How To Select a Broker to Sell Your FedEx Ground Routes
It Makes Financial Sense To See a Route Broker for Your FedEx Ground Route Sale.
An experienced broker understands the full sales process and can help you avoid snags or pitfalls along the way. This experience both reduces your time commitment during the sales process and ensures you receive a healthy, fair market price for your routes.
Specialized brokers (such as Route Consultant), bring your route listing(s) to a larger pool of qualified buyers. One of our primary missions here at Route Consultant is to help potential buyers fully understand the FedEx Ground route business. Our large pool of educated buyers means you are more likely to attract a buyer FedEx Ground will approve during the sales process.
What can you look for in order to select the best-fit broker for your route sale(s)?
Seek a Specialist Broker
When selecting a broker, make sure you choose a broker that focuses exclusively on the sale of FedEx Ground routes who can ensure you represent your route information accurately. A broker with extensive contracting experience will understand the FedEx Ground sales process from top to bottom, so they can help you prepare all of your documentation appropriately.
Additionally, they can help vet potential buyers so you secure someone FedEx Ground will approve. Further, brokers who specialize in the FedEx Ground industry can help you secure financing and excellent vendors for your new business.
Find a Broker Who Offers Win-Win Terms
Route brokers make money by collecting a small percentage of your business sale as a fee. The goal then is to sell your business to a highly qualified buyer for an accurate market price.
Because of our deep history in the industry, we are able to price routes accurately and move the sales process along efficiently. This generally results in sellers receiving a higher take-home amount even after they pay us for our services. Our goal is for every seller to leave the sales process thrilled that they worked with us.
Work With People You Enjoy Talking To Regularly
From pre-listing to closing, the route sales process may take a few months of your time. And in the course of that time, you will be in regular contact with your broker to receive updates on the status of your sale. Find a broker that you enjoy working with!
Make sure you find a broker who is responsive. We live in an always-on world, and you want brokers who answer your emails and calls within a reasonable time frame. (This is also how you know they are also answering the calls and emails of potential buyers in a reasonable timeframe!)
Nothing is more frustrating than asking your broker important questions only to wait days or weeks for answers. You can get a sense of how responsive someone might be in your initial conversations and exchanges.
Get the Most Out of Your Operation
Route Consultant is the premiere consultant and educator in the last-mile delivery and logistics space. Want to get the most out of your investment? Looking to optimize your operation and maximize profits? Need to teach someone how to successfully manage a delivery operation? Our suite of educational courses capitalize on decades of operational experience to bring you battle-tested strategies and best practices to find success in your business.
