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FedEx first route
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<blockquote data-quote="Nick9075" data-source="post: 959280" data-attributes="member: 38606"><p>I have been in the process of purchasing an ISP consisting of 4 ground routes (probably will be 5 by end of this year) in that services one of the wealthiest counties in the USA in the northeast.. The Numbers (at least for ground) are all obtainable thru the FedEx website (the contractors or ISP portal) so I don't know why you are saying the numbers are false or inflated. This ISP is already over $107,000 as of the end of March. Last year gross was $472,000, likely it will exceed that this year.. Asking price originally was 340K late last year, dropped to $305K. I pushed back at the deal in January and now the seller is willing to do it at 265K cash. </p><p></p><p>One route with one driver wouldn't make sense. If it grosses say $100,000 subtract expenses and you are barely breaking even. I already subtracted 50% of the reported net because of taxes, other incidental expenses & health insurance for myself.</p></blockquote><p></p>
[QUOTE="Nick9075, post: 959280, member: 38606"] I have been in the process of purchasing an ISP consisting of 4 ground routes (probably will be 5 by end of this year) in that services one of the wealthiest counties in the USA in the northeast.. The Numbers (at least for ground) are all obtainable thru the FedEx website (the contractors or ISP portal) so I don't know why you are saying the numbers are false or inflated. This ISP is already over $107,000 as of the end of March. Last year gross was $472,000, likely it will exceed that this year.. Asking price originally was 340K late last year, dropped to $305K. I pushed back at the deal in January and now the seller is willing to do it at 265K cash. One route with one driver wouldn't make sense. If it grosses say $100,000 subtract expenses and you are barely breaking even. I already subtracted 50% of the reported net because of taxes, other incidental expenses & health insurance for myself. [/QUOTE]
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