FedEx Ground & Home Delivery Routes For Sale – West Virginia

6 FedEx Ground & Home Delivery Routes for sale $449,000! Territory is purchased through independent distributor and contracted through FedEx. Currently grossing $468,000 per year. This route operates with 5 vehicles and 4 employees. The current employees are willing to transfer with the sale if given the opportunity. Territory for this route includes multiple zip codes and cities in the Southern West Virginia area.

Frequently Asked Questions:

Price:

$ $449,000

Per Month

Cash Flow:

$ $150,000

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 $468,000 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: route payment (if you finance), gas, repairs, employee payroll, and insurance (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates 318,000 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?

The current owner runs this route business with five vehicles. All are paid for (except 1), and will be included with the sale of the route. An estimated $70,000 in vehicle assets. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $468,000 per year, minus $318,000 estimated yearly expenses as mentioned above gives you the net of $150,000 per year!

How does the selling price of the route get determined?

All FedEx routes determine the selling price of their route by using the yearly gross income, plus assets. In this case the assets/vehicles are included with the business, which makes this an incredible deal!

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 wants to retire.

Where is the terminal location?

Located in Beaver, West Virginia.

How long has the business been established?

The current seller has been with FedEx for 13 years and has acquired numerous routes through out that time. On average the routes have been owned by the seller for 5+ years.

How many stops does the route driver do a day?

There are five routes that operate during normal business hours and 1 overnight run. The employees work an average of 8-9 hours a day. The additional route is a supplemental route and requires an overnight run.

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

Distributors work 5 days a week Monday through Friday with weekends and major holidays off. On average from 7am – 5:30pm.

What about vacation time or personal days?

Company offers one week per year. 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?

As the owner of this highly recognized distributorship, you simply run the business and manage the 4 employees… The route includes an estimated $70,000 in vehicle assets. In addition this business can be operated remotely if you do not live in the area. FedEx offers an “absentee owner” contract for investors. FedEx Ground includes commercial accounts, home delivery, and are in demand! Limited territory is available. Hurry this route has a HUGE territory, and is a steal at $449,000 (trucks included)!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 & Home Delivery
West Virginia
Southern West Virginia West Virginia United States