SOLD BUSINESS
Sales $1,876,151
Net $404,652
Price $1,100,000
Profitable, FedEx routes for sale in the Bay Area. These routes are in a very desirable area of the Bay Area- primarily a suburban community, with high, average household incomes. The current owner has had the business for 5 years. These FedEx routes are profitable and will benefit from the transition to electric vehicles.
The current operation will run with 11 trucks, including electric vehicles and can choose the option of electric or nonelectric. Fuel expenses represent 10-11% of the fuel expenses. Utilizing electric vehicles will decrease fuel by approximately $82,000 each year.
The business is managed by two managers/BCs and the owner works remotely on the business approximately 10 hours per week. The FedEx operation is priced to sell at 65% of revenue.
– Truck debt of $4500 (including electric) assumed by buyer.
– 11 trucks (plus a few electric trucks)
– 11 Drivers/BCs
– Delivery is 70% Residential to 30% Business
