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Question: Is now a good time to buy a FedEx Ground Route?
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<blockquote data-quote="AlexTve" data-source="post: 1289252" data-attributes="member: 52424"><p>Hello everyone,</p><p>I am new in this business and looking to buy a 2 fedex Home Delivery routes.</p><p></p><p>As of end of 2013 this was one PSA and Supplemental rout and had Gross for 2013 $185K. After January 1 Supplemental became independent PSA. I can't verify what gross can be for 2014 but seller think it can be at less $250K for both route.</p><p></p><p>I like to buy as Non-driver owner. Two drivers and two helper willing to stay.</p><p></p><p>He ask about $180K for both route.</p><p></p><p>I wanted to know the pros and cons if this is good deal, how hard or easy to find driver?</p><p></p><p>What kind of expenses are expected beside maintenance of the 2 trucks, payroll for 4 workers and all expenses which i can see from Weekly Independent Contractor Settlement Statement?</p><p></p><p>All yours responses will be very appreciated!</p></blockquote><p></p>
[QUOTE="AlexTve, post: 1289252, member: 52424"] Hello everyone, I am new in this business and looking to buy a 2 fedex Home Delivery routes. As of end of 2013 this was one PSA and Supplemental rout and had Gross for 2013 $185K. After January 1 Supplemental became independent PSA. I can't verify what gross can be for 2014 but seller think it can be at less $250K for both route. I like to buy as Non-driver owner. Two drivers and two helper willing to stay. He ask about $180K for both route. I wanted to know the pros and cons if this is good deal, how hard or easy to find driver? What kind of expenses are expected beside maintenance of the 2 trucks, payroll for 4 workers and all expenses which i can see from Weekly Independent Contractor Settlement Statement? All yours responses will be very appreciated! [/QUOTE]
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Question: Is now a good time to buy a FedEx Ground Route?
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