FedEx Ground Routes - Roanoke, Virginia
Pack, Ship & Postal Businesses for Sale
- Primary Category: Transportation Businesses for Sale
- Secondary Category: Freight Companies for Sale
Well established FedEx Ground Routes for sale in the Roanoke, Virginia region serving local residential and business customers. With the continuing growth in E-commerce, these routes have seen very solid double-digit growth over the past several years. The routes are currently grossing $978,000 and net over $174,000.
All routes serve the immediate Roanoke County/Roanoke City area and are minutes away from the terminal making business operations much easier.
All routes are contiguous (next to each other), making load sharing among routes efficient. The asking price includes 13 vehicles, that will transfer (free and clear) with the business. There are 13 Driver’s and a Management/Leadership team are in place and currently runs the day-today operations. Current owner is willing to provide 30 days training to insure a smooth transition to the new owner.
Backup managers are also in place for smooth operations and shared accountability. Clean books and financials, including maintenance records for vehicles are available. This business is ready to generate cash flow on day one. FedEx grows organically as package volume has shown consistent growth each year. FedEx has historically provided yearly contract rate increases.
General business ownership experience is preferred. Transportation and shipping experience is NOT a requirement. Vans are garaged at the FedEx terminal overnight and get loaded in the morning prior to dispatch.
For more information on this listing, contact: Mike Keen at (540)777-1585 or [email protected]
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at (540) 777-1585 to discover the difference with Sunbelt Business Brokers of Roanoke & Lynchburg.
Financial Information
- $550,000 Asking Price
- $174,531 Cash Flow
- $978,975 Gross Revenue
- Yes Financing
Business Location
- City: Roanoke
- State: Virginia
Reason for Sale
- Other business opportunity.
Detailed information
- Year Established: 2019
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 9
- Part-Time Employees: 4
- Contractors: N/A
- Owner Worked Hours/w: 10
- Inventory Included: No
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- FF&E Included?: Yes
- FF&E Value: $0
Training/Support
- Current owner is willing to provide 30 days training to insure a smooth transition to the new owner.
Market Outlook/Competition
- FedEx is one of the largest shipping providers in the region.
Business Listed by
Mike Keen
Sunbelt of Roanoke and LynchburgContact Business Broker
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