Details - Information last confirmed on April 30, 2021
This FEDEX delivery business comes with 9 routes and 10 trucks. The owner is currently buying three new trucks for about $52K each and these new trucks are included in the asking price. The other trucks are owned free and clear but they are older models. The routes are 100% overlapped for the zip codes for FEDEX ground and Home Delivery.
Digital eCommerce growth accelerates the growth of this business as the retailers want to deliver more products to customers faster. Revenue is consistent about $1.2M for the past three years. These routes are exclusive to the business so there is no competition within FEDEX. However, the business success depends on the financial performance of FEDEX. Estimated market value of the trucks is about $250K.
Well-trained staff with two full-time managers make it easier for the new owner to make this transition a smoother experience.
The business has 9 routes that's all within a 10-mile radius so it's really easy to manage. The delivery is from warehouse to residents homes and businesses within these zip codes. All trucks are parked in a terminal with free rent so the major expenses are only driver salary, fuel, workers compensation, repairs and maintenance.
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