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Listing Number: 3815
Summary - Semi Absentee FedEx P&D routes
FedEx route business servicing Northeast West Virginia is operating from nearby terminal in Maryland. The Contract Service Area Overlapped and ISP compliant. 25 zip codes and 19 trucks debt-free and equipment compliant. Experienced drivers and support staff in place. Semi Absentee Seller is Motivated. Financials stated are for 2021.
Listing Broker
Patrick Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email: pgagliardi@capitalbbw.com
- Category:
- Sub-Category: Freight Carrier & Moving Delivery
- Asking Price: $1,099,000
- Gross Sales: $1,838,418
- Cash Flow: $366,127
- County: Allegheny
- Area: Northeast West Virginia
- FFE: $200,000
- Inventory: $0
- Real Estate: $0
- Employees: 22 - Full-Time 6 - Part-Time
- Facilities: Trucks are domiciled in a FedEx Terminal nearby in Maryland.
- Relocatable? No
- Home Based? Yes
- Market Notes: This is a contracted service area. You can get packages to the area via ship, via plane or via rail but to get the packages to a home or business, it must go on a truck to get to the final destination.
- Growth Notes: With the infusion of Smartpost from USPS, volume continues to increase. And this trend is expected to continue; more shopping online and through e-commerce. More newly constructed homes being built in the delivery zone will continue to add to the growth .
- Support Training: Seller will assist in the orderly transition of the routes and staff
- Year Established: 1990
- Financing Terms: Cash Buyer only. No Seller financing
- Reason for Selling: Divesting route business to work on other unrelated business
- Inventory Included: No
- Is Franchise No
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? No
- Is FEE Included? Yes