The location of the terminal will be disclosed upon execution of an NDA. If you continue to see this message, your account may be locked due to too many failed attempts. Find answers, helpful resources, and contact information for all your shipping needs. Linehaul drivers must hold a valid CDL license and must meet specific driver experience requirements. You were professional throughout the process and maximized the sales price that we got for our portfolio by strategically providing information to multiple potential buyers and then timely working with them to close the best offer. to get started. Includes 7 dedicated routes (2 Team runs, 2 daytime single runs, and 3 nighttime single runs) and 8 employees willing to transfer if given the opportunity. Step 5: Contracting and financing. LoopNet disclaims any and all representations, warranties, or guarantees of any kind. Register, Register New 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 . Stay in touch. Currently grossing an estimated $728,295 per year and nets $148,562 as an owner of the business. 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. Priced at $1,200,000! For additional Consulting Services with one of our FedEx route specialistsRequest A Consultation 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. They're basically consisting of delivering long distance routes and are normally operated during the night. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. 6 vehicles are also included. ", "Thank you. 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. Net over $6,200 a week after all expenses including one F/T manager, drivers, and truck payments..Gross annual sales over $1.3 Million.These FedEx Home and Ground Routes for sale turn out of West Stratford Connecticut and deliver to Norwalk..These routes meet all ISP requirements and also include 7 trucks that have low mileage and have well maintained(new owner would need to assume trucks payments)..Total Price $1.35 Million..owner would consider seller financing for a qualified buyer with $900k down..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. Routes For Sale knowledge of the industry can't be beat!! It can be transported domestically or internationally by land, air or sea. The purchase price also includes vehicle assets of $250k all vehicles will be transferred free and clear. Line haul run routes are one of the FedEx routes available for sale. The FedEx Service Guide is your resource for shipping rates, terms and conditions, and information on shipping dangerous goods and hazardous materials. In fact, Ive already referred three other owners. Really stands out. If you are thinking about the purchase or sale of a route business, and need your questions answered, please call. Then, to make sure the sale closed, she walked the buyer through of every step of due diligence, the interview with FedEx, and even reviewed their RFI. Linehaul contracts operate based on miles. Includes 5 Dedicated and 1 Unassigned run. I will also recommend you to anyone seeking similar services. Fixtures/Equipment approx . As with any business you can make more or less. Includes 6 routes and 6 vehicles. You must register your contact information to view secure information on this listing. Our real-world contracting team can help you learn how to run your operations. God bless you, and richly reward you with much continued success. Expenses include, but are not limited to: fuel, repairs, Workers Compensation, taxes/licenses, vehicle expenses, and insurance. I will recommend you to anyone I come across. I appreciate your support. As of Summer 2020, FedEx Ground requires contractors to operate both home delivery routes and ground routes within a given service area (this is referred to as overlap). Thanks again for all your help. 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. Route Advisors operates throughout the United States and Canada matching the right BUYERS with the right SELLERS. Their are certain factors of line haul that make it different from other FedEx routes. I got back from West Virginia 3 weeks ago and everything is going great with the new business. No matter where you are, were committed to making sure transactions go smoothly regardless of distance or time zone. Posted by belacile. Linehaul runs feature: Long-distance transport, ranging from several hundred to several thousand miles. Route Advisors is not endorsed by and is not recommended by Federal Express Corporation, FedEx Ground or Amazon. Talking about the revenue and profit margins, FedEx takes a lead. ", "I am so pleased at the way things turned out. ", "Thank you for your help selling my route. Business Description. We have P&D ground and line haul routes for sale. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. Business has seen double digit organic growth since inception. . Let us give you a brutally honest, transparent view of the space before you start shopping for businesses. Route Advisors was founded in 2014. Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity (must be an INC.). Salary. There are certain factors of line haul that make it different from other FedEx routes. It is our recommendation that you hire or train someone for additional time needed off. If youre considering selling a FedEx business, call Miriam. Owners with multiple employees will need a multiple vehicle policy and workers compensation. We offer a money-back guarantee for select services. Currently grossing $2,215,135 per year and nets $232,925 as an owner of the business. Luck is when an opportunity comes along and you're prepared ", "Our agent @ Routes for Sale was knowledgeable, and very helpful throughout our buying process. Plus, we offer dangerous goods training. Seller will not entertain SBA loans. One of the most user friendly and functional for any industry. The purchase includes 3 vehicles/tractors ranging from 2012- 2015. The current owner has owned the route for 1.5 years. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. Subscribe Today! Has 4 weeks training and no . If you want to work with a responsive broker who answers the phone, returns messages, and is as invested in your success as you are, give us a call. Any shipment over 150 lbs. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. Error occurred with your registration, please try again. Spot runs mimic P&D routes. I will recommend. You assured me you could handle the sale confidentially and you kept your word. ", "Thanks for all your help throughout this sometimes troublesome transaction. Contact us anytime at any of the phone numbers or addresses listed below. I couldn't recommend him more highly. 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. Business consists of 3 routes and several employees willing to transfer if given the opportunity. Linehaul businesses with more solo runs will have margins closer to 20%-30% and those with mostly team runs may have margins upwards of 45%. ", "Thank you so much for you for finding me the perfect buyer! This not only protects the company, but also ensures protection of your business. We have decades of combined experience in logistics operations and e-commerce investments. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Estimated value is $250k. Maryville, TN (PRWEB) Nov. 1, 2013 Maryville-based Vanquish Worldwide, a Service Disabled Veteran-Owned Small Business (SDVOSB) providing global support services to the U.S. Government and the commercial market sector, announced today its award of multiple FedEx Ground Line Haul routes providing pickup and delivery services and package transport on "long haul" routes across the God bless you, and richly reward you with much continued success. Thanks!! The vehicles used in the line haul run are mostly 18-wheelers. About; Blog Posts; 855-ROUTE-55; Contact; Menu. You are awesome. I had a great team of employees and didnt want to hand them off to just anyone. (2) 2015 Freightliner Cascadia. The location of the terminal will be disclosed upon execution of an NDA. The current owner operates this business with the following vehicles that are included with the sale of the business: (1) 2018 Freightliner Cascadia One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. A family and employee owned business that treats you like family, Mr.Route is your route to success. Make sure to subscribe below to get notified on the newest lisitngs for sale in your state. Contact Route Advisors for a free consultation. We always advise that operations guarantee a minimum number of miles per week for their drivers (including those that drive unassigned runs). Also known as "Over the Road" Routes. Learn More About FedEx Routes Here! Stay in touch. But they can be an incredibly profitable investment for the right contractor. ", "I have read several good reviews on your professionalism with buying/selling routes around the U.S. so I thought I would contact you. She answered my . We're proud to set the industry standard with the lowest commissions and shortest listings. Look forward to working with you. Line haul run routes are one of the fedex routes available for sale. Please call for more information on this great business opportunity (800) 769-0927. You brought me great qualified prospects. The whole process has been nothing else but perfect. Disclaimer: The information provided in this article is for general informational purposes only and should not be considered legal advice. If you need help forming this, we recommend that you Form A Corporation Here. I wanted to thank you for your service and I hope that we can work together on future deals. Currently based in the Greater Dallas, Texas region. Seller owns multiple routes and is downsizing. The cost of linehaul routes is higher per run (as compared with a single P&D route). Business has shown consistent growth and is over 5 million in revenue. or spam folder. As a local linehaul truck driver, you will drive and return to the same Santa Fe Springs station each day. 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. Look forward to working with you. You brought me great qualified prospects. Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. This business is underpriced! I am happy with the outcome. The number of employees for each route can vary depending on the work. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. Upper Left Logistics Inc. is a FedEx Ground Contractor hiring for an experienced CDL CLASS A driver. If there are home and/or ground routes a part of that, that . Learn why FedEx Custom Critical is a great opportunity for owner operators. Drivers In Place. It is our recommendation that you hire or train someone for additional time needed off. Here are a few of our newest listings. 2023 Bizroutes INC. All rights reserved. Powered By Business has shown consistent growth and is over 5 million in revenue. I couldn't recommend him more highly. Some contractors say linehaul runs are 90% boredom and 10% terror. of our business comes from referrals & repeat business. 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. I will definitely tell others about your service. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. Review contracts. 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. Thanks!! Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. Well established routes with plenty of growth opportunity. Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. When Im ready sell my current business, youre my first call. Sign up for Route Listing Alerts in your area and be the first to know! We drive day cab and sleeper linehauls with dedicated routes servicing local FedEx stations and get back to our families safely each day. 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. Throughout the process, I was able to continue with day-to-day operations even driving my own FedEx route five days a week -- with no disruptions. Some contractors say linehaul runs are 90% boredom and 10% terror. We have updated our list of supported web browsers. 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. Salary: $0.80 per mile. Learn more about EB-5 visa and how it provides a method of obtaining a . If you do not receive the password reset message We started working with Route Advisors after listing unsuccessfully with another broker. A full-time manager is in . A confirmation email has been send to your email, Please confirm your email About Us Team linehaul runs have the highest profit margins in all of the FedEx Ground portfolio. Listings Found, Register I could not have asked for a better person to guide me through the process. Primarily deliver to residential households, Have high seasonal variability (a large part of annual revenue occurs in the 4 weeks leading up to Christmas, known as peak season), Delivers primarily to commercial businesses, Less seasonal variability than home delivery routes. FedEx Line Haul - 3 Routes . Net over $2,700 a week after all expenses including a F/T manager and drivers..Gross annual sales over $550,000..These FedEx Home and Ground Routes for sale turn out of Sanford Florida and deliver to Ormond Beach and Daytona Beach Florida..The routes include five trucks that will have clear titles at closing and the routes meet all ISP requirements.Total Price $600k.The seller is selling a portion of there business therefore 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.
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