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Buying a route as investor
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<blockquote data-quote="InvisibleCow" data-source="post: 861927" data-attributes="member: 36346"><p>Hi guys, </p><p>I'm new to this forum so apologize if my question is against the board etiquette.</p><p></p><p>I see there are lot of FedEx ground routes for sale due to the likely switch to ISP model. I'm getting an offer for 3 FedEx ground routes (all owned by same owner). It seems like a good deal (not too good to be true kind) and I have an FedEx experienced person who is willing to move to other state to be the manager. The question is do you think one can run a route as absentee owner? I have good faith in the manager but is there anything I should be aware of that might get me in trouble with Fedex?</p><p></p><p></p><p>Thanks in advance.</p></blockquote><p></p>
[QUOTE="InvisibleCow, post: 861927, member: 36346"] Hi guys, I'm new to this forum so apologize if my question is against the board etiquette. I see there are lot of FedEx ground routes for sale due to the likely switch to ISP model. I'm getting an offer for 3 FedEx ground routes (all owned by same owner). It seems like a good deal (not too good to be true kind) and I have an FedEx experienced person who is willing to move to other state to be the manager. The question is do you think one can run a route as absentee owner? I have good faith in the manager but is there anything I should be aware of that might get me in trouble with Fedex? Thanks in advance. [/QUOTE]
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