Where can I find a FedEx route for sale?
While FedEx lists routes for sale at its website, BuildaGroundBiz.com, at the time of writing this article only a dozen or so routes were listed. Another common method for finding a FedEx route for prospective owners that don’t have existing industry experience or contacts is through business brokerage sites.
How much does it cost to buy a FedEx ground route?
An average priced FedEx Ground route for sale will require a down payment of around $150,000-$200,000, plus working capital. Higher cost routes, like our premier linehaul listings, may require down payments in excess of $1,000,000.
Can you buy a FedEx route from FedEx?
You can buy a FedEx route on a FedEx route marketplace, or from an independent owner; once you do, you’ll gain access to a fleet of trucks, employees, and equipment necessary to deliver packages all over the country. FedEx routes function as a business and can be a great way to make money.
Does FedEx sell their routes?
At any given time, there are approximately $250 Million worth of FedEx routes for sale across the nation. This amount represents about 5% of the total value of all the FedEx routes combined. This is the average amount of routes for sale we see consistently in this industry.
Does Amazon sell their routes?
Amazon Logistics DSP + Linehaul Similar to FedEx Ground routes for sale, Amazon Logistics has two distinct camps: linehaul and Delivery Service Partners (DSP). The DSP routes most closely resemble FedEx Ground P&D routes. As of this writing, contractors that own DSP routes are not allowed to sell their routes.
How much do FedEx Ground route owners make?
A route owner can make an annual profit of $30,000 to $50,000 on a single route, he said. Each business has a unique contract with FedEx that outlines the terms of how they’ll be paid. FedEx usually pays route owners based on how many stops the truck makes and how many packages the driver picks up and delivers.
How profitable is owning a FedEx route?
As you look to buy a FedEx Ground route, look for P&D businesses with profit margins between 10%-25% of revenue. For example, if you purchase a FedEx Ground route with approximately $800,000 in revenue per year, you can expect to pull in approximately $120,000 in profit (or 15%).
Are delivery routes profitable?
Delivery routes (known simply as “routes”) are profitable investments, with many advantages. In most instances, you are not only buying the route, with an established book of business, but you also purchase the equipment needed to do the work. This means you have income generating from day one.
How do I get a FedEx route contract?
You can get a FedEx Ground route contract if you are an independent business that is established as a for-profit corporation and are registered and in good standing in the state in which you plan to conduct business. The first step toward achieving the contract is to submit the Request for Information to FedEx.
Why is everyone selling FedEx routes?
Overwhelming Rapid Growth Now, they’re managing million-dollar companies and buying more trucks and hiring more people to keep up with all the growth. That’s more than some owners want to take on. So, they decide to sell their routes to someone more eager to accept those business challenges.
What is it like owning a FedEx route?
They provide reliable revenue One of the most significant advantages of owning a FedEx route is that the business will have a reliable income. Keep in mind that, while the income is reliable, it also has seasonality to it. FedEx delivers a large percentage of its total packages during its busy periods.
Who is the owner of a FedEx route?
As the owner of a FedEx delivery route, you are an independent business person, responsible for vehicles, employees and all of the usual business owner responsibilities, without the expensive costs of rent and utilities.
How many FedEx routes are there in North Carolina?
8 FedEx P&D Routes – North Carolina Rural operation in high-growth CSA with assumable truck debt option! Route Composition: 8 P&D RoutesTotal Revenue: $1,023,624Net Operating Income: $204,036Listing Price: $799,000https://www.routeconsultant.com/listing-posts/buy-fedex-route/pdnc08423A PROFITABLE OPERATION IN A… Read more
Which is the best franchise for FedEx routes?
AAMCO has consistently been voted the #1 franchise in its… FedEx Linehaul – Excellent 7-Team Run Operation Turnkey Operation – Ready to make money day 1!!! Financing available
What kind of business model does FedEx have?
The FedEx business model is quite simple and uses independent contractors to make the deliveries and pickups between customers and the local FedEx distribution centers or line haul contractors to transport packages on the longer routes between FedEx Ground hubs.