Navigating SBA Loans for FedEx Routes

Register for the webinar:

• The "Plant Your Flag" Strategy: Build an Empire with ETA + Franchising - Thu Aug 7 - https://bit.ly/45i7eGe

Avery Tomek bought his first little $1m FedEx route with an SBA loan. 3 years later, he has 240 trucks and $600k weeks.

Topics in Avery’s interview:

• Pivoting from real estate to FedEx routes
• Ups and downs of Covid
• Expanding his fleet
• Running his logistics business remotely
• Everything hinges on weekly deposits
• What makes a route lucrative (or costly)
• No marketing or sales. Just operations.
• Resale value of a FedEx route
• Demanding nature of the business
• “If you’re good, the world will compensate you.”

References and how to contact Avery:

• LinkedIn

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

Get a complimentary IT audit of your target business:

• Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact mark@aspenhr.com

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron