Why would I want to buy a FedEx route business? Most people are attracted to route ownership since it has the potential to allow for working less than in their current career as well sometimes making dramatically more income. Before FedEx routes became more publicly sold, if someone was looking to escape the corporate grind …
The Ultimate Beginners Guide to Buying (or Avoiding) FedEx Routes. Read More »
The great news is that the secret is out: Routes can be obtained for free. There’s some caveats of course, but let’s get you up to speed. There’s been some recent stirring about routes that are available for free by going to the site BuildaGroundBiz.com. All you need to do is provide an RFI (Request …
Let’s Talk About RFIs, BuildaGroundBiz, And How To Get Free Routes. Read More »
So you’re probably wondering, “How much is my FedEx route worth?” and want to call up a route broker to get the answer. But most of the times when you call up a broker, they’ll promise to get you the most money possible for your route. Maybe they can get you the most money, but …
People that have never purchased a business before are always wondering, “If the business is so good, why are they selling?” It’s a great question, and sometimes you’ll find out the real answer (retiring / moving) and sometimes you won’t (bad relations with a terminal manager). This is a question that comes from a place of inexperience …
Are FedEx Routes Just Scams? Could I Be Ripped Off? Read More »
The term “net” has a crazy, convoluted history in regards to routes. As more people discover routes as a viable business to make excellent returns on their money, more buyers are stepping in and of course, more brokers as well each having a different idea of how to define “net.” With other businesses, the net usually means, …
Sometimes it feels confusing – if there’s not a lot of routes for sale, it’s unfortunate because there’s no opportunities out there. But if there’s too many routes for sale, then people begin to wonder, “Why is everyone selling their FedEx routes?!” The reality is that looking from the outside in gives some inaccurate bias. …
If you’ve ever read a forum, then you’ve wasted your time. “Bought my route last year and I can’t wait to get out of it!” “The company keeps pushing us to the limit. This route was a huge mistake.” Blah blah blah… Good ol’ forums and their infinite wisdom. You’ve probably been trying to search …
Need financing for a route? The most critical thing with a loan is it’s interest rate. But not so fast, it’s not as cut and dry as you might expect. So put down the pen for all those SBA loan applications. And while you’re at it, shred that business plan you’re drafting up for the …
Settling the debate on FedEx routes VS bread routes People often ask me whether a FedEx route or a bread route is better. The answer is, it depends on your goals. But no one likes the answer, “It depends.” Because you still don’t know what it ‘depends’ on. Both are great business opportunities, but here’s a side by …
One of the biggest questions people have for me is how much a route is worth. There’s a desire to have a hard formula that’s used around the entire country to determine if they’re buying something over or under valued. The first rule people want to use is a multiple of earnings. Something like “FedEx …
