FEDEX Routes with new Electric Contract
FEDEX Routes with new Electric Contract
Price: $1,050,000
Location: Greater San Francisco Bay Are
Listing ID: SV00187
DESCRIPTION
This FEDEX delivery business comes with 7 routes and 9 Trucks along with a new electric contract that offers moving incentives and improved rates that can potentially increase cashflow combined with significant costs savings with new investment electrical vehicles.
The business primarily has residential routes that makes it easier to manage delivery, hiring and training. Typically, the packages are delivered from a FEDEX terminal to residents and businesses within these zip codes. All trucks are parked in a terminal with free rent so this business can be easily run from home office. The major expenses associated with this business are driver payroll, fuel, workers compensation, repairs, and maintenance.
Digital eCommerce growth accelerates the growth of the FEDEX P&D routes as the retailers and eCommerce businesses want to deliver more products to customers faster. FEDEX Routes have recently stabilized in volume since the pandemic high growth. It’s expected to grow organically in the next few years as the market stabilizes from the pandemic disruptions.
LISTING DETAILS
Total Sales: $1,203,000
Cash Flow: Refer to Transaction Advisor
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