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Question: Is now a good time to buy a FedEx Ground Route?
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<blockquote data-quote="ATLFedEx" data-source="post: 849399" data-attributes="member: 35587"><p>bbsam and drwheat - </p><p>I would love to hear your thoughts. We are currently under contract (but have several viable "contract terminations" within the offer) for 3 Home routes and 1 Supplemental which is supposed to be transferred to a dedicated soon (we have a clause in the contract to escrow the difference until the route is converted). They show net ~ $2,500 per week with the current configuration, but claim net will be $3,800 with the conversion of the supplemental to a dedicated - we are finding it hard to believe this. </p><p>We are not drivers, so we would be non-driving contractors. We have started and run other businesses before, so this is a new venture for us. Our backgrounds are also in banking, so we have a good understanding of how to underwrite a deal. Would you email me at <a href="mailto:btve83@gmail.com">btve83@gmail.com</a>? I am interested in hearing your thoughts about this purchase. Thanks.</p></blockquote><p></p>
[QUOTE="ATLFedEx, post: 849399, member: 35587"] bbsam and drwheat - I would love to hear your thoughts. We are currently under contract (but have several viable "contract terminations" within the offer) for 3 Home routes and 1 Supplemental which is supposed to be transferred to a dedicated soon (we have a clause in the contract to escrow the difference until the route is converted). They show net ~ $2,500 per week with the current configuration, but claim net will be $3,800 with the conversion of the supplemental to a dedicated - we are finding it hard to believe this. We are not drivers, so we would be non-driving contractors. We have started and run other businesses before, so this is a new venture for us. Our backgrounds are also in banking, so we have a good understanding of how to underwrite a deal. Would you email me at [email]btve83@gmail.com[/email]? I am interested in hearing your thoughts about this purchase. Thanks. [/QUOTE]
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Question: Is now a good time to buy a FedEx Ground Route?
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