FedEx routes Fayetteville, NC nets $294k per year!

Fayetteville, NC
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Asking Price:$1,100,000
Gross Revenue:$1,726,094
Established Year:2022
Cash Flow:$294,989
FF&E:$439,500
BUSINESS DESCRIPTION

SBA options available!

Terminal Location: Fayetteville, NC

Average daily routes: 13-14 routes per day on average.  Sought after routes that are close to the terminal.

Number of employees: 2 FT manager, 20 FT drivers, 8 PT drivers.

Route Features: Manager oversees the day-to-day operations.

Company Gross: $1,726,094

Company Net: $294,989

Fleet value: $439,500 Free and clear at closing.

The asking price is $1,100,000

Principals only.  SBA eligible with approved credit.


DETAILED INFORMATION
Location
Fayetteville, NC
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The contractor works from their home office. Trucks are stored inside the facility overnight.
Competition
Three 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.
Growth & Expansion
As of June 1, 2024 FedEx Ground has begun the merge with FedEx Express. This consolidation will fuel higher-than-normal growth rates over the next 12 months with Contractors carrying express packages.
Financing
N/A
Support & Training
A training period will be provided by the Seller.
Reason for Selling
Partnership split
Home-Based
This business is Home-Based
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Adam
Armstrong
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Adam Armstrong