16 FedEx Ground Routes, Palmetto, FL
| Asking Price: | $1,275,000 |
| Gross Revenue: | $2,023,441 |
| FF&E: | $682,000 |
| Cash Flow: | $311,289 |
| Inventory: | $35,150 |
| Established Year: | 2020 |
Well established and highly profitable FedEx Ground Route based out of Palmetto, Florida. The delivery area is 70% Home Delivery and 30% Commercial Delivery. Dense routes share 4 zip codes to provide relief from capital expenditures. Each run comes with (1) truck and (1) experienced driver already in place. Two full time managers to handle the daily operational tasks of the business.
Turnkey and a great opportunity for semi-absentee ownership. Clean books and financials, including maintenance records for vehicles. This business is already generating cash flow from day one. Owner is getting out of the business after 18 years.
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.
