FedEx Ground Routes For Sale – Nashville, Tennessee

FedEx Ground Routes for sale $399,000! Currently routes grossing $597,868 and nets $130,673 as an owner/occasional driver. Includes 6 full time ISP routes and 1 supplemental route. Also included are 8 vehicles that are paid in full, and a manager in place. The lead driver also manages the business. Territory for this route includes the Nashville, Tennessee region and is purchased through independent distributor and contracted through FedEx. This 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:

Price:

$ $399,000

Per Month

Cash Flow:

$ $130,673

Per Month

Financing:

$ No

Per Month

Listing:

$ Inactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $597,868 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, payroll, workers compensation, repairs, vehicle maintenance, scanners, uniforms, and insurance. The current owner estimates $467,195 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 with 8 vehicles that are paid for in full. Vehicles include: 2008 Freightliner Walk In P1200, 2007 Freightliner Walk In P1200, 2005 Dodge Cutaway P700, 2005 Chevrolet Cargo P350, 2005 Dodge Sprinter 450, 2004 Dodge Cargo P300, and two 2001 International Walk In P1200. Estimated value is $148,000! When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.

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 $597,868 per year, minus $467,195 estimated yearly expenses as mentioned above gives you the net $130,673 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?

Seller is pursuing other investments.

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 11 years.

How many stops does the route driver do a day?

All routes combined average 2100 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?

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 6 full time ground routes and 1 supplemental. Also included are 8 vehicles that are paid in full, and a manager in place. Priced to sell at $399,000! 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 Routes For Sale – New Haven, Connecticut

FedEx Ground Routes for sale $269,000! Currently grossing $385,198 and nets $76,921 per year as a manager/owner of the business. Includes 4 Ground Routes, 4 vehicles, and 4 employees in place willing to transfer with the business if given the opportunity. Territory for this route includes the New Haven, Fairfield, Connecticut area and is purchased through independent distributor and contracted through FedEx. Terminal is located in Wallingford, Connecticut.

Frequently Asked Questions:

Price:

$ $269,000

Per Month

Cash Flow:

$ $96,873

Per Month

Financing:

$ No

Per Month

Listing:

$ Inactive

Per Month

FedEx Routes

What is the current yearly gross for this route?

Currently this route grosses $385,198 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, repairs, payroll, insurance for your vehicles, and liability insurance for your business. The current owner estimates $308,277 per year in expenses/overhead for the business.

What type of vehicle do I need?

The current owner operates this business with 4 vehicles that are included with the sale of the business. All vehicles will be paid for free and clear. Vehicles include: (2) 2005 Freightliners, 2002 International, and a 2001 International. Estimated $85,000 value!

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 $385,198 per year, minus $308,277 estimated yearly expenses as mentioned above gives you the net of $76,921 per year as an owner 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 multiple of their yearly cash flow/net income, plus assets.

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?

Owners are selling for health realted matters.

Where is the Terminal/pickup location?

Located in Wallingford, CT

How long has the business been established?

The current seller has owned the business for 3 years.

How many stops does the route driver do a day?

All routes combined average 400 stops per day and drivers work an average of 8-9 hours.

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

Distributors work 5 days a week Monday through Friday with Saturday and Sunday’s off. Hours of operation are between 8am – 5pm. Owner simply manages the business.

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 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 has enjoyed a successful working relationship with independent contractors for nearly 25 years. These FedEx Ground Routes are a turnkey business with 4 routes, 4 employees, and 4 vehicles in place willing to transfer with the business if given the opportunity. Great opportunity priced at $269,000! 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
Tennessee
Nashville United States