FedEx Ground P&D Route, Queens NY | $1.5M Revenue, Fleet Included
Business Description
This is a rare opportunity to acquire a fully operational, cash-flowing FedEx Ground Pickup & Delivery (P&D) route serving Flushing, Corona, and East Elmhurst in Queens County, New York (zip codes 11368, 11369, 11354). The business operates under an ISP Agreement with FedEx Ground, fully executed and acknowledged by both FedEx and the ISP as of April 29, 2025, with a negotiated rate schedule running through 2027.
REVENUE & TERRITORY
The route generated $1,526,198 in FedEx revenue over the trailing twelve months (May 2025-May 2026), driven by a dense urban delivery territory averaging 6,316 stops per week across 3,001 total weekly miles (429 miles/day, 43.5 miles per truck). The service schedule runs 11 routes Monday through Friday, 8 on Saturday, and 5 on Sunday. Documented net income over the same period is $520,319 (34.1% margin), reflecting a fully-loaded P&L that includes fuel, vehicle repairs, tickets, and all other operating costs. Buyers are still encouraged to conduct independent financial due diligence before closing.
CONTRACT ECONOMICS
The current weekly service charge of $6,444 increases to $6,772 in Contract Year 2 (effective May 2026) - a built-in annualized increase of roughly $17,056 with no added effort required. Additional activity-based charges (stop, package, large-package mix, eCommerce stop/package, fuel surcharge) and flat weekly charges (apparel and vehicle brand promotion) round out the contracted revenue stream through 2027.
OPERATIONS & STAFFING
Thirteen employees support daily operations under a lean, proven structure: the owner handles administration (payroll, recruiting, bookkeeping), a capable on-site manager runs day-to-day logistics and employee supervision, and one strong senior driver provides field support. All 13 drivers consistently complete routes within scheduled hours, eliminating overtime costs and protecting margins. This structure is ideal for an absentee or semi-absentee buyer.
FLEET & ASSETS
The $1,350,000 asking price includes 12 company-owned delivery vehicles with an estimated fleet value of approximately $345,000, reducing the effective cost of acquiring the revenue stream to roughly $1,005,000 - approximately a 2.6x multiple of trailing twelve-month net income. The fleet is a mix of Freightliner MT-45/46 box trucks, Ford F-59 step vans, a Chevrolet W42, a Hino, and International walk-ins (model years 1997-2016, GVWR 10,000-26,000 lbs), sized for dense urban stop-and-go delivery work.
OWNERSHIP BACKGROUND
The current owner has held the route for one year in an administrative-only capacity. With the manager and senior driver already in place and trained, this is a clean, turnkey ownership structure suited to a buyer who wants cash flow without day-to-day field involvement.
GROWTH POTENTIAL
The Flushing/Corona/East Elmhurst corridor is experiencing active multifamily and condominium development, continuing to drive eCommerce delivery volume in an already high-stop-density territory just 10 miles from Manhattan.
WHY THIS ROUTE
High stop density across the entire coverage zone maximizes revenue per mile driven
Zero overtime liability - all drivers complete routes within scheduled hours
Built-in contract rate escalation already in effect for Contract Year 2
Active residential/condo construction in the territory supports continued volume growth
$345,000 in fleet assets included, lowering the effective cost of the route
REVENUE & TERRITORY
The route generated $1,526,198 in FedEx revenue over the trailing twelve months (May 2025-May 2026), driven by a dense urban delivery territory averaging 6,316 stops per week across 3,001 total weekly miles (429 miles/day, 43.5 miles per truck). The service schedule runs 11 routes Monday through Friday, 8 on Saturday, and 5 on Sunday. Documented net income over the same period is $520,319 (34.1% margin), reflecting a fully-loaded P&L that includes fuel, vehicle repairs, tickets, and all other operating costs. Buyers are still encouraged to conduct independent financial due diligence before closing.
CONTRACT ECONOMICS
The current weekly service charge of $6,444 increases to $6,772 in Contract Year 2 (effective May 2026) - a built-in annualized increase of roughly $17,056 with no added effort required. Additional activity-based charges (stop, package, large-package mix, eCommerce stop/package, fuel surcharge) and flat weekly charges (apparel and vehicle brand promotion) round out the contracted revenue stream through 2027.
OPERATIONS & STAFFING
Thirteen employees support daily operations under a lean, proven structure: the owner handles administration (payroll, recruiting, bookkeeping), a capable on-site manager runs day-to-day logistics and employee supervision, and one strong senior driver provides field support. All 13 drivers consistently complete routes within scheduled hours, eliminating overtime costs and protecting margins. This structure is ideal for an absentee or semi-absentee buyer.
FLEET & ASSETS
The $1,350,000 asking price includes 12 company-owned delivery vehicles with an estimated fleet value of approximately $345,000, reducing the effective cost of acquiring the revenue stream to roughly $1,005,000 - approximately a 2.6x multiple of trailing twelve-month net income. The fleet is a mix of Freightliner MT-45/46 box trucks, Ford F-59 step vans, a Chevrolet W42, a Hino, and International walk-ins (model years 1997-2016, GVWR 10,000-26,000 lbs), sized for dense urban stop-and-go delivery work.
OWNERSHIP BACKGROUND
The current owner has held the route for one year in an administrative-only capacity. With the manager and senior driver already in place and trained, this is a clean, turnkey ownership structure suited to a buyer who wants cash flow without day-to-day field involvement.
GROWTH POTENTIAL
The Flushing/Corona/East Elmhurst corridor is experiencing active multifamily and condominium development, continuing to drive eCommerce delivery volume in an already high-stop-density territory just 10 miles from Manhattan.
WHY THIS ROUTE
High stop density across the entire coverage zone maximizes revenue per mile driven
Zero overtime liability - all drivers complete routes within scheduled hours
Built-in contract rate escalation already in effect for Contract Year 2
Active residential/condo construction in the territory supports continued volume growth
$345,000 in fleet assets included, lowering the effective cost of the route
About the Business
- Years in Operation
- 3
- Employees
- 13 Full-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- The sale includes a fleet of 12 box/walk-in delivery vehicles (Freightliner MT-45/46, Ford F-59, Chevrolet W42, Hino, and International, model years 1997-2016) with a combined estimated value of approximately $345,000. GVWR ranges from 10,000 to 26,000 lbs, sized for dense urban P&D work. Vehicles are equipped with FedEx-compatible scanners and onboard cameras already in daily use. The route dispatches out of FedEx Ground's station; no real estate, warehouse, or terminal is owned or required, as the carrier facility handles sort and staging. Full VIN-level vehicle records, GVWR specs, and maintenance history are available to qualified buyers under NDA.
- Market Outlook / Competition
- This route operates under an exclusive FedEx Ground ISP contract, so no competing FedEx Ground contractor services the same zip codes (11368, 11369, 11354), insulating volume from direct route-level competition. The territory covers Flushing, Corona, and East Elmhurst - dense, high-growth sections of Queens just 10 miles from Manhattan via I-495 or the 7 train (103 St-Corona Plaza). Corona is seeing continued multifamily and condo construction, fueling steady eCommerce package growth. Dense population and limited home delivery alternatives keep demand strong near draws like Citi Field and Flushing Meadows Corona Park. Broader last-mile competition comes from UPS, Amazon, and USPS, but FedEx's contracted ISP model protects this specific route's volume.
- Opportunities for Growth
- The Flushing/Corona/East Elmhurst corridor is experiencing active multifamily and condominium development, continuing to drive eCommerce delivery volume in an already high-stop-density territory just 10 miles from Manhattan.
WHY THIS ROUTE
• High stop density across the entire coverage zone maximizes revenue per mile driven
• Zero overtime liability - all drivers complete routes within scheduled hours
• Built-in contract rate escalation already in effect for Contract Year 2
• Active residential/condo construction in the territory supports continued volume growth
• $345,000 in fleet assets included, lowering the effective cost of the route
About the Sale
- Seller Motivation
- Owner pursuing other business ventures; route is fully staffed and stable.
- Transition Support
- The current owner operates in a purely administrative capacity (payroll, recruiting, bookkeeping), while a capable on-site manager runs day-to-day logistics and supervision with support from one strong senior driver. This proven structure is built for a smooth handoff and supports absentee or semi-absentee ownership. The seller is available for a negotiated transition period to walk the buyer through admin processes, FedEx ISP reporting (MyGroundBizAccount), payroll/insurance procedures, and station contacts. Because the manager and senior driver remain in place after closing, day-to-day operations continue without interruption.
Listing Info
- ID
- 2519001
- Listing Views
- 16
Listing ID: 2519001 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.
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