If you want to work with a responsive broker who answers the phone, returns messages, and is as invested in your success as you are, give us a call. During that time, new ownership will be trained by north the seller and Linehaul Solutions while we prepare new operations team for maximum success. "I wanted to sell my routes in a package with three other contractors. FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. 6. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. The whole process has been nothing else but perfect. Job Type: Full-time Benefits: 3 Floating Holidays. Miriam was able to effectively evaluate our routes and present them as a package to investors. It all happened exactly the way I wanted, and I have Miriam to thank for that. If you want to talk to contractors who run both P&D routes and linehaul runs about which type of FedEx Ground route is right for you, our team answers your questions weekly on our free webinar. We do more than connect buyers and sellers. Its critical that new contractors budget for either long-term leases or the purchase of new trucks and significant repairs to existing semi-trucks. Some contractors say linehaul runs are 90% boredom and 10% terror. FedEx Ground Routes For Sale: Well-established and highly profitable FedEx Ground routes. FedEx Routes with managers in place use up to a 4 multiple of the cash flow. The laws and regulations regarding business licenses may vary from state to state and are subject to change. 6 vehicles are also included. Investors acquire companies for two reasons - the cash flow they generate and the potential to sell the business in the future for a higher price. Home Based. Plus, we offer dangerous goods training. $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA . ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. The gross income for the routes is $1,237,000 per year, minus $930,474 estimated yearly expenses as mentioned above gives you the net of $306,526. FedEx uses sales reps to expand and develop the routes. has 3+ years of Clean tax returns for approved SBA Banks. Contact Us Site Map
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", "Thank you for your help selling my route. Net over $6,200 a week after all expenses including drivers.Gross annual sales over $896,000.These FedEx Line Haul Routes for sale turn out of Orlando, Florida. The suit, filed in federal district court in Tennessee, charges Route Consultant with violating federal and state laws by making unfounded allegations that have damaged FedEx Ground's brand and reputation. All routes are contiguous, making load sharing among routes efficient. $2,650,000 . The current owner estimates $579,733 per year in expenses/overhead to operate the business. Are you primarily looking to use LoopNet to $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA, Very Unique Opportunity we are listing as a result of an owner retiring after 10+ years in the business. Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. You are awesome. Their well known brand of shipping and delivery services are very popular with businesses and consumers alike which will continue to add value to this business. One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. Routes For Sale now offers discounts on insurance! We would recommend anyone needing to sell or buy a business to work with this professional company. The username or password you entered is incorrect. However if you need money, you can review additional Financing Options Here. Maryville, TN (PRWEB) Nov. 1, 2013 Maryville-based Vanquish Worldwide, a Service Disabled Veteran-Owned Small Business (SDVOSB) providing global support services to the U.S. Government and the commercial market sector, announced today its award of multiple FedEx Ground Line Haul routes providing pickup and delivery services and package transport on "long haul" routes across the There are two distinct types of FedEx Ground routes: pick-up and delivery (P&D) routes or linehaul runs. Our client relationships dont end when the sale is done. Additionally, linehaul runs are a great way to scale an existing business. Independent contractors or fleet owners with straight trucks and tractors for over the road opportunities. Searching to buy FedEx routes? Terms and conditions of service for the following can be found in the Service Guide PDF: Download PDFs for terms and conditions of the following services by clicking the links below. Linehaul businesses with more solo runs will have margins closer to 20%-30% and those with mostly team runs may have margins upwards of 45%. Your trucks are larger, and you inherit the known risks of a large vehicle on the road. You will have the continued support, backing and branding of FedEx. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. Approx: 4:30 PM Dispatch from FedEx Station in Moses Lake . Yes, as an independent distributor you sign a service agreement to represent FedEx. She answered my calls promptly even in the evenings and on weekends, and she worked with multiple buyers at the same time until I received a good solid offer. We apologize for the inconvenience. Route Advisors is apartner you can count on when it comes to FedEx and Amazon routes, since 2014. The purchase price also includes vehicle assets of $250k . FedEx Line Haul - 3 Routes . Thanks again for your help! I wanted to thank you for your service and I hope that we can work together on future deals. Business comes with 26 owned trucks valued over 1.5 million. There are 7 employees in place that are willing to transfer with the business. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. Step 4: Evaluate FedEx route listings. I had a great team of employees and didnt want to hand them off to just anyone. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Route Advisors may not be the largest route broker, but we aim to be the best. ", How to Purchase, Sell, and Reassign an Amazon Prime Delivery Route, An Overview of the Amazon Delivery Service Partner Program, 5 Reasons for Selling Your FedEx Ground Route. Find answers, helpful resources, and contact information for all your shipping needs. Account, Already a member? I give Route Advisors my highest recommendation. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. As an independent distributor/business owner you are responsible for servicing the route. Would most definitely refer people to him. Thanks from the bottom of my heart! Here is a PDF with all FedEx standard list rates for 2023. To get more information about this FedEx Linehaul Routes, 2 Routes business for sale in Houston please phone Alex Beringer - BRE License #:02069958 at 415-939-1000 Cell and 415-939-1000 Text - if you get voicemail please leave a detailed message - make sure you mention . Then, to make sure the sale closed, she walked the buyer through of every step of due diligence, the interview with FedEx, and even reviewed their RFI. I couldn't recommend him more highly. Route values can be increased by new account openings, and additional growth in the area. 6 vehicles are also included. The transition went very smoothly, and I was able to save my employees from the fear and speculation that comes with change. As an independent contractor you are paid by mileage. Please click the link in that message to reset Make sure to subscribe below to get notified on the newest lisitngs for sale in your state. The current owner has owned the routes for 3 years. As part of the line haul operations, a line haul driver is in charge of transporting materials, ensuring timelines and efficiency from one FedEx location to another. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! 52 salaries reported. All vehicles are paid in full. FedEx requires a third-party background check; you must have no felonies and a decent driving record. Copyright 2018. If you do not see the email in a few minutes, check your junk mail folder Contact Us About This Route Here! Seller will not entertain SBA loans. Send a package downtown or a pallet across the border. Historically, contractors could have either home delivery routes, ground routes, or both. Priced at $1,200,000! Net over $2,700 a week after all expenses including a F/T manager and drivers..Gross annual sales over $550,000..These FedEx Home and Ground Routes for sale turn out of Sanford Florida and deliver to Ormond Beach and Daytona Beach Florida..The routes include five trucks that will have clear titles at closing and the routes meet all ISP requirements.Total Price $600k.The seller is selling a portion of there business therefore these routes DO Not qualify for SBA or bank financing..Serious inquires only and proof of funds are required.Please call for more information (800) 769-0927. The ones that I am interested in are those located in Southern California, with minimum 5 routes, grossing at least $1.5 million, with cash flow around $300k. Income documentation will be provided to all serious buyers. You have been a most valuable asset during these negotiations. Growing business backed by a publicly traded company on the NYSE! Currently the route grosses $728,295 per year. Currently grossing $2,215,135 per year and nets $232,925 as an owner of the business. All routes are contiguous, making load sharing among routes efficient. I will also recommend you to anyone seeking similar services. They travel to varied destinations on an as-needed basis. So if you enjoy long drives during the night, a line haul run is the best option for you. Account, Don't have an account? You also have higher costs of business: insurance costs, employee salaries, maintenance costs, etc. complete support and assistance. I got back from West Virginia 3 weeks ago and everything is going great with the new business. FedEx Line Haul Routes for sale in the Grove City, Ohio region for $2,400,000! There is no seller financing for this route. Best places to find routes for sale. Linehaul drivers must hold a valid CDL license and must meet specific driver experience requirements. New account openings, and additional growth in the area everything is going with... 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