Seller's Contact Information
- RE: FedEx Routes Lake County Florida
- Contact: 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 |
Business Overview:
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, Smart Post integration and recently the infusion of Express packages. 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 approx 1600 average daily stops. Very detailed financial data will be provided with the offering package.
FINANCING: This offer is for a 'carve-out' or portion of the sellers entire FedEx routes business, and as such, SBA financing is not available. Minority seller notes may be considered based on the terms of the buyers purchase offer and the strength and collateral of the buyer. Ask for more details.
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, as FedEx requires buyers to be or become approved based on experience, commitment to safety and service, and capital support.
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: FedEx 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
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