NC/VA FedEx Ground, Home Delivery absentee owner opportunity

Kernersville, NC (Forsyth County)

NC/VA FedEx Ground, Home Delivery absentee owner opportunity

Asking Price:$1,200,000

Cash Flow:$338,631

Gross Revenue:$1,244,232

EBITDA:N/A

FF&E:$362,000

Inventory:N/A

Established:1991

NC/VA FedEx Ground, Home Delivery absentee owner opportunity

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Business Description

We have a huge multi-state contractor opportunity for the right buyer. This set of routes operates out of 2 different hubs and serves the North Carolina, and Virginia areas. Currently, they have an operations managers at both stations, the employees report directly to their operations manager at each hub, this is a great absentee owner situation. You will get an entire fleet of 18 trucks free and clear at closing. Hurry! This will not last long!

Detailed Information

Employees:
18 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Trucks are stored inside the FedEx station on the dock, where the packages are loaded and unloaded daily by FedEx Ground employees. FedEx offers around the clock security, 24/7, 365 days per year. The Contractor works from his home office. (Home Based)
Competition:
FedEx is growing exponentially and adding new terminals to the network. The FedEx Ground segment grew its revenue from $3.57 billion in Fiscal 2015 to $4.29 billion in Fiscal 2016.
Growth & Expansion:
You can buy out other contractors at each hub.
Support & Training:
A 30 day training period will be provided, current drivers will transfer over to the new owners
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
Business Website:
http://www.CapitalRouteSales.com

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Adam Armstrong

Business Listed By:
Adam Armstrong

Capital Route Brokers, Inc.

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