About this business
This is a well-established and highly profitable FedEx Ground delivery operation comprising 20 contiguous routes in West Palm Beach, Florida. The business comes fully staffed with one experienced driver and one truck already in place for each route, creating an efficient, turnkey operation ready to generate cash flow from day one. All routes are contiguous, enabling efficient load sharing across the portfolio. The business has demonstrated double-digit organic growth since inception, with an average annual growth rate exceeding 10%. Clean books and comprehensive maintenance records for all vehicles are included. A full-time manager is already in place, making this suitable for semi-absentee ownership. FedEx Ground provides organic growth opportunities through consistent yearly increases in package volume, plus annual inflation-adjusted revenue enhancements built into the contracts. Additional growth can be accelerated through the acquisition of new routes. The business is home-based and includes training and support resources. The asking price is $1,775,000 in cash for all routes and vehicles, with an estimated $275,000 in possible vehicle financing and $200,000 in seller financing available, for a total purchase price of $2,250,000.
Financial overview
Location
West Palm Beach, Florida
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