FedEx Ground Routes For Sale – Kenosha, Twin Lakes, Delevan, Wisconsina

FedEx Ground Routes for sale in the Kenosha, Twin Lakes, Delevan, Wisconsin region for $599,000! Currently routes grossing $1,022,712 and nets $172,819 as an absentee owner. Includes 10-11 full time ISP routes. Also included are 11 vehicles, 8 of these vehicles are paid in full and 3 are leased, and 12 employees willing to transfer if given the opportunity. Full time manager in place. Packages are picked up in the Chicago, Illinois area and delivered to the route territory. Routes are purchased through independent distributor and contracted through FedEx. This is a well established portfolio with plenty of opportunity for further growth. 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:

What is the current yearly gross for this route?

Currently this route grosses $1,022,712 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, payroll, workers compensation, repairs, vehicle maintenance, scanners, uniforms, and insurance. The current owner estimates $849,893 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

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 with 9 vehicles that are paid for in full and 3 leased vehicles. Vehicles include: 2003 Mack, 2004 International, 2007 Freightliner P1000, 2008 Freightliner P1000, 2005 Sterling, 2007 International, 2014 Ford P1000, 2016 Chevrolet P900. Estimated value of these truck is $175,000! Leased trucks include 2015 Hino, 2016 Hino and 2017 GMC Van. 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 $1,022,712 per year, minus $849,893 estimated yearly expenses as mentioned above gives you the net $172,819 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.

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?

Seller is retiring.

Where is the Terminal/pickup location?

Packages are picked up in the Chicago, Illinois area. 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 9 years.

How many stops does the route driver do a day?

All routes combined average 3,371 stops per week.

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. Hours of operation are between 8:00am – 5:30pm.

What about vacation time or personal days?

Mission Foods

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 10-11 full time ground routes. Also included are 8 vehicles that are paid in full, 3 leased vehicles and 12 employees willing to transfer if given the opportunity. Full time manager in place. Priced to sell at $599,000 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!  

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.