Fedex Routes Roanoke VA

Salem, VA (Salem County)

Seller Financing Available
Fedex Routes Roanoke VA
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Asking Price: $799,999

Cash Flow: $281,329

Gross Revenue: $1,134,801

EBITDA: $341,472

FF&E: $105,000

Inventory: $1,500

Established: 2000

Fedex Routes Roanoke VA

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Business Description

5 PSA, 9 Supplementals 1140 to 1650 Stops per day

This is a FedEx Home Delivery opportunity operating out of the Roanoke Home Delivery/Ground building located in Salem, Virginia. The routes have been operating with same structure for last 10 years. The sale is composed of two operating entities with a total of 5PSA’s with 9 Supplementals. All routes overlap or adjoin allowing for easy driver and freight adjustments based on loads or other variables. In addition, first stops for each route are within 1-5 miles from the terminal, with 1st stop drive times of 15 minutes or less for each. Mileage for most vehicles averages between 50 to 75 miles per day. One truck does 100 miles per day on the route. Stop density allows for 15 to 25 stops per on road hour. Average daily stops range from 1140 to 1650 stops per day. Tuesday and Wednesday loads are the heaviest. All employees are willing to transfer, two managers included in driver count, willing to transfer. ISP Compliant

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Detailed Information

Salem, VA
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
15 Vehicles included run daily, mechanically sound, lien free. Older fleet, but with low miles and mechanical condition, no reason to spend for new trucks. New trucks break too and you will have both a payment and repair bills. (Home Based)
FedEx routes have experienced approximately 14% year over year growth. E-Commerce is driving the growth. Outlook is excellent for continued growth.
Growth & Expansion:
Business is currently operating under IC model, ISP for the region has been pushed out to 2020. There are additional growth opportunities in both Home Delivery and Ground Terminal. These routes are close to terminal, dense and overlap or adjoin. Drivers on first stop less than 15 minutes.
Private Financing upwards of $300,000 Possible, extremely well qualified buyer.
Support & Training:
2 Weeks on site if required, Consultation by Email/Phone as needed
Reason for Selling:
Seller in Florida has Florida Routes and downsizing out of state operations.
This business is Home-Based
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Business Listed By:
Southwest Properties

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