FedEx Routes Lake County, FL

Not Disclosed, FL
Lake County

Asking Price: Annual Revenue:
$780,000 $1,244,962

Services: Transportation - Trucking, Rail, Transit

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RE: FedEx Routes Lake County, FL Broker: Steve Fenton

Quick Facts

Asking Price: $780,000
Annual Revenue: $1,244,962
Net Profit: Not Disclosed
Cash Flow: $254,119
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 7
BBN Listing #: 244011185
Broker Reference #: 170-02915

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Business Overview:

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. ISPs hire their own W2 drivers, 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, as does this owner.

OFFERING: The routes servicing zip codes 34736 and 34753 are 100% overlapped with Ground and Home Delivery packages and include approx 1243 average daily stops. They dispatch from the Davenport terminal where the trucks are stored and loaded by FedEx. The contractor selling these routes will continue to service the adjacent areas and is available to assist the buyer with transition, trucks, drivers as needed.

VEHICLES: Includes 5 vehicles used daily. Buyer will need to either purchase additional vehicles or continue renting trucks as the current owner does.

NEXT STEPS: Qualified buyers should have a good knowledge of the FedEx ISP model. Due to the carve-out nature of this offer, SBA financing is not available. Very detailed financial data is included in the Pro Forma (upon receipt of an executed NDA); all to be substantiated during Due Diligence.

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Property Features and Assets:

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

Reason for Selling:

Reduce route size (carve-out).

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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