What is the current yearly gross for this route?
Currently this route grosses $455,296 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As an independent contractor you are paid according to the route mileage.
Can I finance the route?
The seller will finance up to $150,000 (5 years at 4%). Unfortunately banks will NOT write business loans against route based businesses for several reasons. However if you need money, you can review additional Financing Options Here
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, repairs, payroll, and insurance. The current owner estimates $343,074 per year in expenses/overhead for the business.
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 business with 6 vehicles which are included in the purchase: (3) 2021 Ford Transit Vans (1) 2017 Jeep, (1) 2014 Jeep and (1) 2019 Dodge Journey. Estimated value of the vehicles is $141,800. 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 $455,296 per year, minus $343,074 estimated yearly expenses as mentioned above gives you the net of $112,222 per year as an owner of the business!
How does the selling price of the route get determined?
Delivery routes selling prices are determined by using a 3 multiple of their yearly cash flow/net income, plus assets.
Do I have to sign a contract?
Yes, the routes have government service contracts.
Why is the distributor selling?
Owner is downsizing.
How long has the business been established?
The current seller has owned the business for 1 year.
How many days a week, and what hours do employees work?
Service requirements are deliveries 6 days per week – Monday through Saturday, 7am – 2pm. Owner manages the business.
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?
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 offers 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?
Government Service Contract Delivery routes for sale. 6 routes covering multiple states. Vehicles included plus employees that are willing to transfer. Semi-passive opportunity. Priced to sell at $483,000! Contact Us About This Route Here!