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FedEx contractor advice?
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<blockquote data-quote="mc2r" data-source="post: 1114525" data-attributes="member: 46851"><p>Hello everyone,</p><p></p><p>I just joined this forum in hopes of getting inside knowledge and opinions. I searched around this website and did not find precisely what I am looking for, so forgive me if this has already been discussed and answered on another thread. I am thinking about purchasing 4-6 FedEx routes initially in my area and expand. </p><p></p><p>On the surface, common sense tells me that contracting for FedEx is a good opportunity to generate constant revenue. Everything that I read so far about growth potential appears promising. However, I am finding a lot of listings from contractors trying to dump their routes. In fact there's quite a few routes available throughout the country. One of the brokers that I talked with sold me a dream about contracting for FedEx and was eager to link me up with his client selling a very profitable business with multiple routes. Is this something that I should be running from? What am I missing here?</p><p></p><p>I am well aware of the recent lawsuits involving employee misclassification but I am not bothered by it. I've been a contractor for the past 12 years in a completely different field and done well. Of course, I still have plenty of due diligence to cover before even talking to a seller.</p><p></p><p>From a business perspective with FedEx, please let me know what you guys think. If there's any FedEx contractors out there with multiple routes please share the pros and cons.</p><p></p><p></p><p>Cheers,</p><p></p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/peaceful.png" class="smilie" loading="lazy" alt=":peaceful:" title="Peaceful :peaceful:" data-shortname=":peaceful:" /></p></blockquote><p></p>
[QUOTE="mc2r, post: 1114525, member: 46851"] Hello everyone, I just joined this forum in hopes of getting inside knowledge and opinions. I searched around this website and did not find precisely what I am looking for, so forgive me if this has already been discussed and answered on another thread. I am thinking about purchasing 4-6 FedEx routes initially in my area and expand. On the surface, common sense tells me that contracting for FedEx is a good opportunity to generate constant revenue. Everything that I read so far about growth potential appears promising. However, I am finding a lot of listings from contractors trying to dump their routes. In fact there's quite a few routes available throughout the country. One of the brokers that I talked with sold me a dream about contracting for FedEx and was eager to link me up with his client selling a very profitable business with multiple routes. Is this something that I should be running from? What am I missing here? I am well aware of the recent lawsuits involving employee misclassification but I am not bothered by it. I've been a contractor for the past 12 years in a completely different field and done well. Of course, I still have plenty of due diligence to cover before even talking to a seller. From a business perspective with FedEx, please let me know what you guys think. If there's any FedEx contractors out there with multiple routes please share the pros and cons. Cheers, :peaceful: [/QUOTE]
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