Hot Listing

23 FedEx P&D Routes- North Eastern North Carolina

Asking Price$2,225,000

Cash Flow
$712,492

EBITDA$712,492

Gross Revenue$3,210,496

InventoryNot Disclosed

FF&E$968,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

23 FedEx P&D Routes- North Eastern North Carolina


Asking Price$2,225,000

Cash Flow
$712,492

EBITDA$712,492

Gross Revenue$3,210,496

InventoryNot Disclosed

FF&E$968,000
Included in asking price
Real EstateNot Disclosed

Business Description
Profitable FedEx Business in Northeastern North Carolina
Business Overview:
• Contracted Service Area (CSA) operating out of Northeastern North Carolina
• Route mix includes 60% E-Com(Residential) and 40% Ground(Commercial) Pickup & Delivery services.
• Currently operating 23 P&D routes, servicing 70% rural and 30% urban territory.
• Seven-day dispatch schedule, with only one route operating on Sundays.
• The business was founded in April 2021 and has maintained Silver medal status.
• FedEx 2.0 integration is effective January 1, 2025, offering opportunities for optimization and operational alignment

Financial Details:
• 2025 PCAT Revenue: $3,210,496
• 2025 Projected EBITDA: $712,492 (22.09%). The 2024 EBITA% % number was used due to the increase in volume.
• Comprehensive Financials available
• Equipment Value: $968,000

Vehicle Details:
• 32 trucks included in the sale, all owned outright with clear titles.
• Fleet consists of late-model vehicles, including 2023–2022 Chevrolet and Ford cutaways, P1000 units, and Freightliner P1200s.

Employee Details:
• 28 total employees, including 3 operational managers
• Two managers drive 75% of the time, with 2 years and 11 years of FedEx experience, respectively.
• The owner is fully absentee, with no driving responsibilities, allowing hands-off ownership.

Asking Price:
• $2,225,000
• The business is SBA loan eligible for qualified buyers.
• Terms and financing options are subject to buyer qualifications, collateral, and closing timelines.
• The seller is selling the business to pursue other business ventures.
About the Business
Years in Operation
4
Number of Employees
28
Currently Home Based
Yes
Facilities & Assets
The fleet comprises 32 trucks, all of which are owned and maintained to meet FedEx’s safety and reliability standards. These vehicles include newer models such as 2023 and 2022 Chevrolet and Ford cutaways, along with high-capacity Freightliner P1200 units.
Market Outlook / Competition
FedEx 2.0 Integration: Increased package volumes and efficiency. - E-commerce Growth: Steady demand from online shopping. Scalable: Opportunities to expand with additional routes. Cons: - Remote Ownership: May require a high-cost operations manager if managed remotely. - Competition: Staffing and operational excellence are critical in a competitive market.
Opportunities for Growth
This business serves a prime portion of North Carolina, with strong demand driven by the continued growth of e-commerce. While competition exists in the logistics sector, FedEx’s established reputation, integrated infrastructure, and robust customer base give this business a competitive edge in the market
About the Sale
Seller Motivation
The seller is selling the business to pursue other business ventures
Transition Support
The current owner will provide hands-on training and support to ensure a smooth transition. This includes operational guidance, driver management tips, and assistance with understanding FedEx systems and procedures. The stable and experienced team of drivers, led by a dedicated lead driver, will remain post-sale, providing continuity for the new owner.
Financing Options
The business is SBA loan eligible for qualified buyers. Terms and financing options a
Listing Info
ID
2392841
Listing Views
2909

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Business Listed by: Kris Oldham Steve Ramsthel

Listing ID: 2392841 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.