18 FedEx Ground Routes, West Coast Florida
Asking Price: | $1,375,000 |
Gross Revenue: | $2,212,093 |
FF&E: | $850,000 |
Cash Flow: | $358,141 |
Inventory: | $37,800 |
Established Year: | 2006 |
Well established and highly profitable FedEx Ground Route based out of Saint Petersburg, Florida. The delivery area is 65% Home Delivery and 35% Commercial Delivery. Dense routes share 5 zip codes (4 full, 1 shared) which provide relief from capital expenditures. Each run comes with (1) truck and (1) experienced driver already in place. Two tenured (BCs) managers to handle the daily operational tasks of the business.
Turnkey and a great opportunity for existing contractor. Owner has two CSA from two different terminals so CSAs are combined financials, includes maintenance records for vehicles. This business is already generating very good cash flow. Owner has another CSA in this terminal and wants to downsize.
All buyers will need to provide proof-of-funds (personal financial statements and bank letter) to verify financial qualification, along with a NDA. Qualified buyers should have a good knowledge of the FedEx ISP model, as FedEx requires buyers to be or to become approved based on experience, commitment to safety, service, and capital support.
Pinnacle Partner Services can help you with your financial institution approval process and FedEx Ground approval process for local and corporate levels.
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Five Star Painting
Available Nationwide
FranchiseCash Required: $50,000