Seller's Contact Information
- RE: FEDEX Routes With New Electric Contract
- Contact: Raj Sathyaselan
- License #: 02071580
Quick Facts
Asking Price: | $1,050,000 | |
Annual Revenue: | $1,203,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 8 | |
BBN Listing #: | 179556614 | |
Broker Reference #: | SV00187 |
Business Overview:
This FEDEX delivery business comes with 7 routes and 9 Trucks along with a new electric contract that offers moving incentives and increased rates that can potentially add significant savings in fuel with new investment on new electrical vehicles.
The business primarily has residential routes that makes it easier to manage delivery, hiring and training. Typically, the packages are delivered from a FEDEX terminal to residents and businesses within these zip codes. All trucks are parked in a terminal with free rent so this business can be easily run from home office. The major expenses associated with this business are driver payroll, fuel, workers compensation, repairs, and maintenance.
Digital eCommerce growth accelerates the growth of the FEDEX P&D routes as the retailers and eCommerce businesses want to deliver more products to customers faster. FEDEX Routes have recently stabilized in volume since the pandemic high growth. It’s expected to grow organically in the next few years as the market stabilizes from the pandemic disruptions.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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