 in Lake County and are 100% overlapped with Ground and Home Delivery packages. ISPs hire their own W2 drivers and supervisor(s), provide the vehicles, insurance, fuel, and support to operate their business. Recurring and predictable weekly revenues and consistent organic growth due to e-commerce demand and Smart Post integration are just two of the major benefits of contracting with FedEx. No sales, marketing, call center, facilities, or IT expenses are required - FedEx provides that support to their customers and the contractors (ISPs) who service their customers. Many owners are able to manage their business semi-absentee.

The list price includes approximately 1,600 average daily stops. Very detailed financial data will be provided with the offering package.

FINANCING: Due to the carve-out nature of this offer, it is not expected that SBA financing will be available.

NEXT STEPS: All buyers will need to provide proof-of-funds (i.e., PFS, statements, bank letter) to verify financial qualification, along with an executed NDA. Qualified buyers should have a good knowledge of the FedEx ISP model.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Facilities: Building Type: Warehouse. Terms & Options: FedEx provides at 0 cost.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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