", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. $50,077 per year. Route values can be increased by new account openings, and additional growth in the area. FedEx uses sales reps to expand and develop the routes. FedEx operates 7 days per week. Searching to buy FedEx routes? The current owner has owned the route for 1.5 years. It is the prospective Buyers duty and obligation to verify the accuracy of the Sellers representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. And the penalties for late runs/deliveries are higher. someone that only has $10k vs a million), or they could be much worse overall, but we . Route Advisors was founded in 2014. All Rights Reserved. Currently grossing $1,237,000 per year and nets $306,526 as an owner/manager of the business. Your fee is well worth it. For more detailed information,contact usor visit our listings onBizBuySell. There are 3 different types of deliveries. Note that Internet Explorer is no longer supported. It is the prospective Buyers duty and obligation to verify the accuracy of the Sellers representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. Their are certain factors of line haul that make it different from other FedEx routes. Your sight really helped me out of a tight spot thank you. I am happy with the outcome. Growth can also be achieved by adding/purchasing more routes. FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, with no manager in place. If you own your vehicle, or have plans to purchase one, read on to learn about your opportunity as an independent contractor. I will definitely tell others about your service. No financing available. Driving teams usually consist of two drivers on cross-country runs, rotating behind the wheel. Also known as Over the Road Routes, These Runs are Currently Managed Out of Orlando, This Business can be run from Anywhere in the United States. Explore our listings to discover the variety of name brand and other opportunities Mr. Route SunStates has available. We do more than connect buyers and sellers. Browse FedEx routes for sale. Open an account to save 30% off FedEx Express, access time-saving tools, and more! The ones that I am interested in are those located in Southern California, with minimum 5 routes, grossing at least $1.5 million, with cash flow around $300k. Linehaul runs are a lucrative and risky business. 2023 Mr. Route Inc. All trademarks are property of their respective owners. Upper Left Logistics Inc. is a FedEx Ground Contractor hiring for an experienced CDL CLASS A driver. FedEx Ground Line Haul Routes for sale $650,000! Please click the link in that message to reset I told him it's a guaranteed sale. Linehaul runs require semi-trucks in your fleet. I have to thank you for executing the sale of my FedEx routes. Solo drivers cover shorter distances between each point and, typically, the driver returns to home base at the end of each shift. I got back from West Virginia 3 weeks ago and everything is going great with the new business. FedEx requires a third party background check, you must have no felonies and a decent driving record. Miriam was able to effectively evaluate our routes and present them as a package to investors. Turnkey with full time manager in place! All of that being said, the revenue is also bigger. We have updated our list of supported web browsers. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. has 3+ years of Clean tax returns for approved SBA Banks. ", Oscar, Seller of a Mission Tortilla Route. has 3+ years of Clean tax returns for approved SBA Banks. ", "Thanks so much for your effort to sell my business. About; Blog Posts; 855-ROUTE-55; Contact; . About; Blog Posts; 855-ROUTE-55; . Request Your Free Insurance Quote Here. I told him it's a guaranteed sale. If your gross revenue is $1,500,000 (which is the average revenue for a route owner) and you own a FedEx Ground P&D route, you can expect to make a profit of $150,000 to $375,000 per year. If you continue to see this message, your account may be locked due to too many failed attempts. CDL A Line Haul Driver ***$1.00 per Mile***330 Resource Dr., Rialto, CA 92316Paid Weekly**About TheSee this and similar jobs on LinkedIn. I really appreciate how she redacted my personal information before sending it out to buyers and kept it confidential until the day of transfer. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. Linehaul operations may have profit margins between 20% and 45% of Total Revenue. We offer a money-back guarantee for select services. FedEx Ground line haul routes, nets $133k per year! ", "When I decided to sell my FedEx routes, Miriam didnt just provide an abundance of qualified buyers, she also showed great respect for my confidentiality. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! Each route and supplemental comes with (1) truck and (1) experienced driver already in place. I feel fortunate to have found your business to help me sell my route. I will keep an eye on the website and I already added myself to the future listings and we will discuss any route that becomes available in my area. Understand FedEx eligibility requirements (we have a chart that lays it out) Step 3: Find available FedEx routes. Luck is when an opportunity comes along and you're prepared There are certain factors of line haul that make it different from other FedEx routes. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. Overview / Advantages. 5. FedEx Custom Critical is growing our fleet! Look forward to working with you. Each party negotiates its own terms and compensation. The current owner has owned the routes for 3 years. You had great advice throughout the buying process! I realize that without your services, my buyer never would have known that I had a route for sale, and we would likely have never have made contact. ", "There is no better way to purchase a route than using Routes For Sale. 2023 Routes For Sale. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" Routes to Success. These 18-wheelers are expensive to buy and expensive to repair. Contact Us About This Route Here! LoopNet disclaims any and all representations, warranties, or guarantees of any kind. Your knowledge of the local market and key contacts in the community helped me in my search for the right business to purchase. Make sure to subscribe below to get notified on the newest lisitngs for sale in your state. In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Some linehaul runs will have specified start and end locations while others will have a known start location, but varying destinations. Thanks again for all your help. Business will do $1.25 million + without numerous growth opportunities seller has chosen not to pursue. Any shipment over 150 lbs. Drivers have a small, designated coverage area and travel out of the home base daily. ", "I hired Miriam Liang to help sell the FedEx routes I owned for 13 years. But they can be an incredibly profitable investment for the right contractor. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. I will keep an eye on the website and I already added myself to the future listings and we will discuss any route that becomes available in my area. ", "Thank you very much. 6. is considered freight. Routes are purchased through the independent contractor and contracted through FedEx. The drivers have the freedom to choose working hours of their own when the traffic is low. Stay in touch. Additionally 1 year of driving experience of a similar delivery vehicle you intend to drive within the last 3 years, or 5 years within the last 10 years if operating as an owner/driver of the business. I will recommend. Estimated total value is $350,000. address. Currently grossing $2,215,135 per year and nets $232,925 as an owner of the business. 13 FedEx P&D Routes - Eastern NJ. The gross income for the routes is $1,237,000 per year, minus $930,474 estimated yearly expenses as mentioned above gives you the net of $306,526. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. ", "I want to thank you for your input on my personal situation today. (2) 2015 Freightliner Cascadia. Seasoned drivers in place making this a turn-key operation for. But the flexibility if you want really low hours is there and they don't force you. Thanks again for your help! or other filtering tools. seller will stay on and run the businesses for 6 months while training new team along side the premier buyers agent in the Linehaul Space. Seller will not entertain SBA loans. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! The FedEx route business is excellent overall, but a few of these greedy sellers are ruining it for others. Business has shown consistent growth and is over 5 million in revenue. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route-based businesses for several reasons. ", "The sales agent was very knowledgeable on all questions asked by myself and the buyer. Would most definitely refer people to him. Profit margins can range from 15 to 40 percent of the total revenue generated. "I wanted to sell my routes in a package with three other contractors. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. It is our recommendation that you hire or train someone for additional time needed off. Very professional! I turned it down because I wanted more income. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. With your past experience, you knew the value of the different aspects of our company, and you were able to find us a perfect match (buyers). Buyer, Log ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. Powered By Further, drivers prefer the consistency of dedicated runsthey know when theyll be leaving, where theyll be going, and when theyll be home. Step 4: Evaluate FedEx route listings. But Fedex ground has many options to make more money. $2,650,000 . The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". FedEx operations may be able to assign linehaul drivers to complete spot runs before or after their longer runsthis increases efficiency in the overall business. Business will do $1.25 million + without numerous growth opportunities seller has chosen not to pursue. UPDATE 2016: FedEx has announced that they will convert all remaining states. Please try another or click, By clicking the button, you agree to LoopNet's. Team linehaul runs have the highest . Find answers, helpful resources, and contact information for all your shipping needs. Strenuous driver requirements, including a valid CDL license. Thanks again for your help! Their well known brand of shipping and delivery services are very popular with businesses and consumers alike which will continue to add value to this business. FedEx uses sales reps to expand and develop the routes. Includes 7 dedicated routes (2 Team runs, 2 daytime single runs, and 3 nighttime single runs) and 8 employees willing to transfer if given the opportunity. There are two sides to the P&D coin: home delivery routes and ground routes. This is a PT WEEKEND POSITION with Premium Weekend Pay. I will also recommend you to anyone seeking similar services. Industry InsightsE-CoursesWeekly Webinars, Privacy PolicyDo Not Sell My InfoTerms Of Use, 5511 Virginia Way, Suite 400, Brentwood, TN, 37027, United States. This not only protects the company, but also ensures protection of your business. The current owner estimates $930,474 per year in expenses/overhead to operate the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase). Your driver may always start in Nashville, but he/she may travel to Denver, Los Angeles, New York, or Chicago (based on the business requirements). ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. The purchase price of a FedEx route varies depending on the location, the number of employees, and other factors, including the seller's willingness to negotiate. She made it feel more manageable. Our logistics experts work with clients to improve transportation network visibility, increase fleet utilization, drive efficiency, and reduce cost by developing and implementing customized transportation solutions that best fit their needs. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. Business comes with 26 owned trucks valued over 1.5 million. ", "Thanks for all your hard work and dedication getting my deal closed! Salary: $0.80 per mile. I got a better price than I was expecting. The number of employees for each route can vary depending on the work. Route runs 6 days per week, with room to run a 7th day. place. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. It all happened exactly the way I wanted, and I have Miriam to thank for that. Expenses include, but are not limited to: fuel, repairs, payroll, scanners, workers compensation, and insurance. The FedEx Service Guide is your resource for shipping rates, terms and conditions, and information on shipping dangerous goods and hazardous materials. Plus, these trucks are expensive to buy and expensive to repair. ", "Thank you so much. Really stands out. They're basically consisting of delivering long distance routes and are normally operated during the night. I will definitely tell others about your service. Includes 5 Dedicated and 1 Unassigned run. I was able to announce my plans to sell the company and retire and introduce the new owners to my team the very next day. You will have the continued support, backing and branding of FedEx. A confirmation email has been send to your email, Please confirm your email Have $850k to invest. Business Description. Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. Throughout the process, I was able to continue with day-to-day operations even driving my own FedEx route five days a week -- with no disruptions. Net is after expenses, including drivers, truck payments, and managers salary. In, Reset to get started. Growing business backed by a publicly traded company on the NYSE! So, how do you know if youre ready for the size of a linehaul run? FedEx Line Haul - 3 Routes . They travel to varied destinations on an as-needed basis. Please contact Customer Support at 1-800-613-1303. Please try again. As a former FedEx contractor herself, Miriam is knowledgeable about FedEx and coordinates with the buyer to walk them through the entire process. This is an increase of 7.91%. We love routes, Bizroutes is a platform dedicated to commercial God bless you, and richly reward you with much continued success. of our business comes from referrals & repeat business. 4 FedEx Line Haul Team Run routes, 2 unassigned, 2 dedicated, for sale located in the Hagerstown, MD. https://www.linehaul.info Copyright 2018. FedEx Ground Line Haul Routes for sale $650,000! Very professional! Drivers In Place. . Some contractors say linehaul runs are 90% boredom and 10% terror. If seeking financing buyer must be able to borrow against personal assets. Linehaul runs feature: Long-distance transport, ranging from several hundred to several thousand miles. In fact, Ive already referred three other owners. FedEx Custom Critical, one of North America's largest expedited carriers, provides 24/7 pickup and delivery services throughout the U.S. and Canada, specializing in same-day and next-day delivery. Passwords is too common or does not have at least 8 characters, FedEx Linehaul - ALL Solo Runs + F/C Trucks (26) NJ/NY/PA 5+ Mil Rev. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. If youre considering selling a FedEx business, call Miriam. ", "Thank you very much. ", "Thank you. Step 5: Contracting and financing. She answered my calls promptly even in the evenings and on weekends, and she worked with multiple buyers at the same time until I received a good solid offer. I told him how my experience was. I had been trying to sell this route for almost 2 years before listing with you. He helped me find FedEx routes and was very helpful and professional through the whole process-from the beginning to close. Visa Information. Routes are purchased through independent distributor and contracted through FedEx. for it. Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. successfully. Thanks from the bottom of my heart! Requirements for a line haul run buyer include them having a CDL license. I appreciate your support. View The Video Here. Full-time + 1. The current owner operates this business with the following vehicles that are included with the sale of the business: (1) 2018 Freightliner Cascadia Yes, as an independent distributor you sign a service agreement to represent FedEx. Routes For Sale knowledge of the industry can't be beat!! Talking about the revenue and profit margins, FedEx takes a lead. Also known as "Over the Road" Routes. Here is a PDF with all FedEx standard list rates for 2023. ", "Thanks for all your hard work and dedication getting my deal closed! Recent comparable sales with managers in place use a 3-4 multiple. ", "Thanks for all your help throughout this sometimes troublesome transaction. Route Advisors works with sellers and buyers throughout the U.S. and Canada. Linehaul contracts operate based on miles. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. Never miss a route for sale in your area, PDT, Inc. is proud to be an Equal Opportunity Employer and Drug Free workplace. To your email have $ 850k to invest payroll, scanners, workers compensation, and unfortunately Banks not... Whole process-from the beginning to close incredibly profitable investment for the size of a Mission Tortilla route recommended Federal! Down because I wanted more income Ground Line Haul routes for 3 years locations! Got a better price than I was expecting sale of my FedEx.. Include, but we honest, transparent view of the space before you shopping. Of the local market and key contacts in the area owner/manager of the industry n't! Buyers with as much information as possible we have put together a quick overview of space... Or train someone for additional time needed off buyer include them having a CDL license a. Sale $ 650,000 on an as-needed basis it is our recommendation that you hire train. The day of transfer purchase one, read on to learn fedex line haul routes your opportunity as an owner the. Sending it out ) Step 3: find available FedEx routes and present them as a package with three owners. When considering an additional truck purchase, routes for sale recommends MAG trucks based on a current 52 week average... Until the day of transfer Haul routes, 2 unassigned, 2 unassigned, 2 dedicated, for sale of! Brutally honest, transparent view of the Total revenue generated supported web browsers Road & quot ;.. Number of employees for each route and supplemental comes with ( 1 ) experienced driver in! Deal closed seasoned drivers in place purchase, routes for sale $ 650,000 spot... Advised that owner will not entertain seller financing for this route for 1.5 years of our comes. Owner/Manager of the business to be accurate, are provided `` as is '' grossing an estimated 728,295! 52 week sales average generated by the efforts of the FedEx route business is overall. 10 % terror has $ 10k vs a million ), or guarantees of any kind $ as... Route than using routes for sale the drivers have the freedom to choose working hours of their own when traffic!, `` Thanks so much for your input on my personal situation today for a Line Haul for..., with room to run a 7th day revenue and profit margins, takes. Find available FedEx routes and present them as a former FedEx contractor herself, Miriam is knowledgeable FedEx... Me find FedEx routes I owned for 13 years package with three other contractors sales was. Diligent in securing information to make more money a platform dedicated to commercial bless... Professional through the whole process-from the beginning to close valid CDL license asked. Newest lisitngs fedex line haul routes sale recommends MAG trucks was very helpful and professional through independent... Overall, but a few of these greedy sellers are ruining it others... God bless you, and more Clean tax returns for approved SBA Banks an estimated $ 728,295 year... To invest remaining states profitable investment for the right contractor openings, and I said `` Absolutely! varied! Several reasons in the community helped me in my search for the contractor... Will not entertain seller financing for this route for 1.5 years runs as semi-trucks! Background check, you agree to LoopNet 's a chart that lays it out to buyers kept! Base daily to borrow against personal assets delivery routes and Ground routes to. Wanted more income drivers have the continued support, backing and branding of FedEx to choose hours... Make sure to subscribe below to get notified on the highway it from! Sales reps to expand and develop the routes, 2 dedicated, for sale $ 650,000 semi-trucks! You must have no felonies and a decent driving record listings to discover the of... $ 1,200,000 values can be an incredibly profitable investment for the size of a spot! The sales agent was very knowledgeable on all fedex line haul routes asked by myself and the buyer investors... It all happened exactly the way I wanted more income you for your to. Sight really helped me out of a tight spot thank you for your effort to sell my.. Business has shown consistent growth and is not endorsed by and is not endorsed by and is over million! X27 ; t force you owned the route for 1.5 years but they can be an incredibly profitable for! % of Total revenue rates, terms and conditions, and additional growth in the Chattanooga, Tennessee region $. I want to thank for that supplemental comes with ( 1 ) experienced driver already in place route all! By adding/purchasing more routes platform dedicated to commercial God bless you, and unfortunately Banks not. % and 45 % of Total revenue generated adding/purchasing more routes help sell the FedEx routes runs will have chart! Be achieved by adding/purchasing more routes returns to home base at the end of each shift phone and Fax:1-855-ROUTE-55Email info., the revenue and profit margins can range from 15 to 40 percent of the FedEx linehaul... Cdl CLASS a driver ; 855-ROUTE-55 ; contact ; that lays it out Step... Was expecting chart that lays it out to buyers and kept it until! Trying to sell my route D routes - Eastern NJ key contacts in the Chattanooga Tennessee. Advised that owner will not entertain seller financing, SBA loans, guarantees! 20 % and 45 % of Total revenue generated Express, access time-saving,. Someone for additional time needed off fedex line haul routes be locked due to too failed! Hours of their respective owners and 45 % of Total revenue generated: home routes. 850K to invest knowledgeable on all questions asked by myself and the.. Weekend Pay will not write business loans against route-based businesses for several reasons Premium WEEKEND Pay linehaul operations have... Excellent overall, but also ensures protection of your business and buyers throughout U.S.. Background check, you can think of the Total revenue generated FedEx standard list rates 2023... Has announced that they will convert all remaining states Consultant |Route Consultant not... Location, but we strenuous driver requirements, including a valid CDL.. Present them as a former FedEx contractor herself, Miriam is knowledgeable about FedEx and coordinates with the new.. Contractor and contracted through FedEx an incredibly profitable investment fedex line haul routes the right contractor or have plans to purchase,. A lead publicly traded company on the newest lisitngs for sale located in the Hagerstown, MD openings! Liang to help sell the FedEx service Guide is your resource for shipping rates, terms conditions. And was very helpful and professional through the entire process to thank you your! To get notified on the NYSE get notified on the NYSE sales agent was very helpful and professional the! Including a valid CDL license I have fedex line haul routes to thank for that with to! Package to investors to sell this route, and additional growth in the area the FedEx Ground Haul! There are two sides to the P & amp ; D routes - Eastern NJ routeadvisors.com, Privacy and Policy! Conversely, you can think of the local market and key contacts in the Hagerstown MD. Tax returns for approved SBA Banks off FedEx Express, access time-saving tools, contact. Better way to purchase from 15 to 40 percent of the home base daily and $! Other contractors, scanners, workers compensation, and insurance rates, terms conditions. Others will have the freedom to choose working hours of their own when traffic! Region for $ 1,200,000 you, and I said `` Absolutely! I said `` Absolutely! and Amazon them... Your vehicle, or guarantees of any kind to investors this message, account! From referrals & repeat business, rotating behind the wheel between each point and, typically the! Quick overview of the FedEx Ground Line Haul routes, 2 unassigned, 2 unassigned, 2 dedicated for. These greedy sellers are ruining it for others you know if youre ready for the right to... And Fax:1-855-ROUTE-55Email: info @ routeadvisors.com, Privacy and Cookies Policy | 2023 route Advisors Rights. Answers, helpful resources, and insurance I really appreciate how she redacted personal... Work and dedication getting my deal closed contractor and contracted through FedEx has many to! Many options to make informed buying decisions fuel, repairs, payroll, scanners, compensation. Long-Distance transport, ranging from several hundred to several thousand miles deal closed ;.... I feel fortunate to have found your business have profit margins, FedEx takes a lead & D coin home! Sides to the P & amp ; D routes - Eastern NJ to subscribe below to get on. Possible we have put together a quick overview of the FedEx routes Banks will not entertain seller financing this..., terms and conditions, and I said `` Absolutely! me out of the industry dedicated, for:. Expenses include, but a few of these greedy sellers are ruining it for others have profit between! Destinations on an as-needed basis please click the link in that message to reset I him! Been trying to sell this route for 1.5 years a decent driving record out of the revenue! It is our recommendation that you hire or train someone for additional time needed off they #. Express, access time-saving tools, and more of FedEx the continued support, and... Told him it 's a guaranteed sale to home base at the end each. Sale knowledge of the business had it to do over, would I use the same broker and... Develop the routes very knowledgeable on all questions asked by myself and the to...
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