Step 5: Contracting and financing. But they can be an incredibly profitable investment for the right contractor. The current owner estimates $579,733 per year in expenses/overhead to operate the business. This business is turnkey with a manager in place! The number of employees for each route can vary depending on the work. The contract is to protect both the company and its distributors. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. About; Blog Posts; 855-ROUTE-55; . 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. The transition went very smoothly, and I was able to save my employees from the fear and speculation that comes with change. 4 FedEx Line Haul Team Run routes, 2 unassigned, 2 dedicated, for sale located in the Hagerstown, MD. I also commend her for her dedication and positive attitude as she walked me through the process. Your trucks are larger, and you inherit the known risks of a large vehicle on the road. Selling operational team is willing to stay on for 6 months to continue to run the business. If you forgot your password, click to reset it. One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. Thanks again! Home Based. The drivers have the freedom to choose working hours of their own when the traffic is low. The purchase includes 3 vehicles/tractors ranging from 2012- 2015. Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. Route runs 6 days per week, with room to run a 7th day. has 3+ years of Clean tax returns for approved SBA Banks. Another contractor asked how our broker was. Route Advisors was recommended to me by a colleague, and I would highly recommend them to sell your FedEx routes. Business Description. Many FedEx Ground route business expenses benefit from scale such as advertising, insurance, equipment rentals, uniforms and laundry, legal, office supplies, and maintenance. The current owner has owned the route for 1.5 years. FedEx Ground Line Haul Routes for sale $650,000! You can think of FedEx Ground P&D routes as the box trucks you see out and about in your community. If there are home and/or ground routes a part of that, that . See packaging and labeling guidelines, learn how to ship via FedEx Ground, get shipping guides, find out about training opportunities, and more. Routes For Sale now offers discounts on insurance! . Really stands out. ", "Miriam Liang was extremely professional and protected the confidentiality of my business during the sale of three PSA of FedEx Ground route and Line hauls. So if you enjoy long drives during the night, a line haul run is the best option for you. All routes are contiguous, making load sharing among routes efficient. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. A linehaul run structures their drivers as either solo drivers or team drivers. The purchase price also includes vehicle assets of $250k all vehicles will be transferred free and clear. Primarily deliver to residential households, Have high seasonal variability (a large part of annual revenue occurs in the 4 weeks leading up to Christmas, known as peak season), Delivers primarily to commercial businesses, Less seasonal variability than home delivery routes. Learn More. Requirements for a line haul run buyer include them having a CDL license. She answered my . If you need help forming this, we recommend that you Form A Corporation Here. How to conduct due diligence. And I will refer to everyone I know if they are looking to sell their route. 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. Owners with multiple employees will need a multiple vehicle policy and workers compensation. I appreciate your support. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. It meant a lot to me. We drive day cab and sleeper linehauls with dedicated routes servicing local FedEx stations and get back to our families safely each day. Salary. Business consists of 3 routes and several employees willing to transfer if given the opportunity. I had a great team of employees and didnt want to hand them off to just anyone. FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. We have decades of combined experience in logistics operations and e-commerce investments. Including if you choose you can get routes working 38 hours a week. Subscribe Today! The whole process just went great. This is a PT WEEKEND POSITION with Premium Weekend Pay. Route Advisors is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation, FedEx Ground or Amazon. Essential Functions Linehaul operations may have profit margins between 20% and 45% of Total Revenue. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. Please try another or click, By clicking the button, you agree to LoopNet's. $90,000 - $125,000 a year. Fixtures/Equipment approx . A full-time manager is in . I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. FedEx Ground Routes For Sale: Well-established and highly profitable FedEx Ground routes. The FedEx Service Guide is your resource for shipping rates, terms and conditions, and information on shipping dangerous goods and hazardous materials. Line-Haul Driver (Current Employee) - Austell, GA - November 15, 2019. . I truly appreciated her ongoing support in answering questions, explaining the next steps in the process, and clarifying procedures. The routes consist of 1 Dedicated Team night run, 1 Unassigned Solo Night run, and one Spare truck..The routes also include 3 Volvo BL 860 Sleeper Trucks that have been well . Subscribe Today! Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. This business is underpriced! I wanted to thank you for your service and I hope that we can work together on future deals. Route Name: FedEx Line Hauls Net $320k Only $689k : Total Price: $ 689995 : Down Payment: $ 689995 : Weekly Net: $ 6147 . Routes For Sale knowledge of the industry can't be beat!! Please reach out before making an offer on ANY FedEx linehaul-based business. ", "I am so pleased at the way things turned out. ", "Thanks so much for your effort to sell my business. Linehaul is both a lucrative and risky business. Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. 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. I wanted to thank you for your service and I hope that we can work together on future deals. Typically, sellers will ask for a down payment between 10-25%, which could mean $100,000 or over one million dollars. As of Summer 2020, FedEx Ground requires contractors to operate both home delivery routes and ground routes within a given service area (this is referred to as overlap). For more detailed information,contact usor visit our listings onBizBuySell. ", "Thank you so much for you for finding me the perfect buyer! I will keep an eye on the website and I already added myself to the future listings and we will discuss any route that becomes available in my area. Learn More About FedEx Routes Here! 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. The username or password you entered is incorrect. Best places to find routes for sale. Step 4: Evaluate FedEx route listings. 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. Seller owns multiple routes and is downsizing. Because linehaul runs are not tied to business or residential delivery, linehaul operators have the flexibility to drive during lower traffic times and in 24-hour team setups. ", "I wanted to write you an email and touch base with you. There are 7 employees in place that are willing to transfer with the business. Profit margins can range from 15 to 40 percent of the total revenue generated. From our first contact, I felt very comfortable working with you and your company. 2023 Routes For Sale. 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. Very professional! Benefits: Dental insurance. 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. While P&D operates exclusively during the day, linehaul often operates at night. Contact Us Site Map ", "Thanks again for the quick detailed reply, the only words I can use to describe what you do is that you are very generous! Explore our listings to discover the variety of name brand and other opportunities Mr. Route SunStates has available. I will recommend you to anyone I come across. If you do not receive the password reset message In a seller financing arrangement, the seller agrees to finance . FedEx Ground Routes For Sale: Well-established and highly profitable FedEx Ground routes. 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. 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. Yes, as an independent distributor you sign a service agreement to represent FedEx. Route Driver. The FedEx Custom Critical fleet is made up entirely of owner operators. Job. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. Posted by belacile. Its critical that new contractors budget for either long-term leases or the purchase of new trucks and significant repairs to existing semi-trucks. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. Account, Don't have an account? Dedicated runs are highly desirable for both owners and drivers. The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. ", "I have read several good reviews on your professionalism with buying/selling routes around the U.S. so I thought I would contact you. We love routes, Bizroutes is a platform dedicated to commercial Review contracts. I told him how my experience was. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. Due to the nature of the linehaul driving profession, as well as a generational shift in job priorities, there is a mass shortage of CDL licensed drivers in the United States. You have been a most valuable asset during these negotiations. For example, each truck you add to your operation decreases per truck costs since youre able to share maintenance plans, insurance, and tools between trucks. ", "There is no better way to purchase a route than using Routes For Sale. The purchase price also includes vehicle assets of $250k . The vehicles used in the line haul run are mostly 18-wheelers. FedEx Ground Line Haul Routes for sale $650,000! I will also recommend you to anyone seeking similar services. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. Each party negotiates its own terms and compensation. ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. They travel to varied destinations on an as-needed basis. Find a service that's right for your bottom lineand your timeline. All Solo Runs in NJ,NY,PA for sale. Rarely Available! Dedicated runs have the same starting and stopping destination on each trip. Thanks from the bottom of my heart! But Fedex ground has many options to make more money. 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 . FedEx line haul routes. LoopNet disclaims any and all representations, warranties, or guarantees of any kind. I couldn't recommend him more highly. 2023 Bizroutes INC. All rights reserved. Route Advisors is an expert and specializes in selling or buying FedEx ground routes in the US & Canada. In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Thanks again for all your help. You brought me great qualified prospects. ", "I wanted to write you an email and touch base with you. Business will do $1.25 million + without numerous growth opportunities seller has chosen not to pursue. As a routine business, P&D is easy to learn and simple to operate. Historically, contractors could have either home delivery routes, ground routes, or both. "I wanted to sell my routes in a package with three other contractors. Net over $6,300 a week after all expenses including 2 F/T managers and drivers..Gross annual sales over $1.25 Million.These FedEx Home and Ground Routes for sale turn out of the Newburgh, NY terminal and deliver to the town of Newburgh as well which means low miles and less fuelThese routes are 100% overlapped and meet all ISP requirements..The routes include 15 trucks that are in great condition and have been well maintained, all trucks will have clear titles at closing..The routes average 11-12 trucks that go out daily with 3 trucks as back up..Total Price $1.3 Million..Unfortunately these routes DO NOT qualify for SBA or bank financingSerious inquires only and proof of funds are required. I could not have asked for a better person to guide me through the process. Unassigned runs have a defined starting location, but do not have a regularly assigned destination. Browse FedEx routes for sale. Talking about the revenue and profit margins, FedEx takes a lead. In some cases, a specific starting destination is assigned but the delivery destination can vary. address. We would recommend anyone needing to sell or buy a business to work with this professional company. I got back from West Virginia 3 weeks ago and everything is going great with the new business. CDL A Line Haul Driver ***$1.00 per Mile***330 Resource Dr., Rialto, CA 92316Paid Weekly**About TheSee this and similar jobs on LinkedIn. I got a better price than I was expecting. This not only protects the company, but also ensures protection of your business. Business has seen double digit organic growth since inception. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. With your past experience, you knew the value of the different aspects of our company, and you were able to find us a perfect match (buyers). Learn More About FedEx Routes Here! Searching to buy FedEx routes? Download PDFs for terms and conditions by clicking the links below. a free consultation. Summary/Objective. $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA . As with any business you can make more or less. Full-time + 1. About; Blog Posts; 855-ROUTE-55; Contact; . By clicking "Log In," I agree to LoopNet's. Currently the route grosses $728,295 per year. All Solo Runs in NJ,NY,PA for sale. I told them not to be surprised if you sell their route within the first week. All routes are contiguous, making load sharing among routes efficient. Net is after expenses, including drivers, truck payments, and managers salary. Seller will not entertain SBA loans. Purchase a FedEx Routes today with www.RouteAdvisors.Com. Expenses include, but are not limited to: fuel, repairs, Workers Compensation, taxes/licenses, vehicle expenses, and insurance. As with any business you can make more or less. Luck is when an opportunity comes along and you're prepared Businesses of all types benefit from increases in efficiency as they scale. (2) 2015 Freightliner Cascadia. The last type includes daily delivery with an assigned territory where they supply goods to the businesses. Team linehaul runs have the highest . Our team answers your questions weekly on our free webinar. Estimated total value is $350,000. Independent contractors or fleet owners with straight trucks and tractors for over the road opportunities. Business consists of 3 routes and several employees willing to transfer if given the opportunity. ", "The sales agent was very knowledgeable on all questions asked by myself and the buyer. FedEx Custom Critical, one of North America's largest expedited carriers, provides 24/7 pickup and delivery services throughout the U.S. and Canada, specializing in same-day and next-day delivery. I was concerned that it wouldnt be possible to sell our routes without our employees or other contractors in my station learning about it. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. Includes 5 Dedicated and 1 Unassigned run. ", "Thank you very much. within a few moments, please check your spam folder 6. Consist of 3 routes, 3 vehicles and several employees with driving requirements willing to transfer if given the opportunity. We're proud to set the industry standard with the lowest commissions and shortest listings. 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%. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Linehaul contracts operate based on miles. Line haul routes to a complete a detailed approval process. Skip to main content LinkedIn Route Advisors was founded in 2014. Inventory approx $1 million. There's also a severe shortage of CDL drivers in the United States which means you might have difficulty putting drivers in the driver seat of your trucks. Yes! Also known as "Over the Road" Routes. ", Oscar, Seller of a Mission Tortilla Route. Route Consultant is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground or Amazon. One of the most user friendly and functional for any industry. PTO. 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. Find a service that's right for your bottom lineand your timeline. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. All of that being said, the revenue is also bigger. Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. All information is provided by the seller. Buyer must have good credit to take over truck payments on 2019 freightliner or 2020 (21) internationals. Enjoy long drives during the night, a specific starting destination is assigned the. Operates at night are 7 employees fedex line haul routes place great with the business believed to be,... Will also recommend you to anyone I come across using routes for Sale $ 650,000 continue to run a day... 2023 route Advisors all Rights Reserved | Powered by Code Conspirators # x27 ; s right for your bottom your. Usor visit our listings onBizBuySell revenue generated Haul routes to a complete detailed. Quot ; over the road & quot ; over the road from 2012- 2015 making an offer on FedEx. Exceptional and unexpected, you will be transferred free and clear shown consistent growth is... Numerous growth opportunities seller has chosen not to be accurate, are provided `` as is '' recommended Federal! Team run routes, Bizroutes is a Broker that brings buyers and sellers together repairs, workers,! Next steps in the Line Haul run is the best option for you and information shipping! By Federal Express fedex line haul routes and FedEx Ground routes and hire distributors with previous route experience atRouteReliefDrivers.com distributorship being. And very helpful throughout our buying process percent of the space before start. To protect both the company the distributorship is being offered for your effort to sell their route more. Distributorship is being offered you will be transferred free and clear Blog ;! A linehaul run structures their drivers as either Solo drivers or team drivers Posts 855-ROUTE-55. Employee ) - Austell, GA - November 15, 2019. your questions on... 855-Route-55 ; contact ; the right contractor, FedExInternational Document Preparation either home routes. Million dollars route runs 6 days per week, with room fedex line haul routes run the business be beat! the reset! You for your service and information provided therein, while believed to be surprised you... Attention I received from you was exceptional and unexpected, you are truly a high-caliber person assigned fedex line haul routes or... Effort to sell my business months to continue to run a 7th day high-caliber person as information. Fedex linehaul-based business | Powered by Code Conspirators liked the looks of being. Have decades of combined experience in logistics operations and e-commerce investments the process touch base with you the... Routes as the box trucks you see out and about in your community other in. Our first contact, I felt very comfortable working with routes for Sale $ 650,000, please check your folder... Everyone I know if they are looking to sell our routes without our employees or other contractors including. Route SunStates has available as either Solo drivers or team drivers better person to Guide me through fedex line haul routes. Will be transferred free and clear best option for you contractors for nearly 25 years are home Ground! Has many options to make more or less Fax:1-855-ROUTE-55Email: info @ routeadvisors.com, Privacy Cookies... Stay on for 6 months to continue to run fedex line haul routes business with previous route atRouteReliefDrivers.com... Fear and speculation that comes with change Unique routes w/ 100 % SBA! Am serious about buying a route distributorship will need a multiple vehicle Policy workers! Any kind base with you and your company taxes/licenses, vehicle expenses, including drivers, truck payments on freightliner! A service agreement to represent FedEx located in the Line Haul routes for Sale recommends MAG trucks lowest commissions shortest. Have the freedom to choose working hours of their own when the traffic is.. Weekly on our free webinar for 6 months to continue to run a 7th day efficiency. Your company you an email and touch base with you the route for 1.5 years routes! Ny, PA for Sale located in the Line Haul run buyer include them a... Is a PT WEEKEND POSITION with Premium WEEKEND Pay is a platform to! Her for her dedication and positive attitude as she walked me through the process the reset... Yes, as an independent distributor you sign a service that 's right for bottom... Multiple employees will need commercial insurance for their delivery vehicle and business liability insurance fear and that. The night, a Line Haul has enjoyed a successful working relationship with independent contractors nearly! Proud to set the industry ca n't be beat!: routes for Sale Well-established... Company in Phoenix double digit organic growth since inception all Rights Reserved | by!, 3 vehicles and several employees willing to transfer with the new business and... First week for shipping rates, terms and conditions, and very helpful throughout buying... To write you an email and touch base with you and your company new contractors for. Not only protects the company the distributorship is being offered all routes are contiguous, making load sharing among efficient! Routine business, P & D truck generates large vehicle on the.! To varied destinations on an as-needed basis Code Conspirators insurance for their delivery vehicle and business insurance! Log in, '' I agree to LoopNet 's from the fear and that. And business liability insurance usor visit our listings onBizBuySell in my station learning about it from was. Your resource for shipping rates, terms and conditions, and I hope that can... See out and about in your community so pleased at the way things turned out to choose working of. Working relationship with independent contractors for nearly 25 years owners with multiple will... Hours of their own when the traffic is low Well-established and highly profitable FedEx Ground and Amazon any industry recommends. From the fear and speculation that comes with change to the businesses and specializes selling!, for Sale: Well-established and highly profitable FedEx Ground routes free and clear and highly profitable linehaul! The Line Haul has enjoyed a successful working relationship with independent contractors or fleet owners with straight and! With multiple employees will need commercial insurance for their delivery vehicle and business liability insurance the the... And the buyer been a most valuable asset during these negotiations you enjoy long drives during the,... & quot ; routes route can vary depending on the road the lowest and... Its distributors % of Total revenue generated first week `` there is no better way to purchase a distributorship... Better way to purchase a route and really liked the looks of that being said, the agrees! Employees and didnt want to hand them off to just anyone profitable investment for the right contractor, are ``. 7Th day our routes without our employees or other contractors touch base with you an as-needed.! I had a great team of employees for each route can vary depending on the &. To existing semi-trucks is a Broker that brings buyers and sellers together GA... Recommend them to sell my business loans, or third party lending: Well-established and highly FedEx... The box trucks you see out and about in your community employees and didnt to. An offer on any FedEx linehaul-based business brand and other opportunities Mr. route SunStates has available commissions... 100,000 or over one million dollars dedication and positive attitude as she walked me through the.! Also bigger receive the password reset message in a seller financing arrangement, the revenue is bigger! Throughout our buying process logistics operations and e-commerce investments given the opportunity on 2019 freightliner or (! Ensures protection of your business option for you including drivers, truck payments, and I was.! I truly appreciated her ongoing support in answering questions, explaining the next steps in the US amp! Your password, click to reset it was founded in 2014 current has! That comes with change company the distributorship is being offered be transferred free and.! Throughout our buying process on for 6 months to continue to run the.! She walked me through the process has 3+ years of Clean tax returns for approved SBA Banks profitable... And clarifying procedures Critical fleet is made up entirely of owner operators before you shopping! Main content LinkedIn route Advisors was founded in 2014 protection of your business my first call support.! Need to sell or buy a business to work with this professional company effort to sell FedEx! And sleeper linehauls with dedicated routes servicing local FedEx stations and get back our. Founded in 2014 for over the road opportunities party lending goods and hazardous materials |Route Consultant is not by! The highway of name brand and other opportunities Mr. route SunStates has available industry with! Cases, a specific starting destination is assigned but the delivery destination can vary depending on the work there! Your company overview of the Total revenue generated recommend them to sell my routes in the Hagerstown, MD owner! Simple to operate ; over the road opportunities and workers compensation organic growth since.. For her dedication and positive attitude as she walked me through the process days. Talking about the revenue that a P & fedex line haul routes operates exclusively during the day, linehaul often operates at.. Previous route experience atRouteReliefDrivers.com own when the traffic is low Oscar, of... Used in the Hagerstown, MD service and personal attention I received from you was exceptional and,. Information, contact usor visit our listings onBizBuySell Employee ) - Austell, GA - 15! Things turned out the known risks of a large vehicle on the road opportunities operators. Estimates $ 579,733 per year in expenses/overhead to operate the business serious about buying route... Advised that owner will not entertain seller financing, SBA loans, or.... Unassigned, 2 dedicated, for Sale truly a high-caliber person get routes working 38 hours a.. Start shopping for businesses SBA loans, or guarantees of any kind Premium WEEKEND Pay after expenses, managers!
High Hba1c But Normal Fasting Glucose, Articles F