Ready to Sell Your FedEx Routes? Why It Pays to Have a Broker on Your Side

Category: Best Practices

Selling your FedEx routes is a significant financial decision, which means you want to do it correctly—and at the right time—to ensure you get the highest return on your investment. After all, you spent years growing and scaling your business so it could become the profitable enterprise it is today. So why risk selling yourself short?

The FedEx route sales process is both complex and extensive. For this reason, it benefits contractors to work with an experienced FedEx brokerage firm that can help to expedite the process by making sure you fulfill the specific requirements at each step to guarantee a smooth and successful sale.

Without the guidance of a professional FedEx broker, you may be at risk of:

  • Selling your routes for less than they are worth
  • Failing to find the most qualified buyers for your routes
  • Poorly presenting your business to potential buyers
  • Not having the required documents needed to sell
  • Becoming overwhelmed or confused by the process

 

What to look for when choosing a FedEx broker

In the same way it pays to have a qualified professional working on your car or installing an appliance in your home, the benefits of working with an experienced brokerage firm to sell your FedEx routes cannot be overstated. First and foremost, choose a broker that deals exclusively with FedEx route sales. That way, you can be sure they have the knowledge and understanding necessary to help you navigate the intricate FedEx sales and approval process.

Next, look for a broker with several years of on-the-ground experience. Why? Because a team that has been doing this for a while is one that knows how to provide an accurate valuation of your FedEx routes so you can ultimately get the best price for your business. While you may see routes for sale on less reputable platforms like Craigslist, keep in mind that sellers are far more likely to attract strong buyers by listing at fair market prices with a reputable broker.

Finally, make sure you select a broker that understands the importance of information security; this is especially important in our modern digital age. A trustworthy broker will have several safeguards in place to ensure your personal and financial information is stored securely and never shared without your consent.

 

Save time and money (and your sanity) by working with a qualified broker.

The best brokers will have compiled an extensive buyer list for FedEx routes, which allows them to close deals quickly, even before the sale goes public. The right broker will target your prospects and ensure they are pre-qualified, often resulting in a shorter selling period and more money in your bank account.

And, because day-to-day business doesn’t stop just because you’ve decided to sell your routes, working with a broker can take a lot of the heavy lifting off your hands so you can give your full attention to your routes and drivers. That way, you’re not completely overwhelmed or burned out by the time the sale is complete.

 

Ready to take the first step? Trust KR Capital to help you sell your routes. 

We’ve put together this helpful blog so you know what to expect during your initial call with us, including some of the questions we may need answers to. From there, we can help you begin the process of selling your routes and getting started on the next chapter of your life.

As a full-service brokerage firm that focuses exclusively on the sale of FedEx routes, KR Capital uses a targeted approach to help FedEx contractors value, market, and sell their routes with efficiency and ease. Call us today at (503) 664-0753 to fill out our online Seller Info Request form to learn more.