FedEx Ground & Home Delivery Routes For Sale – Williston, Vermont

FedEx Ground & Home Delivery Routes (ISP Contract) for sale $398,000! Currently this route is grossing an estimated $548,999 per year and nets $116,066. Includes 2 Ground and 4 Home Delivery routes, 10 vehicles (paid in full) and 8 employees in place that are willing to transfer with the business if given the opportunity. Well established, turnkey route with full time manger in place. Territory for this route includes the Starksboro, Moretown, Berlin, Williston, Jericho, Hinesburg and Waterbury, Vermont region. Great location in an area with lots of homes and growth. Please be advised that owner will not entertain SBA loans, or third party lending. If seeking additional financing, buyer must be able to borrow against personal assets. Great investment backed by a NYSE company!

Frequently Asked Questions:

Price:

$ $398,000

Per Month

Cash Flow:

$ $116,066

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 $548,999 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?

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

What are my expenses and overhead?

Expenses include, but are not limited to: fuel, vehicle, repairs, payroll, insurance for your vehicles, and liability insurance for your business. The current owner estimates a total of $432,933 in expenses and overhead per year.

What type of vehicle do I need?

The business is operated with 10 vehicles: 2006 Chevy 14′ Box Van (282k miles), 2008 Chevy 16′ Box Van (290k miles), 2003 Chevy Express Cargo (305k miles), 2011 GMC Savannah Cargo (214k miles), 2004 Freightliner P-700 (78k miles), 2006 Freightliner P-500 (182k miles), 2006 GMC Savanna (172k miles), 2006 Chevy Van Ext. Cargo (194k miles), 2003 Chevy Express Cargo (207k miles) and 2007 GMC Savanna 16′ Box Truck (130k miles). These vehicles are all paid in full and are included in the purchase. Estimated value is $90,000.

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 $548,999 per year, minus $432,933 estimated yearly expenses as mentioned above gives you the net of $116,066 per year!

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 a 4 multiple or more.

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 is selling due to health reasons.

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 owner has owned the business for 11 years.

How many stops does the route driver do a day?

Routes combined average 400 stops per day, approximately 600 packages a day.

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

Drivers work 5 days a week Monday through Friday with Saturday and Sunday off for Ground Routes. Drivers of the Home Delivery Routes work Tuesday through Saturday with Sunday and Monday off. Hours of operation are between 7:30am – 4:00pm.

What about vacation time or personal days?

As an independent distributor/business owner you are responsible for the route being serviced. Additionally there are currently independent drivers who have FedEx experience that can cover for more 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. Includes 2 full time Ground and 4 Home Delivery routes, 8 employees willing to transfer with the business, and 10 vehicles paid in full! Great investment backed by a NYSE company! Priced to sell at $398,000! 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 Ground & Home Delivery
Vermont
Williston Vermont United States
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