FedEx Home Delivery Routes For Sale – Fayetteville, Hoke County, North Carolina

FedEx Home Delivery Routes for sale $730,000! Currently grossing an estimated $680,000 and nets $182,675 per year as an owner/investor of the business. Turnkey with a full time manager in place! Includes 6 full time routes plus 1 supplemental, 8 vehicles, and 8 employees in place willing to transfer with the business if given the opportunity. Territory for this route includes the Fayetteville, Hoke County, North Carolina area. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. If seeking financing, buyer must be able to borrow against personal assets.

Frequently Asked Questions:

Price:

$ $730,000

Per Month

Cash Flow:

$ $182,675

Per Month

Financing:

$ No

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently these routes gross an estimated $680,000 per year. Income documentation will be provided to all serious buyers. Owner owns a large group of routes and is downsizing (selling a portion).

How do I get paid?

As an independent distributor you are paid per stop, per package, and through bonuses.

Can I finance the route?

If seeking financing buyer must be able to borrow against personal assets. Seller will not entertain SBA loans. There is no seller financing for this route. However if you need money, you can review additional Financing Options Here Please be advised that owner will not entertain seller financing or an SBA loan.

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, vehicle repairs, payroll, workers compensation, uniforms, scanners, vehicle rentals, insurance for your vehicles, and liability insurance for your business. The current owner estimates $497,325 per year in expenses/overhead for the business.

What type of vehicle do I need?

The current owner operates this business with 8 vehicles that are included with the sale of the business. Vehicles include: 1996 Freightliner, 2000 Freightliner , and (5) 2014 Nissan NV HIGH 2500’s. Estimated value is $180,000

Does the company provide a fuel incentive?

Yes, FedEx provides a fuel supplement based on current prices.

What is the Gross vs the Net income?

The gross income for the route is $680,000 per year, minus $497,325 estimated yearly expenses as mentioned above gives you the net of $182,675 per year as the manager of the business!

How does the selling price of the route get determined?

FedEx owners determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income. Routes that are turnkey with a full time manager in place sell for up to a 4 multiple.

How does the selling price of the route get determined?

All FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, plus assets.

What are the company requirements?

FedEx requires a third party background check, you must have no felonies and a decent driving record. Additionally 1 year of driving experience of a similar delivery vehicle you intend to drive within the last 3 years, or 5 years within the last 10 years if operating as an owner/driver of the business. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Owners do not need to meet this requirement if they don’t intend to drive.

Do I have to sign a contract?

Yes, as an independent distributor you sign a service agreement to represent FedEx. The contract is to protect both the company and its distributors.

FedEx Routes

Is this a viable business model for growth?

Yes! Route values can be increased by new account openings, and additional growth in the area. FedEx uses sales reps to expand and develop the routes. In fact CNBC recently did a documentary called “Inside The Package Wars” showing the growth over the years of FedEx and it’s competitor UPS. View The Video Here.

Why is the distributor selling?

Owner owns a large group of routes and is downsizing (selling a portion).

Where is the Terminal/pickup location?

The FedEx terminal is located within the Hoke County area. Seller will disclose location once an NDA has been executed.

How long has the business been established?

The current sellers have owned the business for 8 years.

How many stops does the route driver do a day?

All routes combined average 400-450 stops per day. Drivers work an average of 10 hours per day.

How many days a week, and what hours do distributors work?

Drivers work 5 days a week Tuesday-Saturday with Sunday and Monday’s off. Hours of operation are on average between 9am – 7pm.

What about vacation time or personal days?

As an independent operator/business owner you are responsible for the route being serviced. In addition there are independent drivers who have FedEx experience that can cover for driver time needed off.

What is required in order to qualify for purchase?

Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and in most cases require the buyer to form some type of entity such as an LLC or Corporation. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.

What else should I know?

FedEx Home Delivery has enjoyed a successful working relationship with independent contractors for nearly 25 years. These Ground Routes are a turnkey business includes 6 full time routes plus 1 supplemental, 8 vehicles, and 8 employees in place willing to transfer with the business if given the opportunity. Large and rare opportunity showing a consistent uptrend in growth… Turnkey with a full time manager in place! Priced at $730,000! Contact Us About This Route Here!

How can I learn more about these type of routes?

In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Learn More About FedEx Routes Here! For additional consulting services with one of our FedEx route specialists Contact Us Here!

Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.

FedEx Home Delivery
North Carolina
Fayetteville North Carolina United States
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