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FedEx Discussions
Buying a Fedex Ground Route
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<blockquote data-quote="FedGT" data-source="post: 2052587" data-attributes="member: 58838"><p>Honestly I am glad you were able to build up and get out on your terms the way you wanted. I hope the same for everyone doing this. There are not many people out there anymore that buy these and hold on to it 10-20 years. I do know for 100% certainty that there are loads of buyers out there paying cash for essentially gross revenue for multiple routes. I have seen as much as 25% over gross revenue (which I do think is quite unwise). There are a lot of people out there that have the money that are buying these up in less than 2 months of being listed as available. As rough As it is sometimes there is a fair bit of money to be made and to be able to buy into a business and instantly be making money on a weekly basis is very appealing to individuals that have cash on hand. Obviously depends a lot on where you are located though too.</p></blockquote><p></p>
[QUOTE="FedGT, post: 2052587, member: 58838"] Honestly I am glad you were able to build up and get out on your terms the way you wanted. I hope the same for everyone doing this. There are not many people out there anymore that buy these and hold on to it 10-20 years. I do know for 100% certainty that there are loads of buyers out there paying cash for essentially gross revenue for multiple routes. I have seen as much as 25% over gross revenue (which I do think is quite unwise). There are a lot of people out there that have the money that are buying these up in less than 2 months of being listed as available. As rough As it is sometimes there is a fair bit of money to be made and to be able to buy into a business and instantly be making money on a weekly basis is very appealing to individuals that have cash on hand. Obviously depends a lot on where you are located though too. [/QUOTE]
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