First and foremost, unless you are already a FedEx contractor, you will need to locate an existing contractor who is looking to sell. Only in rare instances are you able to acquire routes directly through the FedEx corporation.
Are you involved in multiple sectors: Ground, Home Delivery, Linehaul? Are there any pending requirements that need to be completed prior to the sale: Is your contracted service area expanding or are you inheriting any new routes in the coming future?
Another factor is financing.
Are you planning on allowing the deal to be financed or will it be a cash sale? This can increase the overall sales cycle duration. After a general understanding of all factors involved, we can create an accurate timeline to determine the estimated turnaround time.
The simple answer is any time.
There are always interested buyers that are willing to jump no matter when that may be. The obvious season to avoid would be peak. This does not mean that it is impossible to carry out a sale during or leading up to the holidays, but it is more likely that it will add time to the total process.
We typically recommend to buyers that they should start the process as early as possible in the calendar year. Steps to a Successful Sales Presentation When the time comes to put your routes in front of a buyer audience, you want your presentation to be clear and concise.
You need a marketing package that will give buyers the knowledge and confidence to make an informative decision as to the routes you are selling.
Communicate a clear description of your operation. The more specific you can be when describing your business, the easier it will be for a buyer to want to move forward with a sale. Whether you are an owner operator that drives a route or run your business semi-absentee, make sure you are up front about these details.
Present a detailed description of the assets included in the sale, namely the vehicles. Accurately describing vehicles make, model, and condition will instill trust in a buyer and help to get the deal done. If you plan on allowing financing with your deal, you may want to include figures that estimate loan values, closing costs, and debt service.
You should always have a signed non-disclosure agreement NDA with each potential buyer. Confidentiality while in the process of selling your FedEx routes should always be a focus.
Have updated vehicle maintenance records and weekly settlement sheets available for interested buyers. Putting It All Together It takes experience and hard work to create a dynamic presentation that will grab the attention of a qualified buyer.
Let our firm guide you through this process so you can show off your business in the best possible way.Primarily an airline, FedEx wanted to get into the ground business, so it acquired RPS in By , it had 16, owner-operators, who each took on a route and all the responsibilities of.
FedEx executives emphasized the advantages in network design, route density, and technology that separate established delivery companies from potential upstarts. If you are looking to hire a new manager for your FedEx business, we suggest looking within your current operation first. Promoting an assistant manager, mechanic, or driver is a great way to ensure your new manager will be familiar with the operation from Day 1.
Pepperidge Farm Bread route for sale in the Littleton, (just outside Denver) Colorado region for $,! New buyers may be required to submit a business plan outlining service levels. 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.
Sep 27, · You can get a FedEx Ground route contract if you are an independent business that is established as a for-profit corporation and are registered and in good standing in the state in which you plan. Our team and resources makes it easy to find a FedEx Route to fit your requirements, or to find a buyer when you are ready to sell a route you currently own.
Buying a Business We can help you fit into a FedEx Delivery Route or another business.