FedEx routes, Georgetown, KY Nets $299k per year!

Lexington, KY
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Asking Price:$1,150,000
Gross Revenue:$1,370,680
Established Year:2014
Cash Flow:$299,899
FF&E:$269,000
BUSINESS DESCRIPTION

SBA financing available!

Terminal Location: Georgetown, KY

Average daily routes: 7-8 routes per day.

Number of employees: 1 FT manager, 10 drivers.

Route Features: Manager oversees the day-to-day operations, medal status silver.

Company Gross: $1,370,680

Company Net: $299,899

Fleet value: $269,000 Free and clear at closing.

The asking price is $1,150,000

Principals only.  SBA eligible with approved credit.


DETAILED INFORMATION
Location
Lexington, KY
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.
Support & Training
A training period will be provided.
Reason for Selling
Seller relocated
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
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Adam
Armstrong
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Adam Armstrong