Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
FedEX buying back Ground Routes
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="FedExGround" data-source="post: 939793" data-attributes="member: 40248"><p>Nick,</p><p>Have an account look over the books and have a lawyer look over the FedEx contract and the buyer/seller agreement. Net income is almost always overstated. Ask the owner why he is selling. Retirement, cash for another business investment, or a medical situation are acceptable reasons to sell, but even if th business is not easy ask yourself who walks away from 100k + a year for even 25 hours of very hard work a week? I'm looking at a situation now where the owner is claiming 3k a week net and has a manager running the show and he still wants to sell. Also keep in mind that for the number of FedEx ground routes in the US a small number come up for sale.</p></blockquote><p></p>
[QUOTE="FedExGround, post: 939793, member: 40248"] Nick, Have an account look over the books and have a lawyer look over the FedEx contract and the buyer/seller agreement. Net income is almost always overstated. Ask the owner why he is selling. Retirement, cash for another business investment, or a medical situation are acceptable reasons to sell, but even if th business is not easy ask yourself who walks away from 100k + a year for even 25 hours of very hard work a week? I'm looking at a situation now where the owner is claiming 3k a week net and has a manager running the show and he still wants to sell. Also keep in mind that for the number of FedEx ground routes in the US a small number come up for sale. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
FedEX buying back Ground Routes
Top