Hi,
I'm talking with an owner of 3 PSAs and 2 supps in North Carolina. He is looking to sell (but stay on as manager of the routes).
I'm considering this and trying to figure out if this is a business I want to invest in and if so, what the price would be.
At the moment, I'm going through his FedEx settlement sheets. In April, he sold a supplemental to another owner at the same depot. However, I can't seem to figure out how to subtract that supplemental out of the numbers (to figure what revenue would have been without that supplemental). It seems like supplementals just get blended into the primary PSA -- making it very difficult to separate.
So my questions are:
Is there a way to separate PSA and supplemental numbers?
What is the formula FedEx uses to calculate the revenue? (I assume it is a formula based primarily on pickup stops/packages and delivery stops/packages.)
Dan
I'm talking with an owner of 3 PSAs and 2 supps in North Carolina. He is looking to sell (but stay on as manager of the routes).
I'm considering this and trying to figure out if this is a business I want to invest in and if so, what the price would be.
At the moment, I'm going through his FedEx settlement sheets. In April, he sold a supplemental to another owner at the same depot. However, I can't seem to figure out how to subtract that supplemental out of the numbers (to figure what revenue would have been without that supplemental). It seems like supplementals just get blended into the primary PSA -- making it very difficult to separate.
So my questions are:
Is there a way to separate PSA and supplemental numbers?
What is the formula FedEx uses to calculate the revenue? (I assume it is a formula based primarily on pickup stops/packages and delivery stops/packages.)
Dan