You are awesome. Summary/Objective. But they can be an incredibly profitable investment for the right contractor. You will have the continued support, backing and branding of FedEx. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. Here is a PDF with all FedEx standard list rates for 2023. They're consisting of delivering long-distance routes and are normally operated during the night. Due to the nature of the linehaul driving profession, as well as a generational shift in job priorities, there is a mass shortage of CDL licensed drivers 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. The current owner estimates $930,474 per year in expenses/overhead to operate the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase). I will definitely tell others about your service. P&D operations deliver to local homes and businesses in a designated territory. Salary: $0.80 per mile. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. Has 4 weeks training and no . Route Advisors operates throughout the United States and Canada matching the right BUYERS with the right SELLERS. Thanks!! ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. If you forgot your password, click to reset it. So if you enjoy long drives during the night, a line haul run is the best option for you. It is the prospective Buyers duty and obligation to verify the accuracy of the Sellers representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". I had been trying to sell this route for almost 2 years before listing with you. ", "Thanks for bringing me multiple offers, this is a crazy and exciting time for me and I do appreciate everything that you're doing. If there are home and/or ground routes a part of that, that . If you want to talk to contractors who run both P&D routes and linehaul runs about which type of FedEx Ground route is right for you, our team answers your questions weekly on our free webinar. The current owner has owned the routes for 3 years. As part of the line haul operations, a line haul driver is in charge of transporting materials, ensuring timelines and efficiency from one FedEx location to another. During that time, new ownership will be trained by north the seller and Linehaul Solutions while we prepare new operations team for maximum success. There are two distinct types of FedEx Ground routes: pick-up and delivery (P&D) routes or linehaul runs. Cardinal Logistics operates one of the largest, most diverse dedicated fleets in the US. FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. Note that Internet Explorer is no longer supported. Route Advisors was recommended to me by a colleague, and I would highly recommend them to sell your FedEx routes. Spot runs will deliver a trailer full of goods to and/or from a business such as a Target. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Its critical that new contractors budget for either long-term leases or the purchase of new trucks and significant repairs to existing semi-trucks. Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. FedEx Line Haul $ 650,000 $ 650,000: $3250: SOUTHEAST FLORIDA, FedEx, "Line Haul," Point to Point Routes 4 FedEx Line Haul Routes South East Florida Highly Desirable! A well-managed FedEx business in the right location presents an attractive opportunity for the potential of high returns. He said he was thinking about it, and if he decided to sell, he would call me for your contact information. You will have the continued support, backing and branding of FedEx. Learn about and how to become an independent contractor by owning FedEx routes. This is an increase of 7.91%. All vehicles are paid in full. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" Route Advisors may not be the largest route broker, but we aim to be the best. Buyer must have good credit to take over truck payments on 2019 freightliner or 2020 (21) internationals. Net over $10,000 a week after all expenses including 2 F/T managers and drivers..Gross annual sales over $2 Million..These FedEx Home Routes for sale turn out of Brooklyn New York and Deliver to Coney Island, Brighton Beach and Gravesend..The routes include 22 trucks that have been well maintained and will have clear titles at closing.These routes meet all FedEx ISP requirements.These are FedEx Home routes and are running 7 days a week.Total Price $1.6 Million..These routes Do Not qualify for SBA or bank financing.Serious inquires only and proof of funds are required.Please call for more information (800) 769-0927. New Jersey. FedEx Line Haul Routes for sale in the Grove City, Ohio region for $2,400,000! FedEx requires a third party background check, you must have no felonies and a decent driving record. FedEx Routes with managers in place use up to a 4 multiple of the cash flow. View The Video Here. The whole process has been nothing else but perfect. Business has seen double digit organic growth since inception. We started working with Route Advisors after listing unsuccessfully with another broker. Terms and conditions of service for the following can be found in the Service Guide PDF: Download PDFs for terms and conditions of the following services by clicking the links below. Business Description. Thanks!! View The Video Here. $50,077 per year. Drivers have a small, designated coverage area and travel out of the home base daily. They're consisting of delivering long-distance routes and are normally operated during the night. ", "I want to thank you for your input on my personal situation today. FedEx Ground Line Haul Routes for sale $650,000! Job Type: Full-time Benefits: 3 Floating Holidays. With your past experience, you knew the value of the different aspects of our company, and you were able to find us a perfect match (buyers). The 2023 FedEx rate for the minimum net charge will go from $9.36 to $10.10. ", "Thank you for the excellent job that you did to assist me in selling my FedEx routes. Learn More. Please reach out before making an offer on ANY FedEx linehaul-based business. Net over $6,300 a week after all expenses including 2 F/T managers and drivers..Gross annual sales over $1.25 Million.These FedEx Home and Ground Routes for sale turn out of the Newburgh, NY terminal and deliver to the town of Newburgh as well which means low miles and less fuelThese routes are 100% overlapped and meet all ISP requirements..The routes include 15 trucks that are in great condition and have been well maintained, all trucks will have clear titles at closing..The routes average 11-12 trucks that go out daily with 3 trucks as back up..Total Price $1.3 Million..Unfortunately these routes DO NOT qualify for SBA or bank financingSerious inquires only and proof of funds are required. One of the most user friendly and functional for any industry. Dedicated runs have the same starting and stopping destination on each trip. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. FedEx Ground Line Haul has enjoyed a successful working relationship with independent contractors for nearly 25 years. Please try again. After patiently going through listings and explaining details with me, you made sure I got the best value for my needs. Have $850k to invest. 6 vehicles are also included. Growth can also be achieved by adding/purchasing more routes. Passwords is too common or does not have at least 8 characters, FedEx Linehaul - ALL Solo Runs + F/C Trucks (26) NJ/NY/PA 5+ Mil Rev. Linehaul runs encompass three types of runs: dedicated, unassigned, and spots. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. You assured me you could handle the sale confidentially and you kept your word. Route Advisors is not sponsored by, is not approved by, is not associated with, and has no connection whatsoever with Federal Express Corporation, FedEx Ground or Amazon. Searching to buy FedEx routes? How to Purchase, Sell, and Reassign an Amazon Prime Delivery Route, An Overview of the Amazon Delivery Service Partner Program, 5 Reasons for Selling Your FedEx Ground Route. With the same gross revenue, you can expect to make a profit of $600,000 to $675,000 per year if you own a FedEx Linehaul route with team runs. All Shipping Services Shipping dangerous goods . So, what was the problem? We walk you through every step of the process, from valuation to negotiations to navigating FedEx approval and all the way to closing and then some. Although it was a complicated listing with four different sellers, we received an offer in the second week of our listing and by the time we closed, wed received two additional back up offers. Route runs 5 days per week and is off weekends. The problem was that he expected to be making about $200k, and work closer to 0-2 hours a week while having a manager in place because the business was advertised as netting $200k a year and the owner being fully . Route Name: FedEx Line Haul Net $300k ask $899k : Total Price: $ 899000 : Down Payment: $ 899000 : Weekly Net: $ 5769 : City: Orlando : State: Florida : Business Description: Well established and expandable 3 line haul routes from Orlando FL It Comes with 3 sleeper double bunk tractor trailers valued $230K 1 dedicated & 1 unassigned uses 3rd . When Im ready sell my current business, youre my first call. The current owner estimates $579,733 per year in expenses/overhead to operate the business. ", "Thanks for bringing me multiple offers, this is a crazy and exciting time for me and I do appreciate everything that you're doing. All information is provided by the seller. PDT, Inc. is proud to be an Equal Opportunity Employer and Drug Free workplace. Please add us on Instagram: @linehaul_solutions. Currently the route grosses $1,237,000 per year. The FedEx route business is excellent overall, but a few of these greedy sellers are ruining it for others. Consider owning and operating a successful, existing and licensed FedEx Line Haul Routes Business. You also have higher costs of business: insurance costs, employee salaries, maintenance costs, etc. Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Route Driver. Look forward to working with you. FedEx Ground line haul routes, nets $133k per year! We always advise that operations guarantee a minimum number of miles per week for their drivers (including those that drive unassigned runs). We recommend using one of the following browsers for an optimal website experience. I turned it down because I wanted more income. FedEx Ground or Amazon. address. as a Buyer, Register as a ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. The company is contracted by FedEx Ground to move trailers from terminal to terminal as part of FedEx's Supply Chain. I told him how my experience was. FedEx uses sales reps to expand and develop the routes. Businesses of all types benefit from increases in efficiency as they scale. ", Nick S., Seller of a Healthy Snack Vending Route, "Thanks for the quick turn-around - very professional. ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Further, drivers prefer the consistency of dedicated runsthey know when theyll be leaving, where theyll be going, and when theyll be home. ", "I am so pleased at the way things turned out. Keep surfing Bizroutes by creating a free account or logging in. For example, Nashville to Dallas. Request Your Free Insurance Quote Here. We recommend using one of the following browsers to access this site. FedEx Line Haul Routes, Chattanooga, TN Includes 5 Dedicated and 1 Unassigned run! Including if you choose you can get routes working 38 hours a week. This business is turnkey! 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. Shipping charges vary depending on a number of factors: the service you choose; any special options you add, such as signature delivery; and the current fuel surcharge. Net over $6,200 a week after all expenses including drivers.Gross annual sales over $896,000.These FedEx Line Haul Routes for sale turn out of Orlando, Florida. Assured me you could handle the sale confidentially and you kept your word selling my FedEx routes FedEx Express... Youre my first call of the largest insurance brokers in the right BUYERS the! 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