The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

Anybody own FedEx routes? Good business to get into?

Idea threads

jeffkelly78

New Contributor
User Power
Value/Post Ratio
50%
Mar 15, 2023
4
2
I've been researching into FedEx routes for some time now. Looks like you can make about 40k per route... which isn't much on it's own, but if you own several routes, you can make quite a bit of money.

Was looking into some of these for instance:

FedEx Routes for Sale | Capital Business Solutions

and these:

Routes for Sale - Route Consultant

But they're a bit out of my price range... but just an example, on Route Consultant, I saw a FedEx route business selling for $299k and making 90k a year... in a little over 3 years it's paid off, and then you're making some decent bank...

Believe FedEx sells some directly on their site as well...

Just wondered if anyone had experience in this, and if so, how has it turned out for you as a business idea?

Thanks!
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

BizyDad

Heavy Industry helped me achieve overnight results
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
333%
Oct 7, 2019
1,976
6,579
Phoenix AZ
I've never heard of this. What are you actually buying when you buy a route?
Trucks. Employees. And a geographic area where your customers are located.

Click on the link and you can see what's for sale.

I've been researching into FedEx routes for some time now. Looks like you can make about 40k per route... which isn't much on it's own, but if you own several routes, you can make quite a bit of money.

Was looking into some of these for instance:

FedEx Routes for Sale | Capital Business Solutions

and these:

Routes for Sale - Route Consultant

But they're a bit out of my price range... but just an example, on Route Consultant, I saw a FedEx route business selling for $299k and making 90k a year... in a little over 3 years it's paid off, and then you're making some decent bank...

Believe FedEx sells some directly on their site as well...

Just wondered if anyone had experience in this, and if so, how has it turned out for you as a business idea?

Thanks!

3 years to recoup sounds ok in theory. But I've been seeing a lot more of these popping up and available.

What did the owners know that we don't?

Maybe their trailing revenue was increased by a boom any commerce while everybody stayed home.

Maybe we are facing higher gas prices on a sustainable time frame and they want to get out early.

Maybe the cost of truck parts has increased.

And at the end of the day, you are still beholden to the FedEx ecosystem. While Amazon is expanding into the space.

I have no expertise in the space, but my gut tells me there are too many cents violations to be worthwhile. I think if you're buying a business, there are probably better opportunities out there.

Side note...

I do know based on a client's experience that Amazon has been hoovering up anyone with driving experience. My client spent months trying to fill a position. Your labor pool is probably a lot more competitive than it used to be.
 

jeffkelly78

New Contributor
User Power
Value/Post Ratio
50%
Mar 15, 2023
4
2
Trucks. Employees. And a geographic area where your customers are located.

Click on the link and you can see what's for sale.



3 years to recoup sounds ok in theory. But I've been seeing a lot more of these popping up and available.

What did the owners know that we don't?

Maybe their trailing revenue was increased by a boom any commerce while everybody stayed home.

Maybe we are facing higher gas prices on a sustainable time frame and they want to get out early.

Maybe the cost of truck parts has increased.

And at the end of the day, you are still beholden to the FedEx ecosystem. While Amazon is expanding into the space.

I have no expertise in the space, but my gut tells me there are too many cents violations to be worthwhile. I think if you're buying a business, there are probably better opportunities out there.

Side note...

I do know based on a client's experience that Amazon has been hoovering up anyone with driving experience. My client spent months trying to fill a position. Your labor pool is probably a lot more competitive than it used to be.

I feel like these have always been available (FedEx routes). Seems to be as if some percentage of them is always changing hands.

The drop in the ecommerce boom is a valid concern... maybe I should wait a bit and keep an eye out till things stabilize a bit more...

As to Amazon, do they sell routes? Or do you mean just to drive / deliver for Amazon?
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Must Read Books...

must read books
Download FREE and share!
Download
Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top