Asking Price: $925,000
Cash Flow: $288,824
Gross Revenue: $1,485,648
Equipment Value: $420,700
Number of Vehicles: 13
Number of Employees: 18 (16 Drivers, 2 Managers)
Manager: Two Full Time
12 Routes Dispatched Daily
Turn-key operation featuring 12 profitable FedEx Ground Pickup and Delivery routes in the Hampton Virginia area. Business includes 13 well-maintained trucks (debt-free) and an experienced management team already in place. As a Contracted Service Provider (CSP), you'll benefit from FedEx Ground's continued growth in the booming e-commerce sector.
OPERATIONAL HIGHLIGHTS:
- Staff: 16 trained employees
- Management: Two experienced managers currently running operations
- Location: Home-based business, operating through a FedEx Ground terminal
- Equipment: 13 trucks included in sale
- Territory: Exclusive service area in the Hampton area
Detailed Information
Location: Hampton City County, VA
Furniture, Fixtures, & Equipment (FF&E): $420,700 - Included in asking price
Employees: 18 (18 Full-time) - 16 drivers and 2 managers
Facilities: This business operates out of a FedEx Ground Terminal with no facility costs paid by the owner. No other space is required to operate this business. All vehicles will be free and clear to the buyer. (Home Based)
Competition: Strong business model with continued annual growth as you enjoy the benefits of FedEx Grounds marketing efforts and increased industry market share. You do not compete with other FedEx contractors as you own your defined territory.
Growth & Expansion:
- Consistent year-over-year organic growth
- Increasing e-commerce market share
- Opportunity to acquire additional service areas
- Expanding services with FedEx Express integration
Financing:
Seller financing available
SBA Eligible
Support & Training:
- Comprehensive training provided by FedEx and the seller
- Established systems and processes in place
- Ongoing FedEx operational support
Reason for Selling: Retiring
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