Established FedEx P&D operation in highly desirable and rapidly growing Middle Tennessee market.

Business Overview:
This is an excellent opportunity to acquire an established FedEx Pickup & Delivery (P&D) business serving a highly desirable Middle Tennessee market that continues to experience significant population and economic growth.
The business has an established operating infrastructure, experienced management team, trained employees, substantial vehicle and equipment assets, and a proven operating history. The operation is designed to provide a new owner with an established business that can be taken over and operated immediately.
• Great mix of urban and rural routes
• Contract rates increasing yearly as well as growth

Financial Details:
• Asking Price: $1,750,000
• Annual Revenue: ~ $2.2 million
• Normalized Seller's Discretionary Earnings: ~ $475,000
• Vehicle & Equipment Assets: ~ $730,000
• ~ 25 employees
• Two experienced managers currently in place
• 18–20 routes operated daily
• Strong mix of urban and rural routes
• FedEx 2.0 integration, including FedEx Express volume
• Established operating systems, personnel, and infrastructure
• 8% organic growth in first year
• Some of the fastest growing zip codes in TN

Vehicle Details:
• 21 trucks from 2019 – 2022
• Business operates two straight trucks for bulk delivery support
• Good mix of truck sizes as well as AVPs

Employee Details:
• ~ 25 employees made up of drivers, managers and mechanic
• Managers schedule routes and take care of drivers
• Managers and mechanic drive when needed
• Operations Manager has 7 years of FedEx P&D experience