FedEx ISPA - 7-ZIP Code - Patrick County, VA

Asking Price$1,850,000

Cash Flow

EBITDA$552,789

Gross Revenue$1,380,621

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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FedEx ISPA - 7-ZIP Code - Patrick County, VA


Asking Price$1,850,000

Cash Flow

EBITDA$552,789

Gross Revenue$1,380,621

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
FedEx ISPA - Virginia Market - 2.0 Integrated
SwiftShift Enterprise Inc. operates as an established FedEx Ground and Home Delivery Independent Service Provider Agreement (ISPA) contractor. The company holds ISPA No. C8886648 (version 2024.06.01) and operates from FedEx Station #00273 (Greensboro Local), providing comprehensive delivery services across a seven-zip-code Contracted Service Area in Henry County and Martinsville.

Following FedEx Network 2.0 territory optimization in August 2025, the operation underwent strategic consolidation from approximately 25 routes to a more efficient 8-9 route structure. This restructuring has enhanced operational density and service efficiency while maintaining comprehensive market coverage.

Financial Performance:
- Trailing twelve-month revenue: $1,380,622
- Reported EBITDA: $568,612
- EBITDA margin: 41.2%

The current ISPA contract extends through July 16, 2027, providing approximately 11 months of remaining contractual term at the time of listing. This established operation demonstrates consistent performance within the FedEx Ground network, leveraging the company's integrated service model to serve residential and commercial delivery requirements throughout the contracted territory.

The business represents a turnkey opportunity within the logistics sector, offering an established customer base through the FedEx network, proven operational systems, and a track record of profitable performance. The consolidated route structure provides operational efficiency while maintaining comprehensive service coverage across the designated market area.

This opportunity suits qualified buyers seeking entry into the established package delivery sector with an existing revenue stream, operational infrastructure, and contractual framework already in place.
About the Business
Years in Operation
2
Employees
11 Full-time
Facilities & Assets
SwiftShift operates from FedEx Station #00273 (Greensboro, NC) into a 7-zip CSA; no owned or leased real estate is required, per the ISPA's "as is, where is" station-access terms. The fleet: 11 company-owned vehicles (avg. model year 2014), 4 of which (2022 Chevy Express Cutaways) are FedEx-active and carry ~$76,184 of financing, retired at closing with clean titles. The remaining 7 are owned, parked, and reactivatable. Rentals supplement long-haul routes (~$77K/yr) under a $350/week unlimited-mileage agreement. A negotiated tire program runs ~$100/tire vs. ~$400-450 market. Buyer should confirm final fleet register, which trails the FY25/26 balance sheet's $349K fleet value.
Market Outlook / Competition
Operates as a FedEx Ground/Home Delivery ISP under an exclusive Contracted Service Area (CSA) — no direct competitors service the same 7 zip codes under this contract. Demand is driven by national e-commerce parcel growth (~83-85% of stops are eComm) rather than local population growth; the CSA itself (Henry County/Martinsville, VA) is a stable, modest-sized market, not a high-growth suburb. Primary competitive/market risks are structural to the ISP model: FedEx controls volume and CSA boundaries, and contract renewal terms depend on maintained MEDALS performance, not head-to-head local competition.
Opportunities for Growth
Fleet modernization is the clearest lever: only 4 of 11 owned vehicles are FedEx-active, and 2 are salvage-only; replacing aging units (~$40K/unit) reduces maintenance cost and supports insurance re-quotes. Adjacent CSA acquisition or FedEx-initiated territory reallocation offers route density gains, subject to FedEx assignment consent. Vendor renegotiation (insurance, payroll) is available to multi-entity buyers. Schedule C rate renegotiation is contractually available if FedEx redefines the CSA or mandates RFID adoption, and at the 2027 renewal for buyers with strong MEDALS performance through the term.
About the Sale
Seller Motivation
Planned exit from the outset; owner relocating out of state for family.
Transition Support
Ownership will provide a minimum 30-day post-close transition (extendable by agreement), covering route management, driver coordination, and station protocols. This includes introductions to FedEx terminal/operations contacts, a structured walkthrough of settlement reconciliation and WSW performance monitoring, and support transitioning the Authorized Officer profile. Two internal, route-familiar drivers are positioned to step into management at close. Ownership currently maintains direct field involvement (a personally-driven route, daily dispatch oversight) — this transition period is designed to hand that off smoothly, not to fill an already-vacant role.
Financing Options
Available at request
Listing Info
ID
2546927
Listing Views

Listing ID: 2546927 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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