mc2r
New Member
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,
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,
