What is the current yearly gross for this route?
Currently this route grosses $438,000 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
Your drivers invoice the company at the end of each day.
Can I finance the route?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. You can review additional Financing Options Here.
What are my expenses and overhead?
Your expenses include, but are not limited to; payroll for the ten drivers, insurance, and maintenance on the vehicles. The current owner estimates $208,880 per year in expenses/overhead.
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 business is operated with 10 vehicles: 9 Sprinter type vans and one sedan car. These vehicles are included in the purchase. Common delivery vehicles used for this type of business are box trucks or trailers. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
What is the Gross vs the Net income?
What is the Gross vs the Net income? The gross sales on these accounts is $438,000 per year, with payroll and expenses of $208,400, leaving $229,120 net income.
Do I have to sign a contract?
With this opportunity, the business is contracted through a third-party company. They set up the routes and maintain relationships with the warehouses that you are delivering for.
Why is the distributor selling?
The current owner owns this business as part of a larger group of unrelated businesses and is looking to diversify more.
Where is the pickup location?
Each driver will pick up at a different location in the Chicagoland area and the delivery routes will be mapped out for them based on the needs of the individual accounts. There are two delivery schedules each day for each vehicle.
How long has the business been established?
The length of time that the accounts on this route have been serviced varies from several months to several years. The current owner has been in business in this capacity for approximately one and a half years.
How many days a week, and what hours do distributors work?
The drivers each pick up product for delivery in the area twice per day. After the second set of deliveries are finished, the driver is finished for the day. The first pick up is generally around 9:00am and the second run is generally finished around 5:00pm.
What about vacation time or personal days?
If a driver is unable to work, the company that you contract through can reassign that run to another driver. Naturally, your business will not be paid for that day.
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?
This business model involves the drivers keeping the trucks overnight every night, eliminating the need for storage. In addition, the drivers pay their own fuel, lower the expenses even further. Established & Turnkey! Start making income the week you take it over! Priced at $700,000! Contact Us About This Route Here!bout This Route Here!
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