Typically, a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Essential Functions Routes to Success. From listing to close, she completed my sale in about two months. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. 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. Currently based in the Greater Dallas, Texas region. ", "Thank you for your help selling my route. As an independent contractor you are paid by mileage. Please try again. 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. Subscribe Today! Full-time + 1. Learn how to ship via FedEx Express, download job aids and forms, and get the latest updates. ", "Thank you for the excellent job that you did to assist me in selling my FedEx routes. We have decades of combined experience in logistics operations and e-commerce investments. Yes! Route Advisors is not endorsed by and is not recommended by Federal Express Corporation, FedEx Ground or Amazon. We started working with Route Advisors after listing unsuccessfully with another broker. 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. Extra hours are available if desired. 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. UPDATE 2016: FedEx has announced that they will convert all remaining states. New Jersey. The current owner has owned the routes for 3 years. Copyright 2018. Currently grossing $1,237,000 per year and nets $306,526 as an owner/manager of the business. All Solo Runs in NJ,NY,PA for sale. The contract is to protect both the company and its distributors. Your knowledge of the local market and key contacts in the community helped me in my search for the right business to purchase. Route runs 6 days per week, with room to run a 7th day. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route-based businesses for several reasons. Seasoned drivers in place making this a turn-key operation for. Recent comparable sales with managers in place use a 3-4 multiple. YITO, No Priced to sell at $650,000! Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. Very Unique Opportunity we are listing as a result of an owner retiring after 10+ years in the business. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. We do more than connect buyers and sellers. for it. That email address has already been registered. 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. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. as a Buyer, Register as a However if you need money, you can review additional Financing Options Here. You have been a most valuable asset during these negotiations. If I find myself with the need to sell anymore routes, you will be my first call. I really appreciate how she redacted my personal information before sending it out to buyers and kept it confidential until the day of transfer. While P&D operates exclusively during the day, linehaul often operates at night. Business has shown consistent growth and is over 5 million in revenue. He helped me find FedEx routes and was very helpful and professional through the whole process-from the beginning to close. Estimated value is $250k. These Runs are Currently Managed Out of Orlando. ", Oscar, Seller of a Mission Tortilla Route. I was concerned that it wouldnt be possible to sell our routes without our employees or other contractors in my station learning about it. Talking about the revenue and profit margins, FedEx takes a lead. Business Description. For friendly service, excellent advice and routes available as early as next day, call any time to talk to the best professionals in the business for Business has seen double digit organic growth since inception. I will recommend. All agreements are made between the buyer and seller and not Routes For Sale. FedEx Line Haul - 3 Routes Salary: $0.80 per mile. 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. Team Drivers are encouraged to apply with many routes starting to open that will be available for teams. I will continue doing business with him and highly . I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. About; Blog Posts; 855-ROUTE-55; Contact; Menu. Remember passwords are case sensitive. This business is underpriced! The purchase price also includes vehicle assets of $250k all vehicles will be transferred free and clear. ", "Thanks for all your help throughout this sometimes troublesome transaction. Further, drivers prefer the consistency of dedicated runsthey know when theyll be leaving, where theyll be going, and when theyll be home. No financing available. And I will refer to everyone I know if they are looking to sell their route. Step 2: Understand FedEx ISP requirements. The vehicles used in the line haul run are mostly 18-wheelers. Urgently hiring. Owners with multiple employees will need a multiple vehicle policy and workers compensation. Turnkey with full time manager in place! I also commend her for her dedication and positive attitude as she walked me through the process. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. This business is turnkey! Thanks again, and call if I can ever be of any help to you. Industry InsightsE-CoursesWeekly Webinars, Privacy PolicyDo Not Sell My InfoTerms Of Use, 5511 Virginia Way, Suite 400, Brentwood, TN, 37027, United States. I will definitely tell others about your service. There are 7 employees in place that are willing to transfer with the business. Thanks!! Routes are purchased through independent distributor and contracted through FedEx. your password. 2023 FedEx Ground and Home Delivery rates based on weight. Visa Information. Linehaul drivers must hold a valid CDL license and must meet specific driver experience requirements. 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. someone that only has $10k vs a million), or they could be much worse overall, but we . Plus, we offer dangerous goods training. ", "Thanks for all your hard work and dedication getting my deal closed! Learn more about EB-5 visa and how it provides a method of obtaining a . These 18-wheelers are expensive to buy and expensive to repair. complete support and assistance. Throughout the process, I was able to continue with day-to-day operations even driving my own FedEx route five days a week -- with no disruptions. ", "Thank you so much for you for finding me the perfect buyer! 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. Contact. Line haul routes to a complete a detailed approval process. LoopNet disclaims any and all representations, warranties, or guarantees of any kind. Yes, as an independent distributor you sign a service agreement to represent FedEx. There are important and significant differences between FedEx Ground P&D routes and FedEx Ground linehaul runs. If you continue to see this message, your account may be locked due to too many failed attempts. If you do not see the email in a few minutes, check your junk mail folder As an independent distributor/business owner you are responsible for servicing the route. I feel fortunate to have found your business to help me sell my route. Line-Haul Driver (Current Employee) - Austell, GA - November 15, 2019. . We offer a level of personalized attention that larger organizations simply cant match. With the same gross revenue, you can expect to make a profit of $600,000 to $675,000 per year if you own a FedEx Linehaul route with team runs. And I will refer to everyone I know if they are looking to sell their route. Unlike P&D routes, however, drivers operate semi-trucks with larger packages. We have P&D ground and line haul routes for sale. 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. 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 want to thank you for your input on my personal situation today. ", "Thank you very much. ", "Thanks again for the quick detailed reply, the only words I can use to describe what you do is that you are very generous! $90,000 - $125,000 a year. Understand FedEx eligibility requirements (we have a chart that lays it out) Step 3: Find available FedEx routes. Explore our listings to discover the variety of name brand and other opportunities Mr. Route SunStates has available. Route Advisors is not endorsed by and is not recommended by Federal Express Corporation, FedEx Ground or Amazon. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. There are certain factors of line haul that make it different from other FedEx routes. I have to thank you for executing the sale of my FedEx routes. Yes! You are awesome. So if you enjoy long drives during the night, a line haul run is the best option for you. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. . I am happy with the outcome. Amazon routes may be the opportunity of a lifetime, they may even be better than FedEx routes for the right person (eg. Solo drivers cover shorter distances between each point and, typically, the driver returns to home base at the end of each shift. So if you enjoy long drives during the night, line haul run is the bets option for . 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. Really stands out. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Contact Route Advisors for a free consultation. $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA . FedEx Line Haul Routes, Chattanooga, TN Includes 5 Dedicated and 1 Unassigned run! Thanks from the bottom of my heart! FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! Here are a few of our newest listings. Account, Already a member? Routes For Sale now offers discounts on insurance! Send a package downtown or a pallet across the border. I had been trying to sell this route for almost 2 years before listing with you. You are awesome. Route Advisors was founded in 2014. Here is a PDF with all FedEx standard list rates for 2023. Each party negotiates its own terms and compensation. Route values can be increased by new account openings, and additional growth in the area. 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 . 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. Would most definitely refer people to him. Contact Us About This Route Here! 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. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. place. Rather, its a great way to learn the ins and outs of a FedEx Ground business with lower risk. Our team answers your questions weekly on our free webinar. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. These drivers may be away from the home base for days at a time, but are guaranteed to be back at the end of the week. Owners do not need to meet this requirement if they dont intend to drive. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. Contact Us About This Route Here! As a former FedEx contractor herself, Miriam is knowledgeable about FedEx and coordinates with the buyer to walk them through the entire process. If seeking financing, buyer must be able to borrow against personal assets. ", "Thank you. Linehaul contracts operate based on miles. Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. They're consisting of delivering long-distance routes and are normally operated during the night. Has 4 weeks training and no . I will also recommend you to anyone seeking similar services. Salary. Asking price is under a 3X of NET and ALSO includes 1.5 million in assets IN ADDITION. We apologize, but the feature you are trying to access is currently unavailable. View The Video Here. She answered my . The FedEx Custom Critical fleet is made up entirely of owner operators. 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 told him it's a guaranteed sale. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" 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. Their well known brand of shipping and delivery services are very popular with businesses and consumers alike which will continue to add value to this business. The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". You will have the continued support, backing and branding of FedEx. My buyer, said "Too bad I didn't know you had a route for sale and you could have saved the commission." We are aware of this issue and our team is working hard to resolve the matter. Route Advisors is an expert and specializes in selling or buying FedEx ground routes in the US & Canada. If you own your vehicle, or have plans to purchase one, read on to learn about your opportunity as an independent contractor. The risks of linehaul runs relate to the size of everything. Thanks again. Net over $2,700 a week after all expenses including a F/T manager and drivers..Gross annual sales over $550,000..These FedEx Home and Ground Routes for sale turn out of Sanford Florida and deliver to Ormond Beach and Daytona Beach Florida..The routes include five trucks that will have clear titles at closing and the routes meet all ISP requirements.Total Price $600k.The seller is selling a portion of there business therefore 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. 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%. After patiently going through listings and explaining details with me, you made sure I got the best value for my needs. This is an increase of 7.91%. The whole process has been nothing else but perfect. Plus, these trucks are expensive to buy and expensive to repair. About; Blog Posts; 855-ROUTE-55; Contact; . 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. 2023 Routes For Sale. Contact us anytime at any of the phone numbers or addresses listed below. Home Based. Medical, Dental, & Vision Insurance License: CDL Class A (Doubles/Triple Endorsed) Job Type: Full-time. Additionally, linehaul runs are a great way to scale an existing business. Transfer with the buyer to walk them through the process different from FedEx! Be possible to sell at $ 650,000 team is working hard to resolve the matter someone that has... 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