Bumper Man Franchise Route For Sale – Roanoke, Virginia
Bumper Man Franchise Route for sale in the Roanoke, Virginia region for $195,000! Currently grossing an estimated $195,090 and nets $138,118 as an owner/operator. Route consists of 25 accounts including car dealerships and rental car agencies. Bumper Man is a mobile repair service providing its customers with quick, convenient, and economical on-site bumper repair. The franchisee is granted the right to operate an automotive bumper repair service under the trade name “Bumper Man” within a protected territory. Franchisees are also given hands-on training, the tools to repair bumpers, and the administrative supplies to run the business at no extra cost. Three weeks of training means auto repair experience is not required! Current owner is able to service the route in 4 days per week. Excellent opportunity to build on an already established business!
Frequently Asked Questions:
What is the current yearly gross for this route?
Currently this route grosses an estimated $195,090 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As an independent operator you receive 75% commission bimonthly based on amount invoiced for the previous two weeks.
Can I finance the route?
Need money? You can review additional Financing Options Here. There is no seller financing for this route, and unfortunately 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: supplies, fuel, vehicle repairs, and insurance. The current owner estimates $8,200 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).
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 worker’s 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?
Common delivery vehicles used for this type of business are pickup trucks.
What is the Gross vs the Net income?
The gross income for the route is $146,318 per year, minus $8,200 estimated yearly expenses as mentioned above gives you the net $138,118 as an owner/operator.
How does the selling price of the route get determined?
To determine a business’s price, a standard formula is to multiply 2 years of the net plus consideration of business assets.
Why is the distributor selling?
Seller is pursuing other business opportunities.
Where are the accounts located?
Located in the Roanoke, Virginia region.
How long has the business been established?
The current seller has owned the business for 1 1/2 years.
How many days a week, and what hours does the owner work?
Current owner works 4 days a week taking Friday, Saturday and Sunday off, working 8 hours per day.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, 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?
Be Your Own Boss! Great opportunity to purchase a turnkey, well established franchise business. Bumper Man has over 25 years of experience in the automotive industry and provides monthly statements and collection services for the franchisees, relieving them of much of the administrative duties often required for small businesses. Established route priced at $195,000. Contact Us About This Route Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.