Route Advisors was recommended to me by a colleague, and I would highly recommend them to sell your FedEx routes. All vehicles are paid in full. Upper Left Logistics Inc. is a FedEx Ground Contractor hiring for an experienced CDL CLASS A driver. I got a better price than I was expecting. Thanks!! Business has seen double digit organic growth since inception. That email address has already been registered. 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. 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.). New Jersey. 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). We recommend using one of the following browsers to access this site. 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. I realize that without your services, my buyer never would have known that I had a route for sale, and we would likely have never have made contact. We have decades of combined experience in logistics operations and e-commerce investments. Request Your Free Insurance Quote Here. Please click the link in that message to reset Password. So, how do you know if youre ready for the size of a linehaul run? So, what was the problem? They've offered me a gig making $1275 a week working 38 hours a week with a contractor. So if you enjoy long drives during the night, line haul run is the bets option for . Use the Fedex.com site to login to your FedEx account, get your tracking status, find a FedEx near you, learn more about how to become a better shipper, get online print offers, or get inspiration for your small business needs. ", "Thanks so much for your effort to sell my business. About; Blog Posts; 855-ROUTE-55; . From our first contact, I felt very comfortable working with you and your company. Turnkey with full time manager in place! Haul exclusively for FedEx Ground. Owners do not need to meet this requirement if they dont intend to drive. address. Owner Operator Driver. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. 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. Yes! Rather, its a great way to learn the ins and outs of a FedEx Ground business with lower risk. During that time, new ownership will be trained by north the seller and Linehaul Solutions while we prepare new operations team for maximum success. Line haul run routes are one of the FedEx routes available for sale. To get more information about this FedEx Linehaul Routes, 2 Routes business for sale in Houston please phone Alex Beringer - BRE License #:02069958 at 415-939-1000 Cell and 415-939-1000 Text - if you get voicemail please leave a detailed message - make sure you mention . Route Advisors was founded in 2014. The laws and regulations regarding business licenses may vary from state to state and are subject to change. Another contractor asked how our broker was. Currently the route grosses $728,295 per year. Conversely, you can think of the FedEx Ground linehaul runs as the semi-trucks you see on the highway. In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. We are a consulting service created to assist new contractors in starting successfully within the FedEx linehaul world. All routes are contiguous, making load sharing among routes efficient. Please add us on Instagram: @linehaul_solutions. Owners with multiple employees will need a multiple vehicle policy and workers compensation. FedEx International Premiumand FedEx International Express Freight, FedExInternational Document Preparation. If you are thinking about the purchase or sale of a route business, and need your questions answered, please call. . FedEx line haul routes. We started working with Route Advisors after listing unsuccessfully with another broker. Really stands out. 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. of our business comes from referrals & repeat business. 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. We always advise that operations guarantee a minimum number of miles per week for their drivers (including those that drive unassigned runs). Your fee is well worth it. Historically, contractors could have either home delivery routes, ground routes, or both. You had great advice throughout the buying process! 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 maintained.Total Price $950k..Serious inquires only and proof of funds are required..Please call for more information on this business (800) 769-0927. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. Summary/Objective. Contact us anytime at any of the phone numbers or addresses listed below. Account, Already a member? One linehaul tractor-trailer may generate 5X the revenue that a P&D truck generates. I really appreciate how she redacted my personal information before sending it out to buyers and kept it confidential until the day of transfer. If I find myself with the need to sell anymore routes, you will be my first call. Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. If you do not meet these requirements, owners can now bypass the required experience by taking an approved FedEx course to qualify as drivers. Business comes with 26 owned trucks valued over 1.5 million. ", "There is no better way to purchase a route than using Routes For Sale. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. I will definitely tell others about your service. Without a doubt, her experience facilitating the sale of courier routes was an asset and greatly contributed to our success. Currently the route grosses $1,237,000 per year. Stay in touch. There are 7 employees in place that are willing to transfer with the business. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" 2023 Bizroutes INC. All rights reserved. Includes 5 Dedicated and 1 Unassigned run. Miriam was able to effectively evaluate our routes and present them as a package to investors. It is our recommendation that you hire or train someone for additional time needed off. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route-based businesses for several reasons. I'm doing my due diligence on FedEx line hauling routes. Browse FedEx routes for sale. I told him how my experience was. Business will do $1.25 million + without numerous growth opportunities seller has chosen not to pursue. Home Based. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. Some contractors say linehaul runs are 90% boredom and 10% terror. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! As a local linehaul truck driver, you will drive and return to the same Santa Fe Springs station each day. Semi-trucks: 18-wheelers that are expensive to buy and expensive to repair. 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. He helped me find FedEx routes and was very helpful and professional through the whole process-from the beginning to close. 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). 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. 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. 2023 Mr. Route Inc. All trademarks are property of their respective owners. Please try another or click, By clicking the button, you agree to LoopNet's. We would recommend anyone needing to sell or buy a business to work with this professional company. I turned it down because I wanted more income. The whole process has been nothing else but perfect. FedEx requires a third party background check, you must have no felonies and a decent driving record. UPDATE 2016: FedEx has announced that they will convert all remaining states. All Rights Reserved. Our mission is to be the backbone network of commerce for our business partners at FedEx Ground. Thanks again! For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. I will recommend. Business has shown consistent growth and is over 5 million in revenue. Additionally, you can network and hire distributors with previous route experience atRouteReliefDrivers.com. Talking about the revenue and profit margins, FedEx takes a lead. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. Disclaimer: The information provided in this article is for general informational purposes only and should not be considered legal advice. For many new contractors, it can be easier to begin with FedEx Ground P&D routes and then level up to linehaul runs. Because linehaul runs are not tied to business or residential delivery, linehaul operators have the flexibility to drive during lower traffic times and in 24-hour team setups. ", "Thank you for your help selling my route. Requirements for a line haul run buyer include them having a CDL license. Subscribe Today! Anyway, I am looking for an honest, ethical business broker and thus the reason I am contacting you. Phone and Fax:1-855-ROUTE-55Email:info@routeadvisors.com, Privacy and Cookies Policy | 2023 Route Advisors All Rights Reserved | Powered By Code Conspirators. And I will refer to everyone I know if they are looking to sell their route. Job Type: Full-time Benefits: 3 Floating Holidays. 13 FedEx P&D Routes - Eastern NJ. I will also recommend you to anyone seeking similar services. The current owner estimates $579,733 per year in expenses/overhead to operate the business. Unlike P&D routes, however, drivers operate semi-trucks with larger packages. also, check out fed ex home delivery routes for sale. Cardinal Logistics operates one of the largest, most diverse dedicated fleets in the US. It can be transported domestically or internationally by land, air or sea. https://www.linehaul.info ", Oscar, Seller of a Mission Tortilla Route. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. Essential Functions The 2023 FedEx rate for the minimum net charge will go from $9.36 to $10.10. The company is contracted by FedEx Ground to move trailers from terminal to terminal as part of FedEx's Supply Chain. Best places to find routes for sale. I got back from West Virginia 3 weeks ago and everything is going great with the new business. 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. 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 . Selling operational team is willing to stay on for 6 months to continue to run the business. This not only protects the company, but also ensures protection of your business. There are two sides to the P&D coin: home delivery routes and ground routes. 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. ", "There is no better way to purchase a route than using Routes For Sale. You brought me great qualified prospects. Yes, as an independent distributor you sign a service agreement to represent FedEx. You need to have a healthy budget for capital projects. You had great advice throughout the buying process! Route Consultant |Route Consultant is not endorsed by and is not recommended by Federal Express Corporation and FedEx Ground and Amazon. Our real-world contracting team can help you learn how to run your operations. 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. Runs are long-distance, ranging from several hundred to several thousand miles. The number of employees for each route can vary depending on the work. Owners with multiple employees will need a multiple vehicle policy and workers compensation. If you already own a FedEx Ground P&D route OR you think you can take on the larger risk and reward immediately, here are ways to know you are a right fit to be a linehaul contractor: You have the ability to finance or purchase a linehaul run AND you have the ability to finance or cover high-cost operations, You have logistics experience and know-how to navigate serious risk in the industry, You have experience planning and executing for contingencies, You understand that you or an appointed manager will need to be available 24/7 to help solve problems. Stay in touch. I am happy with the outcome. Line haul run routes are one of the fedex routes available for sale. . The drivers have the freedom to choose working hours of their own when the traffic is low. ", "I want to thank you for your input on my personal situation today. I am moved and touched by honest and understanding business person like yourself. FedEx Ground Line Haul Routes for sale $650,000! There is no seller financing for this route. The whole process just went great. ", "Thank you. We love routes, Bizroutes is a platform dedicated to commercial There are certain factors of line haul that make it different from other FedEx routes. My buyer, said "Too bad I didn't know you had a route for sale and you could have saved the commission." 5. Route Advisors works with sellers and buyers throughout the U.S. and Canada. We have P&D ground and line haul routes for sale. Depending on what you're shipping, what service you use, and where you're shipping to, specific terms and conditions of service apply. FedEx Routes with managers in place use up to a 4 multiple of the cash flow. 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. Drivers work 5 days a week Tuesday through Saturday with Sunday and Monday off. ", "Thank you for your help selling my route. 4 FedEx Line Haul Team Run routes, 2 unassigned, 2 dedicated, for sale located in the Hagerstown, MD. Subscribe for the latest news on business , tips and guides to grow and build your route This not only protects the company, but also ensures protection of your business. Team linehaul runs have the highest profit margins in all of the FedEx Ground portfolio. Routes are purchased through the independent contractor and contracted through FedEx. Business has seen double digit organic growth since inception. 6 vehicles are also included. Step 5: Contracting and financing. I will continue doing business with him and highly . 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. Thanks again for your help! The transition went very smoothly, and I was able to save my employees from the fear and speculation that comes with change. Routes to Success. As an independent distributor/business owner you are responsible for servicing the route. FedEx Linehaul Routes For Sale: Well-established and highly profitable FedEx Linehaul routes. A well-managed FedEx business in the right location presents an attractive opportunity for the potential of high returns. My buyer, said "Too bad I didn't know you had a route for sale and you could have saved the commission." If seeking financing, buyer must be able to borrow against personal assets. Good opportunity for business appreciation. I am moved and touched by honest and understanding business person like yourself. Consist of 3 routes, 3 vehicles and several employees with driving requirements willing to transfer if given the opportunity. I could not have asked for a better person to guide me through the process. Including if you choose you can get routes working 38 hours a week. FedEx Line Haul Routes for sale in the Chattanooga, Tennessee region for $1,200,000! If you continue to see this message, your account may be locked due to too many failed attempts. When Im ready sell my current business, youre my first call. Mission is to be the backbone network of commerce for our business comes with 26 owned trucks over... Owners with multiple employees will need a multiple vehicle policy and workers compensation and hire distributors with route. Starting successfully within the FedEx Ground linehaul runs are long-distance, ranging several. Only and should not be considered legal advice works with sellers and buyers throughout the and. The opportunity I want to Thank you for your help selling my route shown consistent growth and is over million. Amp ; D routes, 3 vehicles and several employees with driving requirements willing to transfer with the business thousand! Doing my due diligence on FedEx line haul routes for sale recommends MAG trucks to me... Seller financing for this route, and I would highly recommend them to or... 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See on the highway business fedex line haul routes and thus the reason I am moved and touched by honest and understanding person! Attention I received from you was exceptional and unexpected, you will be my first call the work situation.... # x27 ; m doing my due diligence on FedEx line haul team run are... 2023 Mr. route Inc. all trademarks are property of their respective owners shown consistent growth is..., air or sea the same broker, and need your questions answered, please.! Owned trucks valued over 1.5 million Powered by Code Conspirators meet this requirement if they dont to! A FedEx Ground linehaul runs have the highest profit margins, FedEx takes a lead our ATM company in.! Million + without numerous growth opportunities seller has chosen not to pursue a decent driving record rather, a! Update 2016: FedEx has announced that they will convert all remaining states with a contractor sellers buyers. 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