Interested in selling your FedEx route and moving on? Buying a FedEx route may have been your way into bundling your own business, but now it’s time to retire, to move on, or to try something new. What can you do to get your FedEx routes ready to sell? Here are some handy tips to initiate the process. Continue reading Tips to Get Your Business Ready to Sell
If you have been looking to buy a FedEx route, or want to sell the one you currently have, chances are you are going to have to negotiate your route for the price you want to pay (or the price you want to receive). Whether you are on either side of the table, here are some handy negotiation tips to help give you an upper hand. Continue reading Want to Buy or Sell a FedEx Route? Use These Negotiation Tips
As the owner of a FedEx route, you have an amazing opportunity to forge your own way, with the comfortable backing of a worldwide brand (with a trusted service and a reliable product). Effectively, you become a steward of that brand and stand to benefit along the way. But, what about the expenses? Or, how much can you expect to make? Owning a route is an investment, so before you put your money where your mouth is let’s consider the numbers…
When you own a FedEx route and operate as a contractor, you can get paid in multiple ways. This level of diversification helps because it ensures that if the market ebbs and flows you can remain on your feet. Instead, what you can expect is:
- Money coming in from a flat annual rate.
- Payments for services (whether for delivery or pick up).
- Bonuses based on performance (like customer service).
All these factors in mind, the average annual profit for a FedEx route has been reported at between $30,000 – $40,000. While it might not seem like your on your way to becoming a millionaire, the best part about owning a FedEx route is that you don’t have to own just one!
In fact, the best business people own multiple FedEx routes. If you have routes in different locations, with different employees, you can continually profit from business in different areas. All of a sudden $40,000 can start to look a lot like $400,000!
While you definitely do not have to worry about marketing, brand recognition, or business, there are some expenses that come with owning your own FedEx route. The main ones include:
- The capital you will need to buy the route.
- Paying and keeping hold of employees to help run your route.
- The vehicles you will need to put on the road.
The average FedEx route costs approximately $100,000. At the same time, you can expect to employee approximately between 7 – 10 people. From there, it’s all about the little things: trucks, uniforms, decals, and software. While it might seem costly at first, it is now your business, with a consistent process, business, and brand that is going nowhere on the global market.
Making Money With FedEx Routes
Want to know the best part about owning your very own FedEx route? It’s yours. You get to own it, you get to run it, and you get to reap the spoils of your success. That is why FedEx routes are so great for both beginner and experienced investors, it all depends on your own ability to hustle. Believe in your work ethic? Well, then you’re in the right line of work.
How much can you make? It’s up to you.
“A somebody was once a nobody who wanted to and did” – John Burroughs
FedEx routes? They’re about hustle, about grind, about waking up early and going to bed late. They’re also about making time for yourself, your family, and ensuring that you prioritize the right things for you. After all, who said owning your own business had to be painful? Instead, you can gain access to an international network, constant demand, and capitalize on it. Continue reading Entrepreneur Quotes and Inspiration
Interested in purchasing your very own FedEx route? Before you put the money in to make an investment of this size, you might have some questions that need answers. This is the list of the basic questions that you might have when it comes to first getting started. From here, you should be able to determine if a FedEx route is right for you, and if you’re ready to partner with a trusted brand to grow your very own business.
What do you need to know before you secure your route? Here are the basics… Continue reading FedEx Routes: Common Q&A