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ON-MARKET
TRUCKING COMPANIES

FedEx Ground ISP – 29-Vehicle P&D Fleet – Spokane, WA

Spokane, WA

$1.1M
Asking Price
$2.2M
Revenue
$157K
Cash Flow

Overview

Clover Leaf Transportation, Inc. operates as a FedEx Ground Independent Service Provider under ISPA No. C8886962, serving the Spokane, WA metropolitan market through terminal Station #00992.
The company maintains exclusive operational rights within Contracted Service Area ID 301606, encompassing eight fully-assigned ZIP codes and partial-ZIP urban corridors throughout the greater Spokane region. The operation maintains a 29-vehicle fleet with 23 units currently enrolled under active Schedule B designation, supported by a 22-person workforce executing 15-17 active pickup and delivery routes weekly. The current Independent Service Provider Agreement remains in effect through February 26, 2027, operating under the 2025.
06.14 contract form executed in September 2025. Financial Performance: The company generated $2,067,608 in total revenue for 2023, with trailing twelve-month revenue of $2,163,940, representing a 4.
7% year-over-year increase. Current 2026 year-to-date settlement activity indicates an annualized revenue run rate between $2.18M-$2.
43M. Revenue structure includes a guaranteed $12,000 weekly Service Charge ($624,000 annualized) complemented by activity-based stop, package, and surge charges under established rate schedules. Operational Infrastructure: The fleet maintains $311,000 in long-term vehicle financing as of year-end 2023.
Current payroll represents approximately 69% of revenue, supporting established route operations and service delivery commitments. The depreciated fleet status presents potential tax advantages and equipment upgrade opportunities for qualified buyers. Investment Opportunity: Offered at $1,150,000, representing approximately 0.
53x trailing revenue, this acquisition includes FedEx contract rights transfer and operational assets. The transaction structure requires standard ISP assignment procedures and FedEx corporate consent. The established customer base, secured territorial rights, and multi-year contract term provide operational stability and revenue predictability for qualified transportation industry investors.
This turnkey logistics operation offers immediate market entry into the FedEx Ground network with established infrastructure, trained personnel, and secured territorial exclusivity in the Spokane metropolitan market.

Key Details

Year Established2011
StateWA
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