Purchasing a FedEx route can be confusing but it doesn’t have to be. Because Route Advisors is here to simplify the process and walk you through every step of the way. From identifying available routes and determining their value to finding financing, Route Advisors is committed to providing the best customer experience in the industry so you can buy with confidence.
We’ve been there. We’ve run our own businesses and have a background in customer service so we know the challenges business owners face. We’ve also bought and sold our own FedEx routes. At Route Advisors, we offer you the benefit of our personal experience as well as the kind of expertise that comes from helping more than 110 clients successfully close on the sale of more than 897 routes.
One of the biggest hurdles in buying a route is getting though the FedEx approval process. Fortunately, Route Advisors has a thorough understanding of what it takes to keep your application moving – from the best times of year to apply to ensuring paperwork is filled out correctly and submitted on time. We also stay up to date in real time with the constantly changing requirements buyers are required to meet.
Curious about the benefits and challenges of owning and running a FedEx route? Want to know if owing a FedEx route is right for you? Need help securing financing? Route Advisors has built strong relationships with a variety of knowledgeable, trustworthy independent consultants who can provide you with answers to these, and many other, questions.
Our EXPERT purchase process includes expert advice on the valuation and confidential presentation of your business so that buyers understand its value, getting your listing seen by as many potential buyers as possible, vetting interested buyers, walking them through FedEx approval, and getting you to closing as quickly as possible. Route Advisors’ proprietary sales process is simple, yet extremely effective. Since 2014, we’ve helped more than 110 customers successfully close sales for 822 FedEx routes in the United States and Canada.
Connecticut is small, wealthy and densely populated, sitting between two of the largest metropolitan markets in the country. I-95 runs the coast from New York toward Rhode Island and I-91 runs north through Hartford, and much of the state’s freight is moving between Boston and New York rather than originating locally.
That produces short stem miles and high stop density in the corridor towns, and a quieter, more spread-out business in the northwest and northeast corners.
FedEx route businesses are priced on cash flow, not revenue and not route count. Across the route businesses Route Advisors currently has listed, asking prices run from 1.6x to 6.0x annual cash flow, median 3.6x; FedEx Ground P&D packages specifically run 2.7x to 5.4x.
Connecticut’s minimum wage is $16.94 an hour, one of the highest in the country and above neighbouring Massachusetts at $15.00. Labour is the dominant cost in a P&D package, so whether a package already pays at market is the first question a lender will model.
Density is the offsetting advantage and should be quantified: stops per mile, packages per hour and route completion times are what justify a Connecticut premium.
Current Connecticut inventory includes a two-run FedEx solo linehaul package in North Haven at $449,000, a two-run linehaul package at $495,000, and a Mattress Firm delivery route in Windsor at $75,000 on $40,560 cash flow.
See all current listings, or tell us the metro and the budget and we will tell you what is in play, including packages that are never published.
Contact Route Advisors for a free consultation.