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Businesses For Sale   >>   North Carolina Businesses For Sale Categories   >>   

Fedex Ground Linehaul For Sale

Location  North Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Inventory  Inventory value is $600,000.
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Owned
Training  2 weeks training will be provided..
Reason for Sale  Seller is running second business.
Description  FedEx operates FedEx Ground routes on a contractor business model, allowing individual business owners to operate one or more routes. Each owner is responsible for obtaining and maintaining a FedEx approved vehicle, pass a background check and driving test (if the independent contract intends to act as a driver) and be approved by FedEx corporate as a qualified operator. The compensation is paid to the contractor based on number of routes owned and the miles made weekly. Various bonuses are also awarded on a quarterly basis. In addition, FedEx partially compensates route owners for fuel based on mileage driven in the defined time period and at a defined price per gallon which limits the owner's exposure to inflated fuel prices. This type of business for sale is very unique as it requires no office or overhead costs if the owner operates the route, and very minimal overhead if multiple routes are operated. FedEx pays weekly and other additional compensation, all based on the prior weeks' work performed. For more information, email or call 7046060989.
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