Listing ID: 77475
ross Country FEDEX Linehaul Routes
These FedEx Runs are poised for Growth. Currently, there is a big demand for Line haul contractors. Huge opportunity to start with small runs and grow Line haul business thru organic growth.
– Growth of FedEx doubled from 2019 to 2020.
– Line haul has highest profit margin potential in the FedEx ground space.
– Line haul pays contractor by the mile.
– Existing contractor originates from Rialto and ends in Maryland.
– Four trucks + 4 teams
– Unassigned Routes with good history of mileage.
- Asking Price: $250,000
- Cash Flow: $261,928
- Gross Revenue: $1,401,862
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Why is the Current Owner Selling The Business?
There are all types of reasons individuals resolve to sell operating businesses. Nevertheless, the real reason and the one they say to you may be 2 absolutely different things. For instance, they might state "I have too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current reduction in profits, or a range of other reasons. This is why it is very crucial that you not rely entirely on a seller's word, but rather, make use of the vendor's solution combined with your general due diligence. This will repaint an extra reasonable picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses borrow money in order to cover points such as supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that profit margins are too thin. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that need to be met or may result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in brand-new consumers? Often times, businesses have repeat customers, which form the core of their everyday earnings. Particular factors such as brand-new competition growing up around the area, roadway building and construction, and also employee turnover can influence repeat customers as well as negatively impact future revenues. One important thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business often, the better the opportunity to build a returning customer base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Exactly how might the local mean house income impact future earnings potential?