FedEx contractors contemplating the sale of their routes often ask us whether there is a right or wrong time of the year to sell. Should I sell now or wait until after peak? Do route prices vary with the time of year? How do I incorporate my new route(s) into the valuation of my overall business? I need a new truck – should I purchase/lease one before the sale or leave it to the new buyer? These are just some of the questions we receive on a daily basis. We’ll do our best to answer some of those questions here…
FedEx contractors who are in the market to sell their routes will inevitably be asked to provide a number of due diligence items for the buyer. Buyers ask for this information as a way to validate the information that has been presented to them in the preliminary stages of discussion.
As with most industries, the business broker industry is extremely fragmented. Throughout our years of selling FedEx routes, we have encountered all sorts of brokers and advisors ranging from real estate agents to generalist business brokers to stay-at-home parents.
Happy Thanksgiving! It has been our pleasure helping dozens of FedEx contractors get their routes sold this year and we are truly grateful for the opportunity to do so. In the spirit of Thanksgiving, we thought it would be helpful to share some very important safety tips with your drivers. Here they are: