Route Consultants, FedEx Ground Route Experts, Celebrates A Record-Breaking 2018

NASHVILLE, Tenn., Feb. 21, 2019 /PRNewswire-PRWeb/ -- Route Consultant has continued its track record of robust success?more than tripling its revenues in 2018 versus the prior year. Route Consultant is forecast to do over $30 million in transactional volume in FY 2019.

Route Consultant is now accepting new listings for FY 2019 from contractors in all 50 States and Canada.

Other details:

The team successfully facilitated transitions for clients acquiring stable, semi-absentee operations as well as fixer-upper style distressed turnaround opportunities.

Further, the Route Consultant team supported a wide range of financial arrangements including deals that were cash, conventional business loans, private equity placements, family office purchases, and Small Business Association (SBA) transactions.

Facts about the state of the industry*:

There are roughly 5,000 Independent Fedex Ground Contractors in the United States.

In our experience, the majority of contractors have revenue ranges from $400,000/year to over $20,000,000/year for some of the largest.

We approximate the collective revenue for FedEx Ground contractors to be about $7 Billion in annual revenue.

Route Consultant estimates that each year about 5% of Independent FedEx Ground Contractors sell their routes on the open market, equating to about 350 brokered business transactions per year. Some additional sales are completed on the private market from existing contractor to existing contractor.

SOURCE Route Consultant