Description

Ground Freight – FedEx Line Haul Business available in Southern California. Three Dedicated team routes averaging over 5000 miles per week each. Includes three 2016 model tractors and 6 long term drivers. 2015 revenue $1,147,906 with an adjusted net of approximately $358,000. Projected 2016 revenue should exceed $1,200,000. Asking $1,295,000.

The business could be operated from a home office and the Seller works less than 15 hours per week. Will train for 4 weeks at no cost. Seller started business in 2013. Value of all equipment is approximately $325,000 and seller is open to selling the routes without the tractors.

Expansion of the business could be achieved by adding trucks and purchasing other existing contracts. Great business for the entrepreneur that does not want to work long hours. Owner could live anywhere in Southern California. Very good return on investment for a modest effort. Great add on to existing FedEx business.

Competition is limited to other contract owners. FedEx negotiates new rates yearly and historically with increases. As long as you perform in accordance with the contracts, renewal is generally not an issue.

Posted Oct 20, 2016

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