As with any business you can make more or less. Routes For Sale now offers discounts on insurance! The FedEx Custom Critical fleet is made up entirely of owner operators. All routes are contiguous, making load sharing among routes efficient. You brought me great qualified prospects. ", "Just want to tell you that your web page is spectacular. Thanks again for your help! 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. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. This is an increase of 7.91%. Sign Into A full-time manager is in . Driving teams usually consist of two drivers on cross-country runs, rotating behind the wheel. I am moved and touched by honest and understanding business person like yourself. 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. Account, Already a member? Business consists of 3 routes and several employees willing to transfer if given the opportunity. ", "I am telling other distributors about your service. Route Advisors covers the United States & Canada. . Business Description. Thanks again, and call if I can ever be of any help to you. Thanks again, and call if I can ever be of any help to you. I got a better price than I was expecting. Please click the link in that message to reset The whole process just went great. The current owner estimates $579,733 per year in expenses/overhead to operate the business. Net is after expenses, including drivers, truck payments, and managers salary. Unassigned runs have a defined starting location, but do not have a regularly assigned destination. Yes, as an independent distributor you sign a service agreement to represent FedEx. If you continue to see this message, your account may be locked due to too many failed attempts. They're consisting of delivering long-distance routes and are normally operated during the night. Owner Operator Driver. But the flexibility if you want really low hours is there and they don't force you. 6 vehicles are also included. ", "I want to thank Miriam for ALL of her support and prompt attention throughout our route selling process. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. You will have the continued support, backing and branding of FedEx. Learn why FedEx Custom Critical is a great opportunity for owner operators. Owners with multiple employees will need a multiple vehicle policy and workers compensation. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. 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. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! 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.). Cardinal Logistics operates one of the largest, most diverse dedicated fleets in the US. Sign up for Route Listing Alerts in your area and be the first to know! This is a PT WEEKEND POSITION with Premium Weekend Pay. Visa Information. 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. Look forward to working with you. MUST HAVE 1 YEAR in the past 3 years of verifiable tractor-trailer experience. I'm doing my due diligence on FedEx line hauling routes. Their are certain factors of line haul that make it different from other FedEx routes. Also known as Over the Road Routes, These Runs are Currently Managed Out of Orlando, This Business can be run from Anywhere in the United States. 2023 Mr. Route Inc. All trademarks are property of their respective owners. Thanks from the bottom of my heart! One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. Please check money-back guarantee for the latest status of our money-back guarantee. 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. U-Haul Rental Center building 6,000 sf, warehouse 4,500 sf, storage building 2,500 sf, and lumber building 10,500 sf. You can think of FedEx Ground P&D routes as the box trucks you see out and about in your community. TEAM FEDEX DRIVERS - CDL A - FedEx Ground Contract*. FedEx requires a third party background check, you must have no felonies and a decent driving record. Routes are purchased through the independent contractor and contracted through FedEx. Estimated value is $250k. I will recommend. But they can be an incredibly profitable investment for the right contractor. He helped me find FedEx routes and was very helpful and professional through the whole process-from the beginning to close. Businesses of all types benefit from increases in efficiency as they scale. Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. within a few moments, please check your spam folder FedEx Ground Line Haul Routes for sale $650,000! Luck is when an opportunity comes along and you're prepared 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 purchase price also includes vehicle assets of $250k . Business comes with 26 owned trucks valued over 1.5 million. In contrast, the 2021 increase was just 6.44%, and the 2022 increase was 6.85%. Haul exclusively for FedEx Ground. Explore our listings to discover the variety of name brand and other opportunities Mr. Route SunStates has available. UPDATE 2016: FedEx has announced that they will convert all remaining states. If seeking financing buyer must be able to borrow against personal assets. Line haul run routes are one of the fedex routes available for sale. By clicking "Log In," I agree to LoopNet's. If you are considering starting a business, it is recommended that you seek the advice of a qualified lawyer, business broker, or professional in your area. Drivers have a small, designated coverage area and travel out of the home base daily. All agreements are made between the buyer and seller and not Routes For Sale. In fact, Ive already referred three other owners. I appreciate your support. I wanted to thank you for your service and I hope that we can work together on future deals. The 2023 FedEx rate for the minimum net charge will go from $9.36 to $10.10. Benefits: Dental insurance. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. Route Name: FedEx Line Hauls Net $320k Only $689k : Total Price: $ 689995 : Down Payment: $ 689995 : Weekly Net: $ 6147 . Seller will not entertain SBA loans. The number of employees for each route can vary depending on the work. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Recent comparable sales with managers in place use a 3-4 multiple. Seasoned drivers in place making this a turn-key operation for. All routes are contiguous, making load sharing among routes efficient. Income documentation will be provided to all serious buyers. You are awesome. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. ", "The sales agent was very knowledgeable on all questions asked by myself and the buyer. Linehaul drivers must hold a valid CDL license and must meet specific driver experience requirements. ", "Thank you so much. Route owners hours will be based on what is required to oversee the operation. When Im ready sell my current business, youre my first call. Route Advisors is apartner you can count on when it comes to FedEx and Amazon routes, since 2014. I told them not to be surprised if you sell their route within the first week. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. Line haul run routes are one of the FedEx routes available for sale. Thanks!! Contact Us About This Route Here! Includes 5 Dedicated and 1 Unassigned run. Never miss a route for sale in your area, We have decades of combined experience in logistics operations and e-commerce investments. Register, Register New All Solo Runs in NJ,NY,PA for sale. Password. ", "There is no better way to purchase a route than using Routes For Sale. I would highly recommend Route Advisors. View The Video Here. The contract is to protect both the company and its distributors. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. If you need help forming this, we recommend that you Form A Corporation Here. ", "Thanks again for the quick detailed reply, the only words I can use to describe what you do is that you are very generous! Further, drivers prefer the consistency of dedicated runsthey know when theyll be leaving, where theyll be going, and when theyll be home. You assured me you could handle the sale confidentially and you kept your word. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. Step 4: Evaluate FedEx route listings. If you forgot your password, click to reset it. The drivers have the freedom to choose working hours of their own when the traffic is low. Powered By 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. We drive day cab and sleeper linehauls with dedicated routes servicing local FedEx stations and get back to our families safely each day. 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. It is our recommendation that you hire or train someone for additional time needed off. Posted by belacile. Learn More About FedEx Routes Here! 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. Includes 5 Dedicated and 1 Unassigned run. for it. FedEx Ground line haul routes, nets $133k per year! Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. FedEx Line Haul (2 Dedicated) Price: $999,000; Down Payment: $999,000; Weekly Net: $9,000; Location: Harrisburg; Route Description: 2 FedEx Line Haul Team Run routes, both dedicated, domiciled in the Harrisburg, PA area. There are two sides to the P&D coin: home delivery routes and ground routes. place. Account, Don't have an account? 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 . ", "I have read several good reviews on your professionalism with buying/selling routes around the U.S. so I thought I would contact you. They're basically consisting of delivering long distance routes and are normally operated during the night. Talking about the revenue and profit margins, FedEx takes a lead. Some contractors say linehaul runs are 90% boredom and 10% terror. Routes For Sale knowledge of the industry can't be beat!! However, if you need money, you can review additional Financing Options Here. FedEx requires a third-party background check; you must have no felonies and a decent driving record. Seller owns multiple routes and is downsizing. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. Searching to buy FedEx routes? Thanks!! ", "Thanks so much for your effort to sell my business. They've offered me a gig making $1275 a week working 38 hours a week with a contractor. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. ", "Thank you so much for you for finding me the perfect buyer! FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! 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). Route Driver. P&D operations deliver to local homes and businesses in a designated territory. Linehaul contracts operate based on miles. I appreciate your support. 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. Here are a few of our newest listings. 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. I couldn't recommend him more highly. complete support and assistance. Plus, these trucks are expensive to buy and expensive to repair. Business has shown consistent growth and is over 5 million in revenue. ", "I wanted to write you an email and touch base with you. ", "Thank you. Linehaul runs feature: Long-distance transport, ranging from several hundred to several thousand miles. ", "Thank you. Solo drivers cover shorter distances between each point and, typically, the driver returns to home base at the end of each shift. 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. In a seller financing arrangement, the seller agrees to finance . About; Blog Posts; 855-ROUTE-55; . We apologize, but the feature you are trying to access is currently unavailable. If you do not receive the password reset message The transition went very smoothly, and I was able to save my employees from the fear and speculation that comes with change. "Very pleased with everything. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! Many FedEx Ground route business expenses benefit from scale such as advertising, insurance, equipment rentals, uniforms and laundry, legal, office supplies, and maintenance. 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. Runs are long-distance, ranging from several hundred to several thousand miles. She helped me get so much more out of my business than I ever dreamed of. Drivers work 5 days a week Tuesday through Saturday with Sunday and Monday off. For additional Consulting Services with one of our FedEx route specialistsRequest A Consultation Here! All Solo Runs in NJ,NY,PA for sale. Your sight really helped me out of a tight spot thank you. All of that being said, the revenue is also bigger. I told him it's a guaranteed sale. For a video presentation of this listing GO HERE. ", "I am so pleased at the way things turned out. In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Skip to main content LinkedIn ", "Selling my business was a very big decision. Currently grossing $1,237,000 per year and nets $306,526 as an owner/manager of the business. 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. We have clients doing business all over the world. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! All Solo Runs in NJ,NY,PA for sale. . Drive well kept equipment with safety technology. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. Approx: 4:30 PM Dispatch from FedEx Station in Moses Lake . I had been trying to sell this route for almost 2 years before listing with you. Yes, as an independent distributor you sign a service agreement to represent FedEx. (2) 2015 Freightliner Cascadia. YITO, No Our real-world contracting team can help you learn how to run your operations. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. FedEx Ground Routes For Sale: Well-established and highly profitable FedEx Ground routes. Without a doubt, her experience facilitating the sale of courier routes was an asset and greatly contributed to our success. It is important to contact your local state office to determine which licenses are required for anyspecific businesses. FedEx Ground or Amazon. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. Please call for more details. The contract is to protect both the company and its distributors. The laws and regulations regarding business licenses may vary from state to state and are subject to change. 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. You brought me great qualified prospects. The location of the terminal will be disclosed upon execution of an NDA. Thanks again. Extra hours are available if desired. 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 . Requirements for a line haul run buyer include them having a CDL license. Its critical that new contractors budget for either long-term leases or the purchase of new trucks and significant repairs to existing semi-trucks. I told them not to be surprised if you sell their route within the first week. ", "Thank you so much for you for finding me the perfect buyer! I could not have asked for a better person to guide me through the process. ", Oscar, Seller of a Mission Tortilla Route. View The Video Here. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. Currently grossing $2,215,135 per year and nets $232,925 as an owner of the business.
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