FedEx Ground Routes For Sale – Burlington, New Jersey

FedEx Ground Route for sale $119,900! Currently grossing an estimated $109,627 and nets $96,533 as a driver/owner of the business. Territory is purchased through independent distributor and contracted through FedEx. Route consist of 1 Route/PSA, but can be split into 2 routes. Territory for this route includes the Burlington, New Jersey area.

Frequently Asked Questions:

What is the current yearly gross for this route?

Currently this route grosses $109,627 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, workers compensation, vehicle repairs, scanners, and insurance. The current owner estimates $13,094 per year in expenses/overhead.

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?

There is a vehicle included with this business: 2005 Freightliner (300k miles with rebuilt engine). 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 $109,627 per year, minus $13,094 estimated yearly expenses as mentioned above gives you the net of $96,533 per year!

How does the selling price of the route get determined?

FedEx routes determine the selling price of their route by using a multiple of 3 of the cash flow, plus assets. This route is underpriced!

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.

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.

Where is the Terminal/pickup location?

Located in Barrington, New Jersey.

How long has the business been established?

The current owner has owned the business for less than 1 year.

How many stops does the route driver do a day?

Routes average 80-100 stops per day and owner work an average of 8-9 hours.

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

Owner works 5 days a week Monday through Friday with Saturday and Sunday off. On average from 7am – 5pm.

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. Attractive area with plenty of growth opportunity! Business is turnkey and includes 2 vehicles with purchase. Priced to sell at $119,900! 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!

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.