P&D Listing

truckroute

Title Goes Here

Asking Price

$50,000

Cash Flow

$50,000

Gross Revenue

2018 Gross revenue: $1,933,717.00

2017 Gross revenue: $1,444,779.00

EBITDA: N/A

FF&E: $1,200,000

Inventory: N/A

Established: 2010

Business Description

Turnkey large FedEx operation!

Absentee owner business! This opportunity consists of 2 managers that oversee the day to day operations and a staff of seasoned drivers. The routes serve the greater Jacksonville, FL area and are within a short driving distance of the hub.

The business nets $409,000.00 after all expenses are paid for. Over 25 trucks would come free and clear at closing worth $1,120,000.00 SBA approved with only $560k down!

Detailed Information

Location: Jacksonville, FLEmployees:25Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: The trucks have assigned parking spots inside the FedEx hub when they are not in use. Package Handlers load and unload the trucks when they return at night and load them early in the morning prior to dispatch. The Contractor works out of a home office during the day where they monitor their driver's progress at various points throughout the day to ensure all packages are going to be delivered and picked up on time. On average, the Contractor can spend 1-3 hours per day at the terminal during dispatch hours. Some Contractors only go in once a week. (Home Based) Competition:3 main competitors: 1-USPS 2-UPS 3-Amazon There is so much freight to be moved this list one day will be longer. But for right now these are the big three "competitors." FedEx moves a lot of packages for the post office, and the Amazon volume is less than 2% of the overall volume at FedEx

 Ground. Growth & Expansion: FedEx Ground recently announced they will be adding 2 million pieces of smart post deliveries to the next work, with 20% of that already rolled out. They also expect E-commerce shipping to double from 50 million parcels per day to 100 million in the next 10 years. This will provide Contractors ample opportunity to grow their businesses.

Support & Training: A training period will have to be negotiated.

Reason for Selling: Retiring.

Home-Based: This business is Home-Based