FedEx Ground Routes are not franchises at all Investors who buy FedEx Ground routes provide services as independent Contracted Service Providers (CSPs). Route owners do not operate franchises. ... All franchise owners do the same thing, owe the same fees, and receive the same benefits.
How much does a FedEx owner make?
The average salary for an Owner Operator is $74,460 per year in United States, which is 1% higher than the average FedEx Ground salary of $73,567 per year for this job.2021-06-03
Is owning a FedEx route profitable?
As you look to buy a FedEx Ground route, look for P&D businesses with profit margins between 10%-25% of revenue. These are healthy businesses! For example, if you purchase a FedEx Ground route with approximately $800,000 in revenue per year, you can expect to pull in approximately $120,000 in profit (or 15%).
How much do you need to buy a FedEx route?
An average priced FedEx Ground route for sale will require a down payment of around $150,000-$200,000, plus working capital. Higher cost routes, like our premier linehaul listings, may require down payments in excess of $1,000,000.2019-01-21
How much do FedEx franchise owners make?
How Much Can You Make Owning a FedEx Route? According to FedEx, the average revenue for a FedEx route owner is $1.5 million. There are 3,233 route owners that generate revenue of $1 million or more and the top route owner has $17 million in revenue.
How much does FedEx franchise cost?
The average cost for a FedEx route is approximately $100,000. And at the same time, you can expect to hire between 7 to 10 employees. It's all about some little things like trucks, uniforms, decals, and software.
Is it worth buying a FedEx route?
FedEx routes can be highly profitable, but they may not offer the full potential profitability of starting a business from scratch. If you invent something new or capitalize on a new market, you could conceivably make more money that way.2021-01-13
How much does it cost to own FedEx?
The average FedEx route costs approximately $100,000. Depending on the number of routes you own, whether you run one yourself, and how many drivers you need, you can expect to employ approximately 1.5 to 2 people per route.2019-10-10
How much does it cost to open a FedEx office?
The company provides franchise owners with the education and resources required to gain customers, build sales and improve profits. Investors are required to make an initial investment of between $5,000 and $40,000.2017-08-22