04 Aug Acquiring Minds: Building a $25M FedEx Route Empire from $100k Equity
Today’s guest bought a FedEx route at the peak of Covid. Which, as you’ll recall, was also the peak of ecommerce and shipping, which meant FedEx and its hundreds of contractors were making hay. You’ll also recall the pullback in online shopping as the pandemic dissipated and life returned to normal.This come-down was extremely painful for our hero, Avery Tomek, who’s recently acquired FedEx business quickly began to suffer. But he pulled through, acting not just defensively to save his business, but offensively to take advantage of the “blood in the streets” buying opportunity. Other FedEx contractor businesses were also suffering, many shuttering, and there was a window to expand his little FedEx business aggressively. The fruits of those moves are visible today, just three years later. Please enjoy this incredible story and FedEx deep dive with Avery Tomek, owner of Tomek Logistics.
