- July 20, 2018
- Posted by: Chris Holzgraf
- Category: Buyers and Sellers Hub
Your friend told you about this great business model that has piqued your interests. Once you learned about the opportunity to buy-in to the FedEx Ground market, you’ve turned to the internet for initial due diligence. Most likely, that’s how you landed on this blog post you’re reading.
A Sea of Information
After searching for FedEx routes for sale, you’ll be faced with lots of information coming from various points of view. Focus on sites and resources from reliable sources and more importantly, companies and individual that actually have experience in the industry. For instance, there are many brokers out there that have never stepped foot onto a FedEx terminal site or into a delivery truck. At Premier Route Consulting, we have operational experience as FedEx Ground contractors, which gives us a deeper understanding of the business.
Partner With An Expert
Once you’ve scanned enough articles and websites to get a good idea of what it will take to become a FedEx contractor, it is recommended to seek out a company that can help facilitate the process. Working with an experienced consulting partner that has experience buying and selling FedEx Ground routes, will ensure your transition into the business will be more successful than going at it on your own. There are many facets to a sale that most incoming buyers will not be aware of. Some of the most valuable benefits to working with an experience route broker include: relationships with sellers, vast knowledge of the FedEx ground sector, connections to lenders that are experienced financing route businesses, and a resource for the proper documentation and information needed to complete the transaction.
Take Your Time
“It’s a marathon, not a sprint” Although both buyer and seller will be eager to complete a deal once the wheels are in motion, we recommend a healthy due diligence period to ensure all questions are answered and information is received. When we check in with you 6 months after purchasing your new route business and you mention how happy you are with the decision to become a FedEx ground contractor, we know we’ve done our job.