Am interested in buying a FedEx route. Saw an informative thread started by Mark111 in '09.
Does anyone know how to contact him for follow up?
Also, does anyone have recent updated or inputs for route(s) in Dallas, Tx?
Thanks for the response. I have a lot (everything) to learn.
o What are metric FedEx uses to measure performance?
o What are the chances of losing the contract?
o Numbers I've seen look too good to be true. $200K investment buys a gross of $300K and net of $180K. Can this be right?
o what happens if a truck or driver go down...does FedEx have equip and drivers to provide?
o Can this be run as an "absentee" owner successfully?
o How can I ID owners in Dallas to talk to?
o What are main issues to contend with?
o Is there someone in FedEx I can contact? How do I find him/her?
I appreciate your help.
I can help with a few of your items. I'm looking at purchasing HD routes and have found the following:
Hope that helps some.
I am trying to pin down pricing for possible HD purchase in Alabama. Do you have any info on financial rules of thumb for valuation purposes? I'm trying to pin down price as multiple of CF, price as % of Net Settlement, CF as % of Gross or Net Settlement, etc.
Some 411 for you guys. The criteria to drive was changed a few yrs ago. It's something like you must have one year exp and within the last 6 months of driving a like vehicle. If any of you guys head over to the terminals ask about this.
I had a rough time getting a driver for December because of their rules.