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FedEx Discussions
First time Poster/Buyer, Looking for some Guidance
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<blockquote data-quote="HopefulBuyer" data-source="post: 1698697" data-attributes="member: 58971"><p>I was recently given an offer to buy 2 local FedEx routes, 1 Ground, 1 HD. The current owner/driver makes it sound like a money making machine, but there has to be a reason he is selling. He claims he is too old and just ready to be done. I have tried to do my own research, but I just don't know what I need to look for. Here are some of the questions I have thought of that I need answers to. </p><p>Is there a way to find out the volume of said routes?</p><p>It is my understanding that FedEx pays per stop/pickup, if that is true how much, or how do I find that number?</p><p>How do I find out if it is IC or IPS?</p><p>The Current owner gave me his selling price which is negotiable, but I want to know how I can get a fair market value of the routes?</p><p></p><p>What other questions do I need answers to before even considering purchasing these routes?</p><p></p><p>Any help would be appreciated.</p></blockquote><p></p>
[QUOTE="HopefulBuyer, post: 1698697, member: 58971"] I was recently given an offer to buy 2 local FedEx routes, 1 Ground, 1 HD. The current owner/driver makes it sound like a money making machine, but there has to be a reason he is selling. He claims he is too old and just ready to be done. I have tried to do my own research, but I just don't know what I need to look for. Here are some of the questions I have thought of that I need answers to. Is there a way to find out the volume of said routes? It is my understanding that FedEx pays per stop/pickup, if that is true how much, or how do I find that number? How do I find out if it is IC or IPS? The Current owner gave me his selling price which is negotiable, but I want to know how I can get a fair market value of the routes? What other questions do I need answers to before even considering purchasing these routes? Any help would be appreciated. [/QUOTE]
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