Seller's Contact Information
- RE: FEDEX Routes With NEW Trucks, SBA Qualified
- Contact: Raj Sathyaseelan
- License #: 02071580
Quick Facts
| Asking Price: | $1,800,000 | |
| Annual Revenue: | $1,986,212 | |
| Net Profit: | $390,391 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 16 | |
| BBN Listing #: | 64356614 | |
| Broker Reference #: | SV00186 |
Business Overview:
This SBA qualified FEDEX delivery business comes with 15 routes and 16 Trucks. Most of the 16 trucks are relatively newer model years ranging from 2014 to 2018. (Valued at $480,000).
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.
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.
Currently, 85% of the drivers have been with the business for over 5 years so they are well-trained staff along a new full-time manager makes it easier for the new owner to make this transition a smoother experience. The owner currently is working part-time and also own and manage several other businesses along with these routes.This route has been approved by the bank for SBA loan so qualified buyers can attain financing.
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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