No, that was good. Because that does not sound... It just sounds like things are very brittle. Like these systems are very brittle.
Acquiring Minds
Building a $25m FedEx Route Empire from $100k Equity
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Yeah.
And some little thing breaks and there's this horrible domino effect.
Yeah. And that's pretty much it. Okay.
Okay.
Okay, but if somebody wanted, still wanted to get into this, they don't need to, there's gotta be some geographic, there's gotta be some benefit to being close or close-ish to your routes, no? Like, if I wanted to buy a route, would I literally just look at the entire US? I'm in Virginia.
yeah i mean i think if you could get there in like a half day there'd be benefit to that you know something disastrous happens you could hop in the car and be there that day but you could also be there if you catch a flight too so and really if you go there what are you going to do are you going to hop on a route and go go deliver the packages maybe but what are you going to do the next day…
on the business rather than in the business. If you can foresee problems and shift resources over there ahead of time to prevent that from happening, now you're being proactive rather than reactive. And if you're out there running a route yourself, you're not going to scale.
Yeah.
No, sure.
Sure. So let's turn our attention to what makes a good route or in a resale opportunity or a route for sale that somebody might see on BizBuySell. What are we looking for? I know that's a big question, but try to distill it for us.
Yeah, I mean, I think the way the network is designed with these contracts, there's no right route to own. I think they're all designed to produce the same margins. I think some areas might have some unique characteristics that make it harder than others.
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