18 FedEx Linehaul Routes for Sale- MD/NJ and PA!
Hagerstown, MD
Sale Pending
| Asking Price: | $8,290,000 |
| Gross Revenue: | $8,358,523 |
| FF&E: | $2,400,000 |
| Cash Flow: | $2,275,061 |
| EBITDA: | $1,880,061 |
| Established Year: | 2021 |
Listing ID: 2257018Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established 3-year FedEx Ground Linehaul Operation for sale with excellent service and safety records! Current owner has grown the business and are looking to go into a different line of business.
This sale includes the following Run Composition:
18 Total Linehaul Runs
4 Solo Assigned Linehaul Runs
5 Spot Runs
1 Team Temp Assigned Run out of Lehigh, PA
6 Solo Unassigned Linehaul Runs
2 Team Unassigned Runs out of Metuchen, NJ
Full Time Manger in place with over ten + years of service.
DETAILED INFORMATION
Location
Hagerstown, MD
Inventory
Included in asking price
Employees
42
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
24 Tractors will come with Sale. The financed tractors will be paid off and the 6 leased trucks will be assumed ($668,000). Routes only require 22 trucks to operate at the moment, the two extra trucks can just be on standby. (Home Based)
Competition
FedEx continues to grow year over year and FXG should see an increase while they absorb FedEx Express.
Growth & Expansion
FedEx One will provide double-digit growth opportunities for TSPs
Financing
To be discussed further with any potential buyers.
Support & Training
The owner is willing to stay on and support for 90 days.
Reason for Selling
Retiring and going into a different industry.
Home-Based
This business is Home-Based
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