FedEx Ground Routes, Perrysburg, Ohio

Business Description

26 Zip Code Fed Ex Ground Routes out of the Perrysburg, Ohio FedEx Depot; 33 Delivery Trucks and Vans; 1 Tow Truck; an Office and Repair Center Building; and 4 Managers. All set up in 4 companies: 2 companies with FedEx Contracts; 1 Company Leasing Trucks and Vans; and 1 Service & Repair Company.

Financial Performance

Gross Revenue exceeding $5.8M

Adjusted EBITDA/SDE of $770+k

Why a Great Opportunity – Major Attributes

*Turn-Key Management Team and Staff

*Recently renewed FedEx Contracts

*Newer and well-maintained fleet of vehicles

*Service, Repair, & Tow + office Facility

*Owner with almost 20 years of FedEx experience offering transition and training.

*More than $1M of Vehicles & Equipment

Staff:

Typically – 4 Managers; 35 to 40 Drivers; 3-4 runners/jumpers; Part-time mechanic and part-time office person.

Peak season - 20 additional Drivers and 2 additional runners/jumpers.

Reason For Selling, Transition/Training, And Non-Compete

Owner desires to retire and/or pursue something on a much smaller scale. He is willing to provide transition and training assistance plus an appropriate Non-Compete.

Asking Prices

Business: $3.1M

Real Estate: $150,000