You should see your contract for any additional requirements. If you plan on driving, you will have to meet FedEx’s driving safety rules. Not only do they own the route, but they also drive and deliver packages regularly or from time to time when their employees call out sick or are unavailable. Most owners of FedEx routes are owner-operators.
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For example, you and your employees will have to wear FedEx uniforms, and the drivers you hire will need to satisfy FedEx’s driving safety rules. Accounting: Accounting and bookkeeping responsibilities such as payroll and business taxes are managed by the contractor.Īlthough you are an independent business owner and will oversee the day-to-day operations of the route, you must also comply with certain FedEx rules.Benefits: Route owners will be responsible for offering insurance and retirement plans (if applicable).HR: All hiring, training, and employee retention is the responsibility of the route owner.Equipment: Contractors are responsible for buying or leasing equipment such as vehicles, as well as maintaining that equipment.Some of the logistics a FedEx contractor is responsible for are: Additionally, FedEx requires that your business is set up as a Corporation. This means you are not an employee of FedEx and will not receive health insurance, a retirement plan, or other benefits from FedEx.
To own a route with FedEx, you will have to sign a contract with FedEx and become an independent contractor. However, most usually become interested in the opportunity because of a background in logistics, shipping, or management. You don’t need such experience to own a FedEx route. Minimum Eligibility to Own a FedEx RouteĬontrary to what you might think, most people who buy FedEx routes don’t have driving or trucking experience, and that is OK. This will give you valuable insight into problems that may arise in the field such as unhappy employees, poorly maintained vehicles, and other logistics that likely won’t be covered in conversations with the seller. Most industry experts recommend not buying a route without riding it first. Capital Route Sales : Broker that lists FedEx routes with about a dozen listings at the time of this writing.Īlthough finding the right route may prove challenging, it’s important to do due diligence when a route that meets your criteria does become available.Routes to Success : Broker that lists FedEx routes for sale in NY, GA, NJ, PA, SC, TX, VT, with about a dozen listings at the time of this writing.BizQuest : Business listings website listing nationwide FedEx routes for sale, with about 300 at the time of this writing.BizBuySell : Business listings website listing nationwide FedEx routes for sale, search “FedEx” using advanced search feature.Maintains a targeted buyer’s list with nearly 10,000 buyers that are notified when specific routes come up for sale. KR Capital : Broker that lists nationwide FedEx routes for sale, with about two dozen at the time of this writing.Some of the top sites that list FedEx routes for sale are: Brokers like KR Capital maintain targeted buyer lists and can notify buyers when new routes come up for sale that meet their criteria. Another common method for finding a FedEx route for prospective owners that don’t have existing industry experience or contacts is through business brokerage sites. While FedEx lists routes for sale at its website,, at the time of writing this article only a dozen or so routes were listed. Prospective route owners that have contacts in the shipping or logistics industries can tap their network to determine what routes are for sale that might be of interest to them. One common method is through word-of-mouth.
Visit Guidant Where to Find FedEx Routes for SaleįedEx routes for sale can be found a number of different ways. Set up a free, no-obligation consultation today. If you don’t have the means to buy your own FedEx route, why not consider using your retirement funds to jump-start your company? Guidant will help you invest your retirement funds into your business without paying early withdrawal penalties. These entrepreneurs hire and train delivery personnel, purchase and maintain vehicles and other equipment, and oversee the day-to-day operations on their route. Much of FedEx’s success is due to the over 12,000 independent business owners who own the routes and deliver and pick up packages, keeping the FedEx machine running smoothly.
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