Santa Clara County, CA
Asking Price: $1,750,000
Cash Flow: $454,347
Gross Revenue: $2,000,000
Equipment Value: $500,000
# of Vehicles: 16
Manager Status: Manager in place
# of Drivers: 16
Reason for Sale: Owner has other businesses
The FedEx routes are profitable, and well-run, with room for optimization. The delivery zip codes are in upper, middle-class neighborhoods, with businesses, and malls. New housing developments will increase volume of deliveries.
These routes have an ideal delivery mix of 75% residential to 25% commercial. Included in the business is a good fleet of 16 trucks (owned free & clear).
The ideal candidate needs to have 10-20% down for SBA and qualify for bank funding. Trucks are owned Free & Clear. There is room for an involved owner-operator to optimize the payroll, routes, and other KPIs.
With express integration into FedEx Ground (2024), there is a possibility of increasing revenue, and profitability. These routes are priced to sell at 85% of gross revenue.
