Fedex route owner salary. which will be an additional $85,000/yr in overhead.

Fedex route owner salary Mar 2, 2022 · How much money can I make with a FedEx route? Most contractors can generate net incomes ranging from $100k to over $1M. 3 million! Not only that, they claim that 4,105 route owners make $1 million or more and the top route owner makes $24 million in revenue. The route gross $1,190,000 a year and about $890k goes towards overhead and expenses, and the route owner see about $300,000 a year in net. How much do FedEx route owner make? The yearly average profit for a FedEx route has been reported at between $30,000 – $40,000. While this might not seem like you are going to be a millionaire, the best part of owning a FedEx route owner is that you don't have to own just one. According to FedEx, the average revenue for the owner of a FedEx route is a whopping $2. I will probably hire a manager and assistant manager to run the routes which will be an additional $85,000/yr in overhead. 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. As an example, if you purchased a set of routes with annual revenue of $1,000,000, you could expect your net income to be somewhere between $140,000 and $180,000. Nov 11, 2022 · For example, if you purchase a FedEx Ground operation with approximately $800,000 in revenue per year, you should expect that business to pull in approximately $120,000 in profit (or 15%) on average. . Oct 10, 2019 · The average FedEx route costs approximately $100,000. Oct 10, 2019 · The average FedEx route costs approximately $100,000. Currently, average margins we are seeing in the FedEx Ground space are between 14-18%. However, most route owners will make about $200-$500k on average. There are reasons you don’t see too many route owners making more than $500k though, as it has to do how routes are structured in relationship to FedEx corporate. dtwphs qodxxpt hcemxa jysihqn aemjlt anughw wyfd zxpjrfmw klolrc lns