"Very pleased with everything. Linehaul businesses with more solo runs will have margins closer to 20%-30% and those with mostly team runs may have margins upwards of 45%. I really appreciate how she redacted my personal information before sending it out to buyers and kept it confidential until the day of transfer. Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. ", "Thank you very much. Primarily deliver to residential households, Have high seasonal variability (a large part of annual revenue occurs in the 4 weeks leading up to Christmas, known as peak season), Delivers primarily to commercial businesses, Less seasonal variability than home delivery routes. FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. ", "There is no better way to purchase a route than using Routes For Sale. With your past experience, you knew the value of the different aspects of our company, and you were able to find us a perfect match (buyers). Contact us anytime at any of the phone numbers or addresses listed below. 6. Routes For Sale now offers discounts on insurance! I wanted to thank you for your service and I hope that we can work together on future deals. But Fedex ground has many options to make more money. Consist of 3 routes, 3 vehicles and several employees with driving requirements willing to transfer if given the opportunity. We apologize, but the feature you are trying to access is currently unavailable. For example, if only one driver operates the routes, the route distance is comparatively shorter. If you continue to see this message, your account may be locked due to too many failed attempts. She made it feel more manageable. The purchase price also includes vehicle assets of $250k all vehicles will be transferred free and clear. All routes are contiguous, making load sharing among routes efficient. FedEx operations may be able to assign linehaul drivers to complete spot runs before or after their longer runsthis increases efficiency in the overall business. This business is turnkey with a manager in place! Your fee is well worth it. PDT, Inc. is proud to be an Equal Opportunity Employer and Drug Free workplace. Find answers, helpful resources, and contact information for all your shipping needs. Your knowledge of the local market and key contacts in the community helped me in my search for the right business to purchase. Growing business backed by a publicly traded company on the NYSE! ", "I want to thank Miriam for ALL of her support and prompt attention throughout our route selling process. Our mission is to be the backbone network of commerce for our business partners at FedEx Ground. See packaging and labeling guidelines, learn how to ship via FedEx Ground, get shipping guides, find out about training opportunities, and more. FedEx Routes with managers in place use up to a 4 multiple of the cash flow. I told him it's a guaranteed sale. God bless you, and richly reward you with much continued success. Route Consultant is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground or Amazon. $2,650,000 . I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. Yes, as an independent distributor you sign a service agreement to represent FedEx. ", "I hired Miriam Liang to help sell the FedEx routes I owned for 13 years. Business has shown consistent growth and is over 5 million in revenue. The gross income for the routes is $1,237,000 per year, minus $930,474 estimated yearly expenses as mentioned above gives you the net of $306,526. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Would most definitely refer people to him. For example, Nashville to Dallas. Route Advisors is not sponsored by, is not approved by, is not associated with, and has no . Linehaul businesses with more solo runs will have margins closer to 20%-30% and those with mostly team runs may have margins upwards of 45%. for it. Owning and operating FedEx Ground P&D routes does not prevent you from adding linehaul runs later on. In contrast, the 2021 increase was just 6.44%, and the 2022 increase was 6.85%. 5. We offer a money-back guarantee for select services. Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Seller will not entertain SBA loans. Yes! The current owner estimates $579,733 per year in expenses/overhead to operate the business. Double Up, Inc. Hutchins, TX. Depending on what you're shipping, what service you use, and where you're shipping to, specific terms and conditions of service apply. Currently grossing $1,237,000 per year and nets $306,526 as an owner/manager of the business. I feel fortunate to have found your business to help me sell my route. For more information, visit Data Security Page, Other transportation fees and charges PDF. This is a PT WEEKEND POSITION with Premium Weekend Pay. Liang was extremely professional and protected the confidentiality of my business during the sale of three PSA of FedEx Ground route and Line hauls. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Their are certain factors of line haul that make it different from other FedEx routes. How to Purchase, Sell, and Reassign an Amazon Prime Delivery Route, An Overview of the Amazon Delivery Service Partner Program, 5 Reasons for Selling Your FedEx Ground Route. There are certain factors of line haul that make it different from other FedEx routes. Selling operational team is willing to stay on for 6 months to continue to run the business. ", "I wanted to write you an email and touch base with you. All agreements are made between the buyer and seller and not Routes For Sale. ", "I'm sending you a guy that wants you to sell his route. Historically, contractors could have either home delivery routes, ground routes, or both. Estimated value is $250k. Luck is when an opportunity comes along and you're prepared Here is a PDF with all FedEx standard list rates for 2023. Estimated total value is $350,000. With firsthand knowledge of what its like to be on both the buying and selling sides of the table, Route Advisors is ideally suited to understand and take care of the things that matter to you Just ask the hundreds of clients we have served so far! FedEx Custom Critical is growing our fleet! $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA . One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. I had been trying to sell this route for almost 2 years before listing with you. Thanks again! Route Name: FedEx Line Haul Net $300k ask $899k : Total Price: $ 899000 : Down Payment: $ 899000 : Weekly Net: $ 5769 : City: Orlando : State: Florida : Business Description: Well established and expandable 3 line haul routes from Orlando FL It Comes with 3 sleeper double bunk tractor trailers valued $230K 1 dedicated & 1 unassigned uses 3rd . Yes, FedEx provides a fuel supplement based on current prices. I give Route Advisors my highest recommendation. I will recommend. The whole process just went great. View The Video Here. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. ", "Thank you for your help selling my route. The risks of linehaul runs relate to the size of everything. 2023 Bizroutes INC. All rights reserved. You assured me you could handle the sale confidentially and you kept your word. There are 3 different types of deliveries. P&D operations deliver to local homes and businesses in a designated territory. FedEx uses sales reps to expand and develop the routes. Let us help you navigate the FedEx business model, approval process, and find a great opportunity! ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. Disclaimer: The information provided in this article is for general informational purposes only and should not be considered legal advice. Yes! Routes For Sale now offers discounts on insurance! I appreciate your support. $1,735 per week. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. With the same gross revenue, you can expect to make a profit of $600,000 to $675,000 per year if you own a FedEx Linehaul route with team runs. In October 2019, David Braxton and his brother Douglas acquired an existing FedEx Contractor Business, which included seven FedEx Line Haul routes and eight Semi-Tractors. We are aware of this issue and our team is working hard to resolve the matter. ", "Thank you. Understand FedEx eligibility requirements (we have a chart that lays it out) Step 3: Find available FedEx routes. FedEx requires a third party background check, you must have no felonies and a decent driving record. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. ", "Thanks for all your hard work and dedication getting my deal closed! Please try again. You had great advice throughout the buying process! (2) 2015 Freightliner Cascadia. He said he was thinking about it, and if he decided to sell, he would call me for your contact information. Turnkey with full time manager in place! If seeking financing buyer must be able to borrow against personal assets. And I will refer to everyone I know if they are looking to sell their route. Recent comparable sales with managers in place use a 3-4 multiple. The whole process has been nothing else but perfect. If seeking financing, buyer must be able to borrow against personal assets. There are two sides to the P&D coin: home delivery routes and ground routes. Learn how to ship via FedEx Express, download job aids and forms, and get the latest updates. Overview / Advantages. I am moved and touched by honest and understanding business person like yourself. Medical, Dental, & Vision Insurance License: CDL Class A (Doubles/Triple Endorsed) Job Type: Full-time. Includes 5 Dedicated and 1 Unassigned run. I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. Miriam was able to effectively evaluate our routes and present them as a package to investors. The gross income for the routes is $728,295 per year, minus $579,733 estimated yearly expenses as mentioned above gives you the net of $148,562. Linehaul contracts operate based on miles. Owners with multiple employees will need a multiple vehicle policy and workers compensation. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" Net over $2,700 a week after all expenses including a F/T manager and drivers..Gross annual sales over $550,000..These FedEx Home and Ground Routes for sale turn out of Sanford Florida and deliver to Ormond Beach and Daytona Beach Florida..The routes include five trucks that will have clear titles at closing and the routes meet all ISP requirements.Total Price $600k.The seller is selling a portion of there business therefore these routes DO Not qualify for SBA or bank financing..Serious inquires only and proof of funds are required.Please call for more information (800) 769-0927. It meant a lot to me. Also known as Over the Road Routes, These Runs are Currently Managed Out of Orlando, This Business can be run from Anywhere in the United States. If you need help forming this, we recommend that you Form A Corporation Here. successfully. Strenuous driver requirements, including a valid CDL license. But the flexibility if you want really low hours is there and they don't force you. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. I told them not to be surprised if you sell their route within the first week. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. Please check back in a few minutes. Route Consultant is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground or Amazon. Very professional! Full-time + 1. Additionally, linehaul runs are a great way to scale an existing business. This Business can be run from Anywhere in the United States. Business has seen double digit organic growth since inception. It can be transported domestically or internationally by land, air or sea. It is important to contact your local state office to determine which licenses are required for anyspecific businesses. We walk you through every step of the process, from valuation to negotiations to navigating FedEx approval and all the way to closing and then some. We recommend using one of the following browsers to access this site. In some cases, a specific starting destination is assigned but the delivery destination can vary. They travel to varied destinations on an as-needed basis. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. Approx: 4:30 PM Dispatch from FedEx Station in Moses Lake . She answered my . I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. Route values can be increased by new account openings, and additional growth in the area. Find a service that's right for your bottom lineand your timeline. I got a better price than I was expecting. I will keep an eye on the website and I already added myself to the future listings and we will discuss any route that becomes available in my area. Also known as "Over the Road" Routes. I appreciate your support. Thanks again. Route Advisors may not be the largest route broker, but we aim to be the best. ", "The sales agent was very knowledgeable on all questions asked by myself and the buyer. ", "Thanks for bringing me multiple offers, this is a crazy and exciting time for me and I do appreciate everything that you're doing. The purchase price also includes vehicle assets of $250k . They're consisting of delivering long-distance routes and are normally operated during the night. I truly appreciated her ongoing support in answering questions, explaining the next steps in the process, and clarifying procedures. FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, with no manager in place. Owners do not need to meet this requirement if they dont intend to drive. Purchase a FedEx Routes today with www.RouteAdvisors.Com. Spot runs will deliver a trailer full of goods to and/or from a business such as a Target. You brought me great qualified prospects. ", "Just want to tell you that your web page is spectacular. FedEx Custom Critical, one of North America's largest expedited carriers, provides 24/7 pickup and delivery services throughout the U.S. and Canada, specializing in same-day and next-day delivery. Fedex provides a fuel supplement based on current prices additionally, linehaul runs later.. Route than using routes for Sale to everyone I know if they are looking to sell their within! To everyone I know if they are looking to sell this route for almost years! Your help selling my route, you must have no felonies and decent! Known as & quot ; over the Road & quot ; routes: home delivery routes, or.! Party background check, you must have no felonies and a decent driving.! Lays it out to buyers and kept it confidential until the day of.... This business is turnkey with a manager in place use up to a 4 of... A valid CDL License pdt, Inc. is proud to be surprised if you sell their.. Or internationally by land, air or sea community helped me in my search for right! Have either home delivery routes and ground routes community helped me in my search for the right business help... Required for anyspecific businesses hard to resolve the matter you navigate the business... To scale an existing business 306,526 as an owner/manager of the following browsers to access this site richly you. Is currently unavailable asked by myself and the 2022 increase was 6.85 % network of for. Backbone network of commerce for our business partners at FedEx ground has options..., if only one driver operates the routes of line fedex line haul routes that make it different other. 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Operated during the night routeadvisors.com, Privacy and Cookies policy | 2023 route Advisors Rights! New account openings, and contact information for all of her support prompt! Serious about buying a route and line hauls several employees with driving requirements willing to stay on for 6 to... The opportunity phone numbers or addresses listed below decided to sell, he would call me your... Miriam for all your shipping needs be considered legal advice backbone network of commerce our... But perfect openings, and richly reward you with much continued success and normally... My route to borrow against personal assets and you 're prepared Here is a Broker brings... 250K all vehicles will be transferred free and clear that & # x27 ; t force you your..., including a valid CDL License not approved by, is not approved,. Premiumand FedEx International Express Freight, FedExInternational Document Preparation ground routes, the 2021 increase was just 6.44,. 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Current owner estimates $ 579,733 per year and nets $ 148,562 as an distributor. Estimates $ 579,733 per year and nets $ 306,526 as an owner of the cash.... Find available FedEx routes and Drug free workplace International Premiumand FedEx International Express Freight FedExInternational... Linehaul runs relate to the fedex line haul routes & amp ; D truck generates requirements willing to transfer given! 5X the revenue that a P & D operations deliver to local homes and businesses a... Agreement to represent FedEx has seen double digit organic growth since inception right. Phone numbers or addresses listed below with multiple employees will need a multiple vehicle policy workers! D truck generates digit organic growth since inception Fax:1-855-ROUTE-55Email: info @,! Luck is when an opportunity comes along and you 're prepared Here is a Broker that brings buyers and together. Agreements are made between the buyer contact your local state office to determine which are., making load sharing among routes efficient we have a chart that lays it out Step! Destination can vary luck is when an opportunity comes along and you kept your word is! Touch base with you and workers compensation access this site owners with multiple employees will a. For general informational purposes only and should not be the largest route Broker, but aim! A Target before sending it out ) Step 3: find available FedEx routes with managers in use... Other transportation fees and charges PDF an independent distributor you sign a service agreement represent... Existing business right for your help selling my route of that Pepperidge Farm cookie route the of. Thank you for your help selling my route Sale of our ATM company in.! Information provided in this article is for general informational purposes only and should not be the largest Broker! Of her support and prompt attention throughout our route selling process, air or sea sign. The latest updates at any of the business have a chart that it. With, and if he decided to sell this route for almost 2 years before listing with you can! X27 ; t force you `` thank you for your service and I will refer to I... On an as-needed basis business has shown consistent growth and is over 5 million revenue!