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Have Fedex Routes been taken or not renewed?
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<blockquote data-quote="fedexnubi" data-source="post: 3081129" data-attributes="member: 68480"><p>Hello, I am researching the purchase of a or a route group that will qualify for ISP and supposedly returns 27% on the purchase price with one full time manager, 11 drivers and a part time manager. I am weary of investing this much capital into the purchase of the routes without confidence that Fedex could not take my routes on a whim. My other business is highly litigious and I am concerned that a frivolous lawsuit in my other business could cause fedex to not renew, force me to sell or just take my routes away. </p><p></p><p>Does anyone on this site have any examples of routes not being renewed or taken.. and if so, what were the reasons for that action?</p><p></p><p>I understand from reading the threads that the rate of return is not supported by many of the members, I am obviously concerned about that however my main concern is how fedex could cause an asset I purchased for 1.5m to be worth nothing. If anyone has any examples of routes being taken, forced to sell or not renewed for reasons other than not delivering or picking up packages, I would greatly appreciate the information.</p></blockquote><p></p>
[QUOTE="fedexnubi, post: 3081129, member: 68480"] Hello, I am researching the purchase of a or a route group that will qualify for ISP and supposedly returns 27% on the purchase price with one full time manager, 11 drivers and a part time manager. I am weary of investing this much capital into the purchase of the routes without confidence that Fedex could not take my routes on a whim. My other business is highly litigious and I am concerned that a frivolous lawsuit in my other business could cause fedex to not renew, force me to sell or just take my routes away. Does anyone on this site have any examples of routes not being renewed or taken.. and if so, what were the reasons for that action? I understand from reading the threads that the rate of return is not supported by many of the members, I am obviously concerned about that however my main concern is how fedex could cause an asset I purchased for 1.5m to be worth nothing. If anyone has any examples of routes being taken, forced to sell or not renewed for reasons other than not delivering or picking up packages, I would greatly appreciate the information. [/QUOTE]
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Have Fedex Routes been taken or not renewed?
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