Line haul routes to a complete a detailed approval process. Route owners hours will be based on what is required to oversee the operation. Essential Functions . Another contractor asked how our broker was. Owning and operating FedEx Ground P&D routes does not prevent you from adding linehaul runs later on. Turnkey with full time manager in place! ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. Although it was a complicated listing with four different sellers, we received an offer in the second week of our listing and by the time we closed, wed received two additional back up offers. within a few moments, please check your spam folder Route Advisors is not endorsed by and is not recommended by Federal Express Corporation, FedEx Ground or Amazon. Additionally, linehaul runs are a great way to scale an existing business. For additional Consulting Services with one of our FedEx route specialistsRequest A Consultation Here! FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, with no manager in place. We have clients doing business all over the world. That email address has already been registered. 6 vehicles are also included. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. 5. I'm doing my due diligence on FedEx line hauling routes. I will continue doing business with him and highly . Thanks!! I told him it's a guaranteed sale. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. Liang was extremely professional and protected the confidentiality of my business during the sale of three PSA of FedEx Ground route and Line hauls. Consider owning and operating a successful, existing and licensed FedEx Line Haul Routes Business. TEAM FEDEX DRIVERS - CDL A - FedEx Ground Contract*. The contract is to protect both the company and its distributors. As an independent distributor/business owner you are responsible for servicing the route. Really stands out. But Fedex ground has many options to make more money. Business has shown consistent growth and is over 5 million in revenue. If I find myself with the need to sell anymore routes, you will be my first call. Includes 5 Dedicated and 1 Unassigned run. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. Net is after expenses, including drivers, truck payments, and managers salary. Net over $5,100 a week after all expenses including 2 F/T managers and approximately 16 drivers..Gross annual sales are projected to do over $1.4 Million.These FedEx Home and Ground routes for sale turn out of Sanford, Florida terminal and deliver to the Ormond Beach area..The routes include 14 trucks that have well maintained and all trucks will have clear titles at closing.These routes meet all ISP requirements..Total Price $1,000,000..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. I was concerned that it wouldnt be possible to sell our routes without our employees or other contractors in my station learning about it. ", "I wanted to write you an email and touch base with you. My buyer, said "Too bad I didn't know you had a route for sale and you could have saved the commission." has 3+ years of Clean tax returns for approved SBA Banks. All of that being said, the revenue is also bigger. (1) 2016 Freightliner Daycab Owners with multiple employees will need a multiple vehicle policy and workers compensation. also, check out fed ex home delivery routes for sale. How to conduct due diligence. Our logistics experts work with clients to improve transportation network visibility, increase fleet utilization, drive efficiency, and reduce cost by developing and implementing customized transportation solutions that best fit their needs. I turned it down because I wanted more income. Route runs 6 days per week, with room to run a 7th day. Your driver may always start in Nashville, but he/she may travel to Denver, Los Angeles, New York, or Chicago (based on the business requirements). I appreciate your support. 2023 Routes For Sale. Drivers have a small, designated coverage area and travel out of the home base daily. Job Type: Full-time Benefits: 3 Floating Holidays. Seller will not entertain SBA loans. Seller owns multiple routes and is downsizing. I feel fortunate to have found your business to help me sell my route. You were professional throughout the process and maximized the sales price that we got for our portfolio by strategically providing information to multiple potential buyers and then timely working with them to close the best offer. ", "I am telling other distributors about your service. Please check back in a few minutes. The cost of linehaul routes is higher per run (as compared with a single P&D route). It is our recommendation that you hire or train someone for additional time needed off. Thanks from the bottom of my heart! Thanks again, and call if I can ever be of any help to you. Request Your Free Insurance Quote Here. Remember passwords are case sensitive. 6 vehicles are also included. 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%. Any shipment over 150 lbs. Yes, FedEx provides a fuel supplement based on current prices. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! Currently based in the Greater Dallas, Texas region. Miriam was able to effectively evaluate our routes and present them as a package to investors. I got back from West Virginia 3 weeks ago and everything is going great with the new business. Learn why FedEx Custom Critical is a great opportunity for owner operators. I will recommend you to anyone I come across. Route Name: FedEx Line Haul Net $300k ask $899k : Total Price: $ 899000 : Down Payment: $ 899000 : Weekly Net: $ 5769 : City: Orlando : State: Florida : Business Description: Well established and expandable 3 line haul routes from Orlando FL It Comes with 3 sleeper double bunk tractor trailers valued $230K 1 dedicated & 1 unassigned uses 3rd . I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. Additionally 1 year of driving experience of a similar delivery vehicle you intend to drive within the last 3 years, or 5 years within the last 10 years if operating as an owner/driver of the business. Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. You had great advice throughout the buying process! Learn More About FedEx Routes Here! You will have the continued support, backing and branding of FedEx. The gross income for the routes is $728,295 per year, minus $579,733 estimated yearly expenses as mentioned above gives you the net of $148,562. Their are certain factors of line haul that make it different from other FedEx routes. Typically, sellers will ask for a down payment between 10-25%, which could mean $100,000 or over one million dollars. If you do not see the email in a few minutes, check your junk mail folder ", "Thanks again for the quick detailed reply, the only words I can use to describe what you do is that you are very generous! He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" Business has seen double digit organic growth since inception. ", "I want to thank you for your input on my personal situation today. ", "There is no better way to purchase a route than using Routes For Sale. There is no seller financing for this route. There are 7 employees in place that are willing to transfer with the business. Contact Us About This Route Here! $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA . Net over $10,000 a week after all expenses including 2 F/T managers and drivers..Gross annual sales over $2 Million..These FedEx Home Routes for sale turn out of Brooklyn New York and Deliver to Coney Island, Brighton Beach and Gravesend..The routes include 22 trucks that have been well maintained and will have clear titles at closing.These routes meet all FedEx ISP requirements.These are FedEx Home routes and are running 7 days a week.Total Price $1.6 Million..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. All Shipping Services Shipping dangerous goods . Note that Internet Explorer is no longer supported. I will recommend. If you already own a FedEx Ground P&D route OR you think you can take on the larger risk and reward immediately, here are ways to know you are a right fit to be a linehaul contractor: You have the ability to finance or purchase a linehaul run AND you have the ability to finance or cover high-cost operations, You have logistics experience and know-how to navigate serious risk in the industry, You have experience planning and executing for contingencies, You understand that you or an appointed manager will need to be available 24/7 to help solve problems. FedEx requires a third party background check, you must have no felonies and a decent driving record. Some contractors say linehaul runs are 90% boredom and 10% terror. FedEx Line Haul - 3 Routes
If seeking financing buyer must be able to borrow against personal assets. We walk you through every step of the process, from valuation to negotiations to navigating FedEx approval and all the way to closing and then some. Request Your Free Insurance Quote Here. 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. Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Thanks again. Subscribe Today! Very Unique Opportunity we are listing as a result of an owner retiring after 10+ years in the business. Contact Us About This Route Here! I give Route Advisors my highest recommendation. And the penalties for late runs/deliveries are higher. We have decades of combined experience in logistics operations and e-commerce investments. I will also recommend you to anyone seeking similar services. Dedicated runs are highly desirable for both owners and drivers. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. Thanks again! She made it feel more manageable. I told him it's a guaranteed sale. If you are thinking about the purchase or sale of a route business, and need your questions answered, please call. Please reach out before making an offer on ANY FedEx linehaul-based business. Business has seen double digit organic growth since inception. 6 vehicles are also included. MUST HAVE 1 YEAR in the past 3 years of verifiable tractor-trailer experience. New Jersey. You have been a most valuable asset during these negotiations. We started working with Route Advisors after listing unsuccessfully with another broker. Thanks again! You are awesome. Business consists of 3 routes and several employees willing to transfer if given the opportunity. 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%. She helped me get so much more out of my business than I ever dreamed of. ", "Thank you. If I find myself with the need to sell anymore routes, you will be my first call. Thanks from the bottom of my heart! ", "I want to thank Miriam for ALL of her support and prompt attention throughout our route selling process. The purchase price of a FedEx route varies depending on the location, the number of employees, and other factors, including the seller's willingness to negotiate. Route Advisors was recommended to me by a colleague, and I would highly recommend them to sell your FedEx routes. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. For example, Nashville to Dallas. In a seller financing arrangement, the seller agrees to finance . Includes 7 dedicated routes (2 Team runs, 2 daytime single runs, and 3 nighttime single runs) and 8 employees willing to transfer if given the opportunity. Very professional! Skip to main content LinkedIn We're proud to set the industry standard with the lowest commissions and shortest listings. Step 4: Evaluate FedEx route listings. It is the prospective Buyers duty and obligation to verify the accuracy of the Sellers representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. ", "I just told a few guys at our warehouse about your service. Solo drivers cover shorter distances between each point and, typically, the driver returns to home base at the end of each shift. ", "Just want to tell you that your web page is spectacular. Route Driver. I am moved and touched by honest and understanding business person like yourself. Team linehaul runs have the highest profit margins in all of the FedEx Ground portfolio. Contact us anytime at any of the phone numbers or addresses listed below. We are a consulting service created to assist new contractors in starting successfully within the FedEx linehaul world. Includes 5 Dedicated and 1 Unassigned run. Salary. If you need help forming this, we recommend that you Form A Corporation Here. Step 2: Understand FedEx ISP requirements. Routes For Sale knowledge of the industry can't be beat!! I had a great team of employees and didnt want to hand them off to just anyone. In October 2019, David Braxton and his brother Douglas acquired an existing FedEx Contractor Business, which included seven FedEx Line Haul routes and eight Semi-Tractors. No financing available. Additionally, linehaul run contractors must consider the known risks of operating such large vehicles: semi-truck accidents may result in injuries or fatalities. As an independent distributor/business owner you are responsible for servicing the route. Fixtures/Equipment approx . Linehaul runs require semi-trucks in your fleet. your password. Buyer, Log We understand how FedEx routes are valued. Growth can also be achieved by adding/purchasing more routes. Here are a few of our newest listings. It can be transported domestically or internationally by land, air or sea. I got a better price than I was expecting. We are aware of this issue and our team is working hard to resolve the matter. Let us help you navigate the FedEx business model, approval process, and find a great opportunity! Sign up for Route Listing Alerts in your area and be the first to know! ", "I am so pleased at the way things turned out. Make sure to subscribe below to get notified on the newest lisitngs for sale in your state. for it. Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity (must be an INC.). Look forward to working with you. I couldn't recommend him more highly. P&D operations deliver to local homes and businesses in a designated territory. These 18-wheelers are expensive to buy and expensive to repair. ", Oscar, Seller of a Mission Tortilla Route. Listings Found, Register seller will stay on and run the businesses for 6 months while training new team along side the premier buyers agent in the Linehaul Space. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. We drive day cab and sleeper linehauls with dedicated routes servicing local FedEx stations and get back to our families safely each day. has 3+ years of Clean tax returns for approved SBA Banks. Independent contractors or fleet owners with straight trucks and tractors for over the road opportunities. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. Learn more about EB-5 visa and how it provides a method of obtaining a . Upper Left Logistics Inc. is a FedEx Ground Contractor hiring for an experienced CDL CLASS A driver. ", "Thank you so much. The FedEx Service Guide is your resource for shipping rates, terms and conditions, and information on shipping dangerous goods and hazardous materials. As with any business you can make more or less. Spot runs do not always require additional trucks and drivers. The contract is to protect both the company and its distributors. We would recommend anyone needing to sell or buy a business to work with this professional company. I appreciate your support. Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity (must be an INC.). A well-managed FedEx business in the right location presents an attractive opportunity for the potential of high returns. The FedEx route business is excellent overall, but a few of these greedy sellers are ruining it for others. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. Your knowledge of the local market and key contacts in the community helped me in my search for the right business to purchase. FedEx uses sales reps to expand and develop the routes. Strenuous driver requirements, including a valid CDL license. of our business comes from referrals & repeat business. I had been trying to sell this route for almost 2 years before listing with you. ", "Thank you so much. Contact Us Site Map
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. Income documentation will be provided to all serious buyers. UPDATE 2016: FedEx has announced that they will convert all remaining states. FedEx line haul routes. Call Mr. Route SunStates at (888) 620-9806 for complete details. ", "Thanks so much for your effort to sell my business. If you continue to see this message, your account may be locked due to too many failed attempts. Error occurred with your registration, please try again. With firsthand knowledge of what its like to be on both the buying and selling sides of the table, Route Advisors is ideally suited to understand and take care of the things that matter to you Just ask the hundreds of clients we have served so far! Unsuccessfully with another broker, linehaul run contractors must consider the known risks of operating such vehicles. 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To get notified on the newest lisitngs for sale: Well-established and highly profitable FedEx linehaul world D deliver... Of high returns wouldnt be possible to sell our routes without our employees or contractors! Million dollars sign up for route listing Alerts in your area and travel out my!, Oscar, Seller of a Healthy Snack Vending route, `` I am so pleased the. Dangerous goods and hazardous materials distributor/business owner you are responsible for servicing the route I dreamed! Mr. route SunStates at ( 888 ) 620-9806 for complete details based in the business update 2016: has... What is required to oversee the operation during these negotiations is after expenses including... Overall, but a few guys at our warehouse about your service over, would use...