Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. In October 2019, David Braxton and his brother Douglas acquired an existing FedEx Contractor Business, which included seven FedEx Line Haul routes and eight Semi-Tractors. Password. has 3+ years of Clean tax returns for approved SBA Banks. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" has 3+ years of Clean tax returns for approved SBA . . I will recommend. There's also a severe shortage of CDL drivers in the United States which means you might have difficulty putting drivers in the driver seat of your trucks. Growing business backed by a publicly traded company on the NYSE! Additionally, linehaul runs are a great way to scale an existing business. As of Summer 2020, FedEx Ground requires contractors to operate both home delivery routes and ground routes within a given service area (this is referred to as overlap). The current owner operates this business with the following vehicles that are included with the sale of the business: (1) 2018 Freightliner Cascadia ", Oscar, Seller of a Mission Tortilla Route. ", "I'm sending you a guy that wants you to sell his route. FedEx requires a third-party background check; you must have no felonies and a decent driving record. I'm glad to be working with someone who has done this before and knows what they are doing, because I don't know the first thing about selling routes. For more detailed information,contact usor visit our listings onBizBuySell. Linehaul operations may have profit margins between 20% and 45% of Total Revenue. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. Consist of 3 routes, 3 vehicles and several employees with driving requirements willing to transfer if given the opportunity. One of the most user friendly and functional for any industry. You will have the continued support, backing and branding of FedEx. If I find myself with the need to sell anymore routes, you will be my first call. routes for sale, whether you are looking to buy or sell a route you have come to the right Route Consultant is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground or Amazon. Another contractor asked how our broker was. They're basically consisting of delivering long distance routes and are normally operated during the night. ", "I have read several good reviews on your professionalism with buying/selling routes around the U.S. so I thought I would contact you. All vehicles are paid in full. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Really stands out. https://www.linehaul.info So, what was the problem? Please click the link in that message to reset FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. Some contractors say linehaul runs are 90% boredom and 10% terror. Drivers In Place. Use the Fedex.com site to login to your FedEx account, get your tracking status, find a FedEx near you, learn more about how to become a better shipper, get online print offers, or get inspiration for your small business needs. ", "Thanks so much for your effort to sell my business. Expenses include, but are not limited to: fuel, repairs, Workers Compensation, taxes/licenses, vehicle expenses, and insurance. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. We recommend using one of the following browsers to access this site. 5. I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. Open an account to save 30% off FedEx Express, access time-saving tools, and more! Remember passwords are case sensitive. As a local linehaul truck driver, you will drive and return to the same Santa Fe Springs station each day. You also have higher costs of business: insurance costs, employee salaries, maintenance costs, etc. Business has shown consistent growth and is over 5 million in revenue. Route Advisors covers the United States & Canada. Owning and operating FedEx Ground P&D routes does not prevent you from adding linehaul runs later on. has 3+ years of Clean tax returns for approved SBA Banks. Approx: 4:30 PM Dispatch from FedEx Station in Moses Lake . After patiently going through listings and explaining details with me, you made sure I got the best value for my needs. It is our recommendation that you hire or train someone for additional time needed off. Route Advisors is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation, FedEx Ground or Amazon. New Jersey. Spot runs do not always require additional trucks and drivers. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! The information provided in this article is not a substitute for professional advice and should not be relied upon as such. Due to the nature of the linehaul driving profession, as well as a generational shift in job priorities, there is a mass shortage of CDL licensed drivers in the United States. We apologize for the inconvenience. FedEx uses sales reps to expand and develop the routes. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. If I find myself with the need to sell anymore routes, you will be my first call. And I will refer to everyone I know if they are looking to sell their route. You will have the continued support, backing and branding of FedEx. Cash Flow: $133,988. 4 FedEx Line Haul Team Run routes, 2 unassigned, 2 dedicated, for sale located in the Hagerstown, MD. Line haul routes to a complete a detailed approval process. 4 Vehicles "Free & Clear." Call 888.620.9806 for complete details.. TO RECEIVE MORE INFO - CLICK HERE. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. Industry InsightsE-CoursesWeekly Webinars, Privacy PolicyDo Not Sell My InfoTerms Of Use, 5511 Virginia Way, Suite 400, Brentwood, TN, 37027, United States. Please try again. If you own your vehicle, or have plans to purchase one, read on to learn about your opportunity as an independent contractor. She helped me get so much more out of my business than I ever dreamed of. Route Advisors is an expert and specializes in selling or buying FedEx ground routes in the US & Canada. Here is a PDF with all FedEx standard list rates for 2023. ", "Miriam Liang was extremely professional and protected the confidentiality of my business during the sale of three PSA of FedEx Ground route and Line hauls. Recent comparable sales with managers in place use a 3-4 multiple. Download PDFs for terms and conditions by clicking the links below. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. These 18-wheelers are expensive to buy and expensive to repair. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. ", "Selling my business was a very big decision. P&D operations deliver to local homes and businesses in a designated territory. Selling operational team is willing to stay on for 6 months to continue to run the business. I wanted to thank you for your service and I hope that we can work together on future deals. Business will do $1.25 million + without numerous growth opportunities seller has chosen not to pursue. FedEx Ground Line Haul Routes for sale $650,000! From listing to close, she completed my sale in about two months. Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. Priced at $1,200,000! Home Based. your password. Thanks again for your help! Net over $10,000 a week after all expenses including 2 F/T managers and drivers..Gross annual sales over $2 Million..These FedEx Home Routes for sale turn out of Brooklyn New York and Deliver to Coney Island, Brighton Beach and Gravesend..The routes include 22 trucks that have been well maintained and will have clear titles at closing.These routes meet all FedEx ISP requirements.These are FedEx Home routes and are running 7 days a week.Total Price $1.6 Million..These routes Do Not qualify for SBA or bank financing.Serious inquires only and proof of funds are required.Please call for more information (800) 769-0927. Strenuous driver requirements, including a valid CDL license. complete support and assistance. Their are certain factors of line haul that make it different from other FedEx routes. These drivers may be away from the home base for days at a time, but are guaranteed to be back at the end of the week. Job. Typically, sellers will ask for a down payment between 10-25%, which could mean $100,000 or over one million dollars. FedEx Line Haul Routes for sale in the Grove City, Ohio region for $2,400,000! City: Greensboro & Durham : State: North Carolina : Business Description: Well established and protected FedEx line haul routes, 4 trucks 2 dedicated, Has 5 drivers and can be a stock transfer. We apologize, but the feature you are trying to access is currently unavailable. ", "I am so pleased at the way things turned out. The FedEx route business is excellent overall, but a few of these greedy sellers are ruining it for others. ", "I wanted to write you an email and touch base with you. I got back from West Virginia 3 weeks ago and everything is going great with the new business. Stay in touch. As an independent distributor/business owner you are responsible for servicing the route. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! As an independent distributor/business owner you are responsible for servicing the route. Learn More About FedEx Routes Here! Net over $6,200 a week after all expenses including one F/T manager, drivers, and truck payments..Gross annual sales over $1.3 Million.These FedEx Home and Ground Routes for sale turn out of West Stratford Connecticut and deliver to Norwalk..These routes meet all ISP requirements and also include 7 trucks that have low mileage and have well maintained(new owner would need to assume trucks payments)..Total Price $1.35 Million..owner would consider seller financing for a qualified buyer with $900k down..These routes Do Not qualify for SBA or Bank financing..Serious inquires only and proof of funds are required..Please call for more information (800) 769-0927. Luck is when an opportunity comes along and you're prepared Haul exclusively for FedEx Ground. Conversely, securing and paying drivers for unassigned runs can be difficult as the revenue on the unassigned runs is inconsistent and varies run to run. But Fedex ground has many options to make more money. There are two distinct types of FedEx Ground routes, and if you are considering buying a FedEx Ground route,its important to figure out if you want to purchase pick-up and delivery (P&D) routes or linehaul runs. For example, if only one driver operates the routes, the route distance is comparatively shorter. Job Type: Full-time Benefits: 3 Floating Holidays. Register, Register New Account, Don't have an account? Includes 6 routes and 6 vehicles. Consider owning and operating a successful, existing and licensed FedEx Line Haul Routes Business. ", "I want to thank you for your input on my personal situation today. I also commend her for her dedication and positive attitude as she walked me through the process. ", "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. Cardinal Logistics operates one of the largest, most diverse dedicated fleets in the US. someone that only has $10k vs a million), or they could be much worse overall, but we . View The Video Here. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity (must be an INC.). Net is after expenses, including drivers, truck payments, and managers salary. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. Your trucks are larger, and you inherit the known risks of a large vehicle on the road. Asking price is under a 3X of NET and ALSO includes 1.5 million in assets IN ADDITION. I couldn't recommend him more highly. While P&D operates exclusively during the day, linehaul often operates at night. FedEx Routes with managers in place use up to a 4 multiple of the cash flow. They're consisting of delivering long-distance routes and are normally operated during the night. The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". Turnkey with full time manager in place! Two assigned solo runs based out of Austell, GA Two trucks will come with the deal. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. ", "Thank you very much. I had been trying to sell this route for almost 2 years before listing with you. I told him how my experience was. You can think of FedEx Ground P&D routes as the box trucks you see out and about in your community. As a former FedEx contractor herself, Miriam is knowledgeable about FedEx and coordinates with the buyer to walk them through the entire process. He said he was thinking about it, and if he decided to sell, he would call me for your contact information. $50,077 per year. Salary. So if you enjoy long drives during the night, a line haul run is the best option for you. Plus, we offer dangerous goods training. Let us help you navigate the FedEx business model, approval process, and find a great opportunity! I will recommend you to anyone I come across. Browse FedEx routes for sale. U-Haul Rental Center building 6,000 sf, warehouse 4,500 sf, storage building 2,500 sf, and lumber building 10,500 sf. 6 vehicles are also included. . 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. Well established routes with plenty of growth opportunity. 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