3 FedEx Routes for sale in Roanoke, VA
Status: SOLD (see other available listings here)
Net After Expenses: $80,000
Location: Roanoke, VA
Trucks: 3 – All trucks required for routes included.
The net stated here is after all your anticipated expenses and should be a good estimation of your income.
There are thousands of contractors across the US and only a very small percentage is ever for sale due to extremely low turnover for contractors.
Q: Will the owner consider financing?
Unfortunately not at this time.
Q: I’m new to routes. Is this hard to learn? And is the net what I’ll actually take home the first year if I manage the business?
The owner will teach you everything about this route to be able to run it with ease. Routes become repetitive and routine very quickly. As for the money you’ll make, the net is a good estimate of the amount you’ll take home after known and expected expenses. It may be more as the route grows from the population growth of the area simply creating more demand.
Q: What sorts of startup/one time costs am I looking at on top of paying the asking price?
Any expenses you’d have if you bought a new truck. You will pay for property tax on the truck, registration and title fees on plates at the DMV (~$100). There’s no cost for training, no flying around to franchise corporation headquarters, or any other nonsense you’ll find with other businesses.
Q: Will the owner give any training?
Complete training. When you buy the route, the seller will be committed to you succeeding by introducing you to the mechanics he’s used (although you can use whomever you’d like), introduce you to other helpful drivers, and also be training you on how to manage the routes.
Q: Is there potential to buy more routes?
Yes, if other routes come available in the terminal, you can expand your FedEx business by acquiring more routes.
Q: How long does it take to run the route? What are the hours?
FedEx routes typically run Monday-Friday and/or Tuesday-Saturday and usually standard daylight hours (7am-6pm).
Q: Have routes been pulled/taken away from contractors before?
Only in extreme cases where the contractor had made violent threats, refuse (or fail) to service the area he’s contracted to and other completely insane things. It’s extremely rare, but on occasion people have gone nuts for whatever reason and lost their route.
Q: Is this a sales position?
Absolutely not. There are no competing FedEx route owners that can swoop in and steal your customers. You have a contractually and legally protected territory. You are not convincing, negotiating, or haggling with prices on anything, as these issues are already set in FedEx corporate policy. Your job is simply to make sure the packages addresses to places in your territory get delivered that day.
Q: Will I need a lawyer or accountant to do this?
Technically you don’t need a lawyer, but for many transfers it’s encouraged to use one, especially if there are contingencies beyond the transfer – only you can make the determination to utilize a lawyer or not. Route transfers are usually simple, and this is one good thing about having a huge corporation (FedEx) behind the transaction since this isn’t like another business where only you and the seller are involved. FedEx corporate structure makes sure the transfer of route contracts is done easily and smoothly. The business changes hands by a route transfer form given to management, it takes them several weeks and then the income flips to your name. You could get a lawyer, but it’s not necessary and I’ve seen other people use them much to their dismay when they delay the sale of the route and also eat you with fees. I recommend an accountant at first to help with year-end payroll and the seller will help get you established with monthly and quarterly payroll if needed.
Q: If I am ready to buy today, how long would it take to start getting the paychecks?
You need to pass a background check and have your credit approved. This can take a varying amount of time ranging from 2-8 weeks. So if you’re interested in getting involved in the profitable world of routes just email me any questions you have and I’ll answer them as soon as possible (usually 24-48 hours). Also leave your phone number.
Q: I have all the money and I’m ready to get started! What next?
Excellent. Email – Support@RouteTycoon.com or go to the contact me page and mention you’re interested in the route. Leave your number and someone should get back with you as soon as possible (usually 24-48 hours)