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SOLD – TURNKEY 33 FedEx Routes in MD
Business for Sale in Baltimore - SOLD

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Listing Number: 3210

Summary - SOLD – TURNKEY 33 FedEx Routes in MD

SOLD – TURNKEY 33 FedEx Routes in MD

TURNKEY OPERATION: 33 FedEx routes in Central Maryland – ISP model. Most are contiguous and overlapping Home Delivery & Ground further increasing profitability and route efficiency. Continuous growth with adding new service from USPS “SmartPost”. Fleet of 42 well maintained vehicles and a fully functional truck maintenance facility with on-staff mechanic. Vehicles are outfitted with GPS tracking and a full suite of safety and accountability analytics and reporting. 30 Drivers, 4 Managers and 1 assistant Manager.

Listing Broker

Patrick Gagliardi

Chief Operating Officer

Phone: 954-633-7278
Email: [email protected]

  • Category: Freight Carrier & Moving Delivery
  • Asking Price: $3,200,000
  • Gross Sales: $3,260,249
  • Cash Flow: $635,035
  • County: NULL
  • Area: Baltimore
  • FFE: $ 638,000
  • Inventory: $0
  • Real Estate: $0
  • Employees: 35 - Full-Time 12 - Part-Time
  • Facilities: A new, State of the Art, well maintained indoor FedEx facility. Company also owns a fully equipped maintenance facility with on-site staff mechanic and houses the management and admin office.
  • Relocatable? No
  • Home Based? No
  • Market Notes: Recession proof business that continues to take market share from the competition i.e. UPS, USPS and DHL.
  • Growth Notes: 10% Organic growth continues fueled by the ever increasing e-commerce and B2B delivery and new service offering ‚ÄúSmartPost‚Äù from USPS.
  • Support Training: Seller will support the orderly transition of the business for 30 days. Management team in place to handle the day to day operations.
  • Year Established: 2003
  • Financing Terms: Terms to be determined.
  • Reason for Selling: Semi-Retirement
  • Inventory Included: No
  • Is Franchise Yes
  • Lender Prequalified No
  • Absentee Owner No
  • Selling Financing? No
  • Is FEE Included? Yes