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For Sale: Fedex Package Pickup Delivery Service - North San Diego County

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Current Status: In Contract     Posting #: 252917     Last Refreshed: 7/17/19     BRE License #: 00579426    
Contact: Mary Myers At 760-518-5134  -  Also Email This Contact Below
Price:  $1,750,000     Down:  Call / Email     Adjusted Net:  $500,000     Revenue:  $1,600,000    
Business Address:  None Given     City:  None Given     Zip:  92054    
Attributes:  Home Based, Training & Support, Relocatable     Cooperation With Brokers?  No

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  Description About This Posting: Fedex Package Pickup Delivery Service
Mature, profitable and expanding package delivery and Pickup business. Not a franchise. Service area is owned by contract. FedEx Ground has been operating since 1985. Current owner purchased the contract and trucks in 2016 from a previous Contractor. His current contract consists of 3 zip codes completely overlapped (owns both Home Delivery and Ground territories). Territory is contiguous, allowing for easy package adjustment amongst the trucks. FedEx Corporation markets, collects the fees, and loads the trucks each evening.

Contractor hires and trains drivers, manages truck maintenance and repairs, payroll, and load distribution. Asset sale includes new one-year renewable contract and 14 trucks. As of May 2019, Contractor has 10 trucks on daily routes with 4 additional trucks available for expansion and for Peak Delivery (Thanksgiving through Christmas). Trucks are housed free of charge in secure lot.

The new overlapped territory estimates gross revenue from 5-11-2019 through 6-5-2020 to be approximately $1,600,000 based on previous year's numbers and does not include inherent volume growth which averages 10-14% each year. Previous contract projections underestimated revenus by over $130,000 in 2017 and $215,000 in 2018.

To get more information about this Fedex Package Pickup Delivery Service business for sale in North San Diego County please phone Mary Myers (Broker - BRE License #:00579426) at 760-518-5134 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #252917 on BizBen.com. In addition to phoning Mary Myers, make sure you email Mary Myers above to get more info about this Fedex Package Pickup Delivery Service, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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