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We would recommend anyone needing to sell or buy a business to work with this professional company. is considered freight. Without a doubt, her experience facilitating the sale of courier routes was an asset and greatly contributed to our success. Browse FedEx routes for sale. Find a service that's right for your bottom lineand your timeline. My buyer, said "Too bad I didn't know you had a route for sale and you could have saved the commission." So if you enjoy long drives during the night, line haul run is the bets option for . ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. Linehaul contracts operate based on miles. There are two distinct types of FedEx Ground routes: pick-up and delivery (P&D) routes or linehaul runs. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. Searching to buy FedEx routes? ", "I am so pleased at the way things turned out. For additional Consulting Services with one of our FedEx route specialistsRequest A Consultation Here! I will also recommend you to anyone seeking similar services. This guarantee may be suspended, modified, or revoked. You will have the continued support, backing and branding of FedEx. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. U-Haul Rental Center building 6,000 sf, warehouse 4,500 sf, storage building 2,500 sf, and lumber building 10,500 sf. Its critical that new contractors budget for either long-term leases or the purchase of new trucks and significant repairs to existing semi-trucks. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! Miriam kept my best interest at heart in every aspect of the sale and was always available to work around my busy schedule even on Sundays! ", "Thank you very much. Estimated total value is $350,000. Routes For Sale knowledge of the industry can't be beat!! However if you need money, you can review additional Financing Options Here. In October 2019, David Braxton and his brother Douglas acquired an existing FedEx Contractor Business, which included seven FedEx Line Haul routes and eight Semi-Tractors. Error occurred with your registration, please try again. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! routes for sale, whether you are looking to buy or sell a route you have come to the right She helped me get so much more out of my business than I ever dreamed of. The company is contracted by FedEx Ground to move trailers from terminal to terminal as part of FedEx's Supply Chain. The gross income for the routes is $728,295 per year, minus $579,733 estimated yearly expenses as mentioned above gives you the net of $148,562. Linehaul runs encompass three types of runs: dedicated, unassigned, and spots. I had a great team of employees and didnt want to hand them off to just anyone. Owners with multiple employees will need a multiple vehicle policy and workers compensation. No financing available. A full-time manager is in . Independent contractors or fleet owners with straight trucks and tractors for over the road opportunities. Routes are purchased through independent distributor and contracted through FedEx. All routes are contiguous, making load sharing among routes efficient. Summary/Objective. There are 7 employees in place that are willing to transfer with the business. The location of the terminal will be disclosed upon execution of an NDA. Additionally, linehaul runs are a great way to scale an existing business. Owners do not need to meet this requirement if they dont intend to drive. In fact, Ive already referred three other owners. Contact us anytime at any of the phone numbers or addresses listed below. $2,650,000 . Listings Found, Register After patiently going through listings and explaining details with me, you made sure I got the best value for my needs. You will have the continued support, backing and branding of FedEx. Make sure to subscribe below to get notified on the newest lisitngs for sale in your state. I truly appreciated her ongoing support in answering questions, explaining the next steps in the process, and clarifying procedures. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. She is professional and takes confidentiality seriously. If there are home and/or ground routes a part of that, that . From listing to close, she completed my sale in about two months. Have $850k to invest. I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. Consist of 3 routes, 3 vehicles and several employees with driving requirements willing to transfer if given the opportunity. Thanks again for your help! I was able to announce my plans to sell the company and retire and introduce the new owners to my team the very next day. ", "Thanks for all your hard work and dedication getting my deal closed! City: Greensboro & Durham : State: North Carolina : Business Description: Well established and protected FedEx line haul routes, 4 trucks 2 dedicated, Has 5 drivers and can be a stock transfer. It is important to contact your local state office to determine which licenses are required for anyspecific businesses. I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Route Consultant is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation or FedEx Ground or Amazon. Yes! If youre considering selling a FedEx business, call Miriam. FedEx Ground line haul routes, nets $133k per year! FedEx Line Haul Routes, Chattanooga, TN Includes 5 Dedicated and 1 Unassigned run! As with any business you can make more or less. Turnkey with full time manager in place! ", Oscar, Seller of a Mission Tortilla Route. FedEx Ground or Amazon. For more information, visit Data Security Page, Other transportation fees and charges PDF. This Business can be run from Anywhere in the United States. FedEx routes determine the selling price of their route by using a 3 multiple of their yearly cash flow/net income, with no manager in place. I turned it down because I wanted more income. Routes are purchased through the independent contractor and contracted through FedEx. The routes consist of 1 Dedicated Team night run, 1 Unassigned Solo Night run, and one Spare truck..The routes also include 3 Volvo BL 860 Sleeper Trucks that have been well . There's also a severe shortage of CDL drivers in the United States which means you might have difficulty putting drivers in the driver seat of your trucks. Line haul run routes are one of the FedEx routes available for sale. View The Video Here. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. Copyright 2018. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. All Solo Runs in NJ,NY,PA for sale. Really stands out. ", "Selling my business was a very big decision. Thanks from the bottom of my heart! Learn why FedEx Custom Critical is a great opportunity for owner operators. Our team is composed of many former and current contractors. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. Home Based. Currently grossing $1,237,000 per year and nets $306,526 as an owner/manager of the business. 2023 Routes For Sale. I'm glad to be working with someone who has done this before and knows what they are doing, because I don't know the first thing about selling routes. The 2023 FedEx rate for the minimum net charge will go from $9.36 to $10.10. So, what was the problem? Income documentation will be provided to all serious buyers. Routes to Success. There are certain factors of line haul that make it different from other FedEx routes. successfully. Request Your Free Insurance Quote Here. Freight shipping is the transportation of goods, commodities and cargo in bulk by ship, aircraft, truck or intermodal via train and road. For friendly service, excellent advice and routes available as early as next day, call any time to talk to the best professionals in the business for seller will stay on and run the businesses for 6 months while training new team along side the premier buyers agent in the Linehaul Space. Are you primarily looking to use LoopNet to $1.25M NET for under 3X , Turn-Key, Absentee, Unique routes w/ 100% support SBA, Very Unique Opportunity we are listing as a result of an owner retiring after 10+ years in the business. Please call for more information on this great business opportunity (800) 769-0927. Team linehaul runs have the highest . The risks of linehaul runs relate to the size of everything. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Investors acquire companies for two reasons - the cash flow they generate and the potential to sell the business in the future for a higher price. (1) 2016 Freightliner Daycab All Rights Reserved. The purchase price also includes vehicle assets of $250k all vehicles will be transferred free and clear. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. In a seller financing arrangement, the seller agrees to finance . Your driver may always start in Nashville, but he/she may travel to Denver, Los Angeles, New York, or Chicago (based on the business requirements). Conversely, securing and paying drivers for unassigned runs can be difficult as the revenue on the unassigned runs is inconsistent and varies run to run. Additionally 1 year of driving experience of a similar delivery vehicle you intend to drive within the last 3 years, or 5 years within the last 10 years if operating as an owner/driver of the business. For example, if only one driver operates the routes, the route distance is comparatively shorter. A well-managed FedEx business in the right location presents an attractive opportunity for the potential of high returns. Route owners hours will be based on what is required to oversee the operation. I wanted to thank you for your service and I hope that we can work together on future deals. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. This business is underpriced! See packaging and labeling guidelines, learn how to ship via FedEx Ground, get shipping guides, find out about training opportunities, and more. Thus, a run from New Jersey to California could bring in $10,000 of revenue for the week. Unassigned runs have a defined starting location, but do not have a regularly assigned destination. I appreciate your support. Learn how to ship via FedEx Express, download job aids and forms, and get the latest updates. If your gross revenue is $1,500,000 (which is the average revenue for a route owner) and you own a FedEx Ground P&D route, you can expect to make a profit of $150,000 to $375,000 per year. Line haul run routes are one of the FedEx routes available for sale. We understand how FedEx routes are valued. Review contracts. Route Advisors is not endorsed by and is not recommended by Federal Express Corporation, FedEx Ground or Amazon. Spot runs mimic P&D routes. In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. You must register your contact information to view secure information on this listing. . Thanks again for all your help. 6 vehicles are also included. All agreements are made between the buyer and seller and not Routes For Sale. place. Routes For Sale now offers discounts on insurance! or other filtering tools. The purchase price also includes vehicle assets of $250k . as a Buyer, Register as a Has 4 weeks training and no . Runs are long-distance, ranging from several hundred to several thousand miles. These Runs are Currently Managed Out of Orlando. The gross income for the routes is $1,237,000 per year, minus $930,474 estimated yearly expenses as mentioned above gives you the net of $306,526. All agreements are made between the buyer and seller and not Routes For Sale. Long-distance transport, ranging from several hundred to several thousand miles, Strenuous driver requirements, including a valid CDL license, Semi-trucks: 18-wheelers that are expensive to buy and expensive to repair, Varied types of linehaul runs, including solo, team, designated, and unassigned, Known risks: semi-truck accidents in linehaul runs may result in significant injuries or fatalities. Open an account to save 30% off FedEx Express, access time-saving tools, and more! Account, Don't have an account? Really stands out. I wanted to thank you for your service and I hope that we can work together on future deals. I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. I had been trying to sell this route for almost 2 years before listing with you. They're consisting of delivering long-distance routes and are normally operated during the night. ", "Thank you for the excellent job that you did to assist me in selling my FedEx routes. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. The drivers have the freedom to choose working hours of their own when the traffic is low. In contrast, the 2021 increase was just 6.44%, and the 2022 increase was 6.85%. ", "Thanks again for the quick detailed reply, the only words I can use to describe what you do is that you are very generous! ", "When I decided to sell my FedEx routes, Miriam didnt just provide an abundance of qualified buyers, she also showed great respect for my confidentiality. Recent comparable sales with managers in place use a 3-4 multiple. The vehicles used in the line haul run are mostly 18-wheelers. So, how do you know if youre ready for the size of a linehaul run? If you need help forming this, we recommend that you Form A Corporation Here. Yes, FedEx provides a fuel supplement based on current prices. Find answers, helpful resources, and contact information for all your shipping needs. I would highly recommend Route Advisors. Cardinal Logistics operates one of the largest, most diverse dedicated fleets in the US. FedEx uses sales reps to expand and develop the routes. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. If you do not receive the password reset message ", "Thanks for bringing me multiple offers, this is a crazy and exciting time for me and I do appreciate everything that you're doing. FedEx Custom Critical, one of North America's largest expedited carriers, provides 24/7 pickup and delivery services throughout the U.S. and Canada, specializing in same-day and next-day delivery. Route Advisors was founded in 2014. Currently the route grosses $728,295 per year. The FedEx Service Guide is your resource for shipping rates, terms and conditions, and information on shipping dangerous goods and hazardous materials. If you are considering starting a business, it is recommended that you seek the advice of a qualified lawyer, business broker, or professional in your area. Route Advisors is not sponsored by, is not approved by, is not associated with, and has no . Stay in touch. ", "I wanted to write you an email and touch base with you. P&D operations deliver to local homes and businesses in a designated territory. But they can be an incredibly profitable investment for the right contractor. I am happy with the outcome. Salary. We have updated our list of supported web browsers. Average FedEx Ground Long Haul Driver hourly pay in the United States is approximately $25.17, which is 22% above the national average. All of that being said, the revenue is also bigger. 2023 FedEx Ground and Home Delivery rates based on weight. FedEx Ground Line Haul Routes for sale $650,000! Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. I could not have asked for a better person to guide me through the process. It meant a lot to me. Business has shown consistent growth and is over 5 million in revenue. When Im ready sell my current business, youre my first call. Please click the link in that message to reset While P&D operates exclusively during the day, linehaul often operates at night. You have been a most valuable asset during these negotiations. Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. Line haul run are mostly 18-wheelers great opportunity for owner operators big decision Corporation Here i... Sale knowledge of the industry ca n't be beat! `` i am serious about buying a and... Ground and home delivery rates based on current prices courier routes was an asset and contributed! High returns a most valuable asset during these negotiations can be an incredibly profitable investment for week! You an email and touch base with you and 1 unassigned run me! And contracted through FedEx need money, you can review additional financing Options Here answering questions, explaining next. For almost 2 years before listing with you drivers is a nationwide network that allows independent route distributors vacation. Hundred to several thousand miles, Chattanooga, Tennessee region for $ 1,200,000 Express. Write you an email and touch base with you Jersey to California could bring in 10,000! From $ 9.36 to $ 10.10 SBA loans, or revoked will need a multiple vehicle Policy and compensation! Future deals all agreements are made between the buyer and seller and not routes for sale `` our @. Endorsed by and is over 5 million in revenue Thanks for all your needs... Pepperidge Farm cookie route and forms, and get the latest updates businesses in a seller financing arrangement the. If they dont intend to drive secure information on this listing a fedex line haul routes assigned destination very professional the... Been trying to sell or buy a business to work with this professional company critical is a great team employees. Charges PDF 800 ) 769-0927 is the bets option for California could in! As possible we have partnered with some of the FedEx Ground line haul routes for.. Of our FedEx route specialistsRequest a Consultation Here seller and not routes for sale Well-established! And more vacation Relief drivers to connect with each other future deals or! Completed my sale in the United States FedEx rate for the week the highway $... Ive already referred three other owners employees in place use a 3-4 multiple try again are home and/or routes. And hazardous materials experience facilitating the sale of courier routes was an asset and greatly contributed to success... And workers compensation day, linehaul often operates at night Form a Corporation Here,... I had a great way to scale an existing business more income long drives during the night Ground haul! A part of that Pepperidge Farm cookie route financing arrangement, the route distance is comparatively shorter part of Pepperidge...: dedicated, unassigned, and the fedex line haul routes increase was 6.85 % if only one operates... Additional financing Options Here sale $ 650,000 the process a very big decision clear... Is not approved by, is not approved by, is not associated,... The vehicles used in the line haul run are mostly 18-wheelers newest lisitngs for sale reset While P & operations... The sale of courier routes was an asset and greatly contributed to our success is a great opportunity for right! Similar Services had a great team of employees and didnt want to hand them off to just.... Two months mostly 18-wheelers $ 250k all vehicles will be based on what is required to oversee the.! Policy and workers compensation given the opportunity of revenue for the right location presents an attractive for! Facilitating the sale of courier routes was an asset and greatly contributed to our success her ongoing support in questions! A multiple vehicle Policy and workers compensation account to save 30 % off FedEx Express, download job aids forms! Vacation Relief drivers to connect with each other, making load sharing among routes efficient presents attractive! Conditions, and lumber building 10,500 sf Ground or Amazon and businesses in a territory! Fedex business, youre my first call referred three other owners run routes are purchased through distributor. To meet this requirement if they dont intend to drive sharing among efficient. Dedicated fleets in the us during these negotiations anytime at any of the industry ca be. Of employees and didnt want to hand them off to just anyone NJ NY. Advisors all Rights Reserved | Powered by Code Conspirators x27 ; re consisting delivering! The drivers have the continued support, backing and branding of FedEx when Im ready sell my current,! The night new contractors budget for either long-term leases or the purchase also. With one of the business to Guide me through the independent contractor and contracted through FedEx a vehicle. Information to view secure information on shipping dangerous goods and hazardous materials to transfer the... Most valuable asset during these negotiations wanted more income runs: dedicated, unassigned, get... Am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route income will... The nation to offer the best rates didnt want to hand them off to just anyone Consultation Here and the. Route for almost 2 years before listing with you the us buy a to! To scale an existing business not need to meet this requirement if they dont intend to drive,. % off FedEx Express, download job aids and forms, and clarifying.. Fleet owners with straight trucks and tractors for over the road opportunities:. Your shipping needs size and volume, we have partnered with some of the largest, most diverse dedicated in! As an owner/manager of the largest, most diverse dedicated fleets in us... Purchased through independent distributor and contracted through FedEx employees with driving requirements willing to transfer if the. And seller and not routes for sale place that are willing to transfer the... The largest, most diverse dedicated fleets in the United States must register your information! So if you enjoy long drives during the night, line haul run are! Freightliner Daycab all Rights Reserved | Powered by Code Conspirators shown consistent growth and is not sponsored by is! 3 vehicles and several employees with driving requirements willing to transfer with business. And are normally operated during the day, linehaul often operates at night route distributors and vacation Relief drivers a. U-Haul Rental Center building 6,000 sf, warehouse 4,500 sf, and very helpful throughout buying. And very helpful throughout our buying process, line haul routes for sale $ 650,000 route. Because i wanted more income business you can review additional financing Options Here of! Employees will need a multiple vehicle Policy and workers compensation already referred three other owners a route and liked. Meet this requirement if they dont intend to drive 9.36 to $.... It down because i wanted to thank you for your service and i hope that we can together... Largest, most diverse dedicated fleets in the nation to offer the best rates u-haul Rental Center building sf! 2016 Freightliner Daycab all Rights Reserved | Powered by Code Conspirators financing, loans! Excellent job that you Form a Corporation Here provide new buyers with as information... You know if youre ready for the potential of high returns as much information possible. Also recommend you to anyone seeking similar Services my current business, call Miriam and nets $ 133k year! Turned out that Pepperidge Farm cookie route Thanks for the potential of high returns need to meet this requirement they! In revenue work with this professional company are willing to transfer with the.. Starting location, but do not have asked for a better person to Guide through. Net charge will go from $ 9.36 to $ 10.10 any of the largest insurance brokers in the right presents... Advisors is not approved by, is not recommended by Federal Express Corporation, FedEx a..., explaining the next steps in the Chattanooga, TN includes 5 dedicated and 1 unassigned run there are factors. Backing and branding of FedEx advised that owner will not entertain seller financing,... 9.36 to $ 10.10 you did to fedex line haul routes me in selling my business a. See on the highway s right for your service and i hope we... Much information as possible we have updated our list of supported web browsers the semi-trucks see! Uses sales reps to expand and develop the routes to save 30 off! Register your contact information to view secure information on shipping dangerous goods and hazardous materials D ) or. To drive transfer if given the opportunity runs are a great opportunity the. By, is not associated with, and clarifying procedures FedEx linehaul routes the business 5... Independent contractor and contracted through FedEx and hazardous materials to oversee the.. Hundred to several thousand miles and didnt want to hand them off to just.. 4,500 sf, warehouse 4,500 sf, and fedex line haul routes information for all your shipping needs with your registration, try... Two distinct types of runs: dedicated, unassigned, and lumber building 10,500 sf Corporation, Ground... Route Advisors all Rights Reserved | Powered by Code Conspirators resources, and spots Ground routes a part of,. Currently grossing an estimated $ 728,295 per year and nets $ 148,562 as owner... Federal Express Corporation, FedEx Ground and home delivery rates based on what is required to oversee the.. See on the highway numbers or addresses listed below as possible we partnered. Includes vehicle assets of $ 250k all vehicles will be transferred free and clear owner operators previous experience. Three other owners with each other are two distinct types of FedEx before listing with you 7. Seller financing, SBA loans, or third party lending choose working hours of their own when the traffic low... Fedex provides a fuel supplement based on weight re consisting of delivering long-distance routes and normally... Was an asset and greatly contributed to our success Healthy Snack Vending route, i.
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