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Listing Number: 3849
SOLD-Semi-Absentee FedEx P&D Routes with SBA lending
Semi-Absentee FedEx P&D Routes serving the Columbus GA. metro area. Twelve quality FedEx compliant trucks in the fleet. Ten trucks dispatch on Mondays with nine trucks dispatching Tuesday through Friday and seven on Saturday. Experience manager and 13 drivers, many cross trained to run any route and want to stay on. Good books and records.
SBA Pre-Approved for a qualified Buyer.
Listing Broker
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
[email protected]
- Category: FedEx Routes for Sale
- Asking Price: $1,200,000
- Gross Sales: $1,367,456
- Cash Flow: $315,813
- County: Muscogee
- Area: Lagrange
- FFE: $ 403,733
- Inventory: $0
- Real Estate: $0
- Employees: 12 - Full-Time 2 - Part-Time
- Facilities: FedEx Terminal is a co-location where all trucks are domiciled
- Relocatable? No
- Home Based? Yes
- Market Notes: FedEx is a known leader in the package delivery space. This independent contractor model continues to take market share away from UPS and the US Postal Service.
- Growth Notes: FedEx continues to increase year over year with more e-commerce coming from consumers. FedEx made a public announcement in April 2023 that FedEx Express model operated by FedEx employees will be fully integrated into the Ground model by June 2024. The Ground infrastructure was built to absorb FedEx Express into the Independent Contractor model and do away with the Express.
- Support Training: Seller will assist in the orderly transition of the routes and staff
- Year Established: 2016
- Financing Terms: SBA pre-approved lending for qualified Buyer with 20% equity injection amortized over 10 years
- Reason for Selling: Downsizing the FedEx operation
- Inventory Included: No
- Is Franchise No
- Lender Prequalified Yes
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes