19 FedEx Pickup & Delivery Routes in Eastern Iowa with $325k SDE

FedEx

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Financial Details

Asking Price:
$899,000
Annual Revenue:
$1,813,516
Cash Flow / SDE:
$325,381
Profit Metric:
Cash Flow (SDE)
Valuation Multiple:
2.8x
Location:
Cedar Rapids, IA, US
Source:
Date:
November 05, 2025

Key Highlights

Established, profitable FedEx P&D route operation in high-density Eastern Iowa.
Significant asset base included: 21 vehicles (14 newer than 2019) included in the asking price.
Future growth potential via integration into the optimized FedEx 2.0 system starting August 2025.

Description

This is an excellent opportunity to acquire a substantial, established FedEx Pickup & Delivery (P&D) operation serving the growing Eastern Iowa market, centered in Cedar Rapids. The business currently dispatches 19 routes, heavily weighted towards residential eCommerce (75%). Financials show strong performance with projected 2025 revenue of $1,813,516 and Seller's Discretionary Earnings (SDE) of $325,381. The sale includes 21 well-maintained vehicles, 14 of which are newer than 2019, providing a robust asset base. Furthermore, the operation is set to integrate with the streamlined FedEx 2.0 platform in August 2025, promising enhanced efficiency and volume potential. The current owner offers 90 days of comprehensive training and support, ensuring a smooth handover to the new operator.

Industry Information

Industry Description:
This listing is for a profitable package pickup and delivery (P&D) operation consisting of 19 FedEx routes located in the high-density area of Cedar Rapids, Iowa. The business mix is 75% residential eCommerce and 25% commercial, and it is scheduled for integration into the more efficient FedEx 2.0 system in August 2025.
Classification:
Transportation & Storage

Operational Snapshot

Year Established:
2020
Employees:
23
Reason for Selling:
Pursuing other business opportunities

Real Estate & Lease

Status:
Not Specified

Assets & Inventory

FF&E Value:
$695,000 USD
Includes FF&E:
Yes
Includes Inventory:
No

Broker Contact

Name:
Steve Ramsthel
Phone:
855-959-2914

Listing Details

Listing ID:
7d0b29c9-0531-4051-890f-b2bf8bae5094
Source Listing ID:
2319532
Deal Status:
For Sale
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
FedEx P&D Routes eCommerce Delivery Asset Heavy SBA Eligible