FedEx Ground & Home Delivery Routes For Sale – Bowling Green, Kentucky

FedEx Ground & Home Delivery Routes for sale $449,000! Currently routes grossing $1,129,147 and nets $158,450. Includes 12 routes. Also included are 13 vehicles and 15 employees willing to transfer if given the opportunity. Full time manager is in place. This route has 100% Territory Overlap of Ground & Home Delivery for the delivery area, therefore, the operation is already fully compliant with the 2021 FedEx Requirements. Territories in this region are growing over 15% per year. Territory for this route includes the Bowling Green, Kentucky region and is purchased through independent distributor and contracted through FedEx. All vehicles are paid in full. Turnkey with huge growth potential. Motivated seller.

Frequently Asked Questions:

Price:

$ $449,000

Per Month

Cash Flow:

$ $158,450

Per Month

Financing:

$ No

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $1,129,147 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

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

Can I finance the route?

Need money? You can review additionalFinancing Options Here There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons.

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, payroll, workers compensation, repairs, vehicle maintenance, scanners, uniforms, and insurance. The current owner estimates $970,697 per year in expenses/overhead for the business.

What type of insurance do I need?

Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.

What type of vehicle do I need?

The current owner operates this business using the following vehicles: 2006 Ford Cargo Van, 2014 Mercedez-Benz Sprinter UDV, 2012 Nissan NV 2500 High Roof, 1997 Freightliner P700, 2005 Freightliner Walk-In P1200, 2000 International P1000, 1998 Freightliner P700 (2 of these), 2008 Dodge P450, 2007 Freightliner P700, 2001 International P1000, 1997 International P1000 and 1997 Inernational P1000. Total estimated value of $224,500. This operation has also been running rental trucks which are available to transfer to the new owner upon request. There are also an additional four vehicles which are available to purchase. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

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 $1,129,147 per year, minus $970,697 estimated yearly expenses as mentioned above gives you the net $158,450 as an owner 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.

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?

Health crisis forces this sale.

Where is the Terminal/pickup location?

Seller will disclose location once an NDA has been executed.

How long has the business been established?

The current seller has owned the business for less than 1 year. The routes have been established for years prior.

How many stops does the route driver do a day?

All routes combined average 3,297 stops per week.

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

Ground Route Drivers work 5 days a week Monday – Friday with Saturday and Sunday off . Hours of operation are between 8am – 5pm. Home Delivery drivers work 5 days a week Tuesday through Saturday with Sunday, Monday off. Hours of operation are between 6am – 5pm. Full time manager in place!

What about vacation time or personal days?

As an independent distributor/business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire distributors with previous route experience at RouteReliefDrivers.com.  Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.

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 form an entity (must be an INC.). 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 Ground has enjoyed a successful working relationship with independent contractors for nearly 25 years. Established and turnkey business, start receiving income the week you take over! Includes 12 routes. Also included are 13 vehicles that are paid in full, and 15 employees willing to transfer if given the opportunity. Full time manager in place. Priced to sell at $449,000!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 Request A Consultation 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 Ground and Home Delivery Routes For Sale Morgantown, West Virginia

FedEx Ground and HD Routes for sale $600,000! Currently routes are grossing $538,300 and nets $119,956 as just an investor of the business. Turnkey with a full time manager in place! Includes 4 Ground, 1 Home Delivery Route, and a supplemental. Also included are 6 vehicles, 7 employees in place willing to transfer with the business if given the opportunity. Current owner operates business absentee from another state. Territory for this route includes the Morgantown, West Virginia area and is purchased through independent distributor and contracted through FedEx. Huge growth in an expanding area!

Frequently Asked Questions:

Price:

$ $1,200,000

Per Month

Cash Flow:

$ $275,540

Per Month

Financing:

$ No

Per Month

Listing:

$ Sold

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $538,300 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

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

Can I finance the route?

Need money? You can review additional Financing Options Here There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons.

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, repairs, payroll, scanners, uniforms, vehicle maintenance, insurance for your vehicles, and liability insurance for your business. The current owner estimates $418,344 per year in expenses/overhead for the business.

What type of vehicle do I need?

The current owners operate this business with 6 vehicles that are included with the sale of the business. A 2004 Freightliner P-1200, 2006 Freightliner P-1000, 2008 Freightliner P-700, 2010 Workhorse P-1200, 2013 Ford P-1200, and a 2013 Ford P-1200. Estimated value is $182,000!

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 $538,300 per year, minus $418,344 estimated yearly expenses as mentioned above gives you the net $119,956 as an investor of the business.

How does the selling price of the route get determined?

All FedEx routes determine the selling price of their route by using a 3 year multiple of their yearly cash flow/net income, plus assets. In most cases this equates to right around 1 year of the gross revenue.

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. Access Accelerated Driver Training Program Here. 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 is selling to acquire capital for a larger business purchase.

Where is the Terminal/pickup location?

Located in Clarksburg, Virginia.

How long has the business been established?

The current seller has owned the business for less than 2 years. Routes have been established years prior.

How many stops does the route driver do a day?

All routes combined average 450 stops per day and work an average of 8-9 hours.

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

Drivers work 5 days a week Monday through Friday with Saturday and Sunday’s off for ground Routes. Driver of The Home Delivery Route takes Sunday’s and Monday’s off. Hours of operation are between 7:30am – 4:00pm.

What about vacation time or personal days for drivers?

Currently there is a full time manager in place to cover for 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 Ground and Home Delivery have enjoyed a successful working relationship with independent contractors for nearly 25 years. These FedEx Routes are an attractive deal for investors who want to operate absentee ownership! Established and turnkey business! You collect money the week you take over. Seller will train! Priced at $600,000! 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 with a current FedEx contractor Contact A Specialist 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 Ground & Home Delivery
Kentucky
Bowling Green Kentucky United States