Active
Rare, Moneymaking FedEx P&D Route Middle Village, Queens, NY 11379
By becoming a FedEx Ground independent service provider (ISP) you will gain the opportunity to enjoy excellent revenue visibility and recession resistance.
Podcast on FedEx Routes:
https://open.spotify.com/episode/0YqVvTMkF5AQiH6kcHSYJt?si=nhRJBtK7TrertqIizSRqzA&nd=1
Business Description
Profitable FedEx P&D Route in Queens, NY
Long standing business with excellent service and safety ratings.
High development and growth potential in a consolidated service area.
Dense routes located close to the terminal provide relief from capital expenditures.
A prospective buyer can expect the flexibility for remote ownership.
Complete fleet of 15 vehicles included. Allows for spare vehicles for overflow or maintenance needs. The vehicles are well maintained and in great condition. Entire fleet will come free and clear with sale.
Business Overview:
• FXG Residential Pickup & Delivery (P&D) Route
• Business Established in 2017
Financial Details:
• 2022 Revenue $ 1,575,066.01
• Equipment Value $ 300,000
Vehicle Details:
• 15 trucks included in purchase price with free and clear title
• All trucks well maintained and in good working order
• Fleet value: (15 Trucks) $ 250,000
Other Equipment Details:
• 11 Scanners
• Camera's in each vehicle
• Handtrucks etc.
Employee Details:
• 11 Employees
• Managers with years of FedEx Ground experience
***Podcast on FedEx Routes:
https://open.spotify.com/episode/0YqVvTMkF5AQiH6kcHSYJt?si=nhRJBtK7TrertqIizSRqzA&nd=1
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2017
Reason selling:
Retirement
Finance
Sales:
$1,575,066
EBITDA:
$522,600
Operations
Employees:
11
Equipment:
N/A
Inventory:
Included in asking price
Premises
Facility:
Complete fleet of 15 vehicles included, allowing for spare vehicles if needed. Trucks are well maintained and in great condition. Entire fleet will come free and clear with sale. Business operates out of a local FedEx terminal with a FREE gated facility for the vehicles.
Location:
Flushing, NY
Opportunities
Growth:
The explosive growth of e-commerce is leading to unprecedented opportunities for P&D businesses to evolve, as increasingly dense service areas provide opportunities for greater efficiency, flexibility and profitability. Service providers for P&D services can benefit from: Package volume growth with the new residential builds being built within this route. Contracted service area of both commercial and residential postal codes Weekly revenue based on customer demand and business results Optional seasonal incentives
Price and terms
Price:
$1,800,000
Training:
Support & Training will be provided for a smooth and seamless transition. The biggest hurdle in buying a route is getting approved by FedEx. We will help you through this process with the filling out of the application correctly within a timely matter. Will have also built up relationships with industry insiders such as truck vendors & other key contacts.