Services - Freight Carriers, Moving/Delivery | Services - Other Travel & Transportation

$Seller Financing Available

Asking Price	$450,000	Inventory
Gross Income	$634,964	Real Estate
Cash Flow	$130,658	Year Established	2000
FF&E	$144,000*	Employees	8

* included in the asking price

** not included in the asking price

This business is a privately-held trucking company that provides long-haul services to FedEx Ground as an independent contractor. Based out of the Dallas FedEx hub, the essence of this business is to pick up and deliver trailers from one FedEx terminal to another across the country. FedEx owns and maintains the trailers. The contractor provides the trucks and drivers. The FedEx Ground transportation fleet is made up entirely of independent contractors. This is not a typical long-haul contracting arranging, FedEx is one of the premier companies to be working with. They are one of the largest shipping companies in the world, which means you have guaranteed freight as a contractor, but they also offer additional unique benefits. FedEx contractors have access to extremely advantageous insurance arrangements through Marsh covering liability, workman’s comp and physical damage policies, and they also allow the drivers to obtain health policies. FedEx also provides benefits to the contractors such as a guaranteed fuel surcharge program and a tire purchasing program to provide outstanding savings to their contractors. These benefits explain why contracting with FedEx Ground is one of the most desirable relationships available in the trucking industry. So much so that there are no opportunities currently for new contractors to enter the program the only way to gain access to FedEx long-haul routes in DFW is to acquire an operation already servicing FedEx. This company is currently absentee-owned, as there is an operations manager in place who handles the day-to-day responsibilities. The new owner will have to be approved by FedEx, but DOES NOT need a commercial driver's license to own the company. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Jeremy Furtick can be contacted by email at jeremy@vrbig. For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at twitter.com/vrinDallas.

Facilities: There is actually no need for office space to operate this business because of the affiliation with FedEx. The company s trucks are stored at the 325,000 sq. ft. DFW FedEx hub free of charge. This operation can easily be run out of a home office, as it is now.

Competition: There is absolutely NO competition in this business, which is one of the tremendous benefits of this company. Once a contractor is approved by FedEx Ground and builds points with its trucks, it is guaranteed freight. Only approved contractors can haul for FedEx Ground and the Dallas hub is currently at capacity and not accepting new contractors.

Growth/Expansion: There are two viable avenues for growth when you have an operation already hauling for FedEx Ground. You can simply add trucks to your operation that will begin to be assigned routes as needed, building points and getting more and more favorable routes. Also, as other contractors put their operations up for sale you can grow through acquisition, which is a much faster avenue for growth.

Seller Financing Available: Yes

Financing: Seller will consider all financing offers.

Support/Training: Seller will provide training as needed for a smooth transition.

Reason Selling: Exit strategy