FedEx Nine Solo Runs For Sale - Middletown, CT
Business Description
FedEx Nine Solo Runs For Sale - Middletown, CT
Established FedEx Ground Contractor Operation - Nine Solo Routes
This well-established transportation business represents a turnkey FedEx Ground contractor operation serving the Middletown, Connecticut market in Fairfield County. Operating continuously for 16 years, the company has built a stable foundation within the logistics and delivery sector.
Operational Overview:
The business operates nine dedicated solo delivery routes under contract with FedEx Ground, providing consistent revenue streams through established service agreements. The operation maintains a fleet of nine commercial delivery vehicles valued at $550,000, all owned free and clear of liens or financing obligations.
Financial Performance:
The company generates net earnings of $550,000 annually, demonstrating strong operational efficiency and market positioning. The asking price of $2,339,995 represents a 3.28x earnings multiple, reflecting the stability and cash flow characteristics typical of established logistics operations.
Staffing and Management:
The business employs nine drivers, one for each route, ensuring consistent service delivery. Current ownership provides hands-on management oversight, with established operational systems and procedures in place.
Assets Included:
The sale includes all nine commercial delivery vehicles, representing significant tangible asset value. The fleet ownership structure eliminates ongoing financing obligations and provides immediate operational capability for the acquiring party.
Transaction Details:
The owner is relocating, creating this strategic divestiture opportunity. Potential owner financing may be available to qualified buyers, facilitating transaction completion for suitable candidates.
This represents an opportunity to acquire an established logistics operation with proven performance history, contracted revenue streams, and substantial fleet assets in a stable Connecticut market.
This well-established transportation business represents a turnkey FedEx Ground contractor operation serving the Middletown, Connecticut market in Fairfield County. Operating continuously for 16 years, the company has built a stable foundation within the logistics and delivery sector.
Operational Overview:
The business operates nine dedicated solo delivery routes under contract with FedEx Ground, providing consistent revenue streams through established service agreements. The operation maintains a fleet of nine commercial delivery vehicles valued at $550,000, all owned free and clear of liens or financing obligations.
Financial Performance:
The company generates net earnings of $550,000 annually, demonstrating strong operational efficiency and market positioning. The asking price of $2,339,995 represents a 3.28x earnings multiple, reflecting the stability and cash flow characteristics typical of established logistics operations.
Staffing and Management:
The business employs nine drivers, one for each route, ensuring consistent service delivery. Current ownership provides hands-on management oversight, with established operational systems and procedures in place.
Assets Included:
The sale includes all nine commercial delivery vehicles, representing significant tangible asset value. The fleet ownership structure eliminates ongoing financing obligations and provides immediate operational capability for the acquiring party.
Transaction Details:
The owner is relocating, creating this strategic divestiture opportunity. Potential owner financing may be available to qualified buyers, facilitating transaction completion for suitable candidates.
This represents an opportunity to acquire an established logistics operation with proven performance history, contracted revenue streams, and substantial fleet assets in a stable Connecticut market.
About the Sale
- Seller Motivation
- Relocating
Listing Info
- ID
- 2534636
- Listing Views
Listing ID: 2534636 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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