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Fedex Ground Linehaul For Sale
Location: United States -> North Carolina
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

FedEx operates FedEx Ground routes on a contractor business model, allowing individual business owners to operate one or more routes. Each owner is responsible for obtaining and maintaining a FedEx approved vehicle, pass a background check and driving test (if the independent contract intends to act as a driver) and be approved by FedEx corporate as a qualified operator. The compensation is paid to the contractor based on number of routes owned and the miles made weekly. Various bonuses are also awarded on a quarterly basis. In addition, FedEx partially compensates route owners for fuel based on mileage driven in the defined time period and at a defined price per gallon which limits the owner's exposure to inflated fuel prices.

This type of business for sale is very unique as it requires no office or overhead costs if the owner operates the route, and very minimal overhead if multiple routes are operated. FedEx pays weekly and other additional compensation, all based on the prior weeks' work performed.
For more information, email or call 7046060989.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,000,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Inventory value is $600,000.
Seller Financing:  Yes

About The Business

Year Established:  2003
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  2 weeks training will be provided..
Reason For Selling:  Seller is running second business.

Photos

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Fedex Ground Linehaul For Sale Photo 1 Fedex Ground Linehaul For Sale Photo 2 Fedex Ground Linehaul For Sale Photo 3




Print Listing Id: 700157546


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Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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