What are the day to day operations of this route?
To summarize, you will deliver product to existing accounts that include grocery stores and cash accounts usually starting in the morning hours. Your responsibilities will include the following: Evaluate and creating an order of product needed for the shelf, pull the order from your inventory, receive the order through the back door, and then fill the order to the shelf. After servicing your accounts for the day you will proceed to the warehouse to pick up additional product for deliveries the following day.
What are the current average sales for this route?
Currently this route averages $6,487 per week in sales or $337,324 per year. Documentation will be provided to all serious buyers.
How do I get paid?
As an independent distributor you are paid by commission. Commission varies depending on the items sold. This route currently receives an average of 18% of its net weekly sales of $6,487 ($1,168 per week).
How much can I make?
$1,168 per week is the routes weekly average, or a gross of $60,718 per year! This number can be increased, by supporting the company’s promotions and up selling within your designated territory. Route values can also be increased by new stores opening, new product lines being added, and simple inflation. Distributor acknowledges plenty of growth opportunity for new accounts in this territory.
Can I finance the route?
Seller will finance up to $44,000. Terms to be discussed. You can review additional Financing Options Here. Banks will NOT write business loans against route based businesses for several reasons.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, stale or damaged product, computer, vehicle maintenance, insurance for your vehicle, and liability insurance for your business. The current owner estimates $235 per week or $12,220 per year in expenses/overhead.
What type of vehicle do I need?
Included in the purchase is a Ford E350 Box Truck (190k miles) Estimated value is $5,000. Common delivery vehicles used for this type of business are box trucks or trailers.
What is the Gross vs the Net income?
The gross income for the route is $60,718 per year, minus your estimated yearly expenses of $12,220 as mentioned above gives you the net of $48,498 per year!
How does the selling price of the route get determined?
All route sales are determined by a ratio based on a weekly sales average. The selling price of this route is $118,999 based on a weekly sales average of $6,487; you come up with a selling ratio of 18.3:1
What are the qualification requirements?
To qualify for a route purchase, you will have to complete a simple back ground check.
Why is the distributor selling?
Owner is selling due to a change in family circumstances.
Where is the warehouse located and how many accounts does the route have?
This route has 20 accounts. The location of the accounts and warehouse will be disclosed upon execution of a Non Disclosure Agreement.
How long has the seller owned the route?
Current owner has owned a route through the company for less than 1 year. Route has been established for years prior.
Do I get paid full commission when something goes on sale?
When the company discounts an item for store promotions, you are paid full commission on the discounted selling price.
How many days a week, and what hours do distributors work?
This current owner works 6 days per week taking Wednesdays off. Early morning hours are required. Current distributor works 6 hours per day.
What about vacation time or personal days?
Wise Foods have a vacation program that you may pay into and are able to take up to two weeks vacation. Otherwise as an independent distributor/business owner you are responsible for servicing the route. In most cases there is a qualified “go to” person who is familiar with the company’s routes through networking with other distributors. Another option is to hire or train someone for additional time needed off.
What is required in order to qualify for purchase?
Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and in most cases require the buyer to form some type of entity such as an LLC or Corporation. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Company continues to be aggressive promoting growth and adding new product lines. Plenty of growth opportunity with this route. This one won’t last long at $118,999! Contact Us About This Route Here!
How can I learn more about these type of routes?
For additional consulting services with one of our route specialists Contact Us Here!