What are the current average sales and gross income for this route?
Currently this route averages $1,045,980 a year in sales. Income documentation will be provided to all serious buyers.
How do I get paid?
This route currently receives an average of 17% of its gross sales weekly sales of $14,869 and 5% on case sales averaging 5,246 per week for a total commission of $2790.
How much can I make?
$2790 per week is the routes weekly commission collected or $145,080 per year! This number can be increased by new accounts opening, new product lines being added, and simple inflation.
Can I finance the route?
Yes seller will finance $49,000 for 4 years with $130,000 down. If more financing is needed you can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, repair, warehouse, stale or damaged product, and insurance. The current owner estimates $800 per week in expenses/overhead or $41,600 per year.
What type of insurance do I need?
Typically, a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
What type of vehicle do I need?
The current owner operates this route with a 2003 Isuzu Box Truck (100k miles). Vehicle is included with the purchase of this route. Common delivery vehicles used for this type of business are box trucks or trailers. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the route is $145,080 per year, minus your above mentioned expenses of $41,600 gives you $103,480 in net income or cash flow.
Do I have to pay for inventory or purchase product up front?
No, you do not have any out of pocket expenses when purchasing your inventory. You are however responsible for any inventory that cannot be accounted for through your sales. As long as you run the business as it is designed to operate, you will not have any out of pocket expenses or losses.
Who is responsible for damaged or out of date product?
You will be responsible for any stale or out of date product.
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent the company. In turn the company agrees to promote and assist you in growing your business. The contract is to protect both the company and its wholesaler’s.
Why is the distributor selling?
Owner is investing in another business opportunity.
Where is the warehouse located?
Currently located in bronx, New York.
How many accounts does the route have?
Currently there are 16 accounts that include: Fine Fare, Food Bazaar, Food Town, Bravo, Wetsern Beef, and more.
How long has the seller owned the business?
The current owner has owned this route and territory for 2.5 years.
How many days a week, and what hours do distributors work?
Distributors works Monday-Friday with weekends off. Hours of operation are from 7am-4pm.
What about vacation time or personal days?
As an independent distributor/business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire distributors with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
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?
What else should I know? Kellogg’s currently distributes its well know brands such as: Cheez-It, Chips Deluxe, Famous Amos, Nutri-Grain, Special K, Kashi, Rice Krispie Treats, Carr’s Crackers, Murray’s Cookies to retail outlets and more. Plenty of growth opportunity! This is 60% charge accounts and 40% cash! Priced to sell at $179,000! 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 Request A Consultation Here.
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