Entity Overview:
Long-standing P&D operation based in the Western New York market with strong
service performance and a consistent Gold MEDALS classification. The current
owner has built out a solid operational structure, including a BC and lead
driver, along with outsourced maintenance support, allowing for a streamlined
and semi-absentee ownership model with minimal day-to-day involvement
(approximately 1–2 hours per week).
The business services a fully overlapped, 2.
0 Express-integrated CSA, offering
stable volume and consistent stop flow. Following the 2.0 transition, the
operation has maintained strong performance, with improved density and a 6%
increase in revenue.
The contractor continues to run contingency volume, which
is expected to remain a yearly source of revenue.
Seller is open to assisting with the transition to ensure continuity and a
smooth handoff to a new owner. The operation includes a fleet of 17 vehicles in
good condition, primarily consisting of newer model, full delivery-spec stepvans
with a few older inherited units.
All vehicles are owned (no rentals), well
maintained, and expected to transfer free and clear at closing.
The business operates out of a local FedEx terminal with an established and
positive relationship with station management. With approximately $1.
75M in
annual revenue and $508K in SDE (Post 2.0) this represents a strong cash-flowing
opportunity for an owner-operator or group looking to expand within the FedEx
Ground network.
Gross Revenue: $1,747,887
Seller Discretionary Earnings (SDE): $508,735
FF&E: $422,700
FedEx P&D Business Model:
FedEx Pickup and Delivery (P&D) Independent Service Providers (ISPs) operate
within designated, exclusive Contracted Service Areas (CSAs) and are based at
local FedEx corporate owned terminals.
From these terminals, they manage the
pickup and delivery of packages to and from both business and residential
customers. ISPs independently acquire or lease their own vehicles and are tasked
with the recruitment, training, and management of drivers and staff.
Additionally, they oversee the planning and execution of daily operations.
ISPs
are granted contractually protected exclusive service areas under a formal ISP
Agreement (ISPA) that they enter into with FedEx Express Corporation.