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Listing Number: 3815
Summary - Semi Absentee FedEx P&D routes servicing W. Va.
JUST REDUCED! 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: $900,000
- 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