Fishing Bait Route, Chicago Suburbs, Illinois

Fishing Bait Route For Sale in the Chicago Suburbs of Illinois to the Milwaukee Suburbs of Wisconsin for $225,000! Currently grossing $342,359 and nets $76,455 per year! This business provides wholesale bait products to 335 major convenience stores and gas stations and is the preferred vendor for all national chains in the area. Each account is provided with a refrigerator and signage and fresh bait is restocked on a regular basis. Includes all equipment with an estimated value of $55,000. A vehicle is also included. This is a well established route with unlimited opportunity to grow and expand an already established turnkey business with flexible days and hours.

Frequently Asked Questions:

Price:

$ $225,000

Per Month

Cash Flow:

$ $76,455

Per Month

Financing:

$ No

Per Month

Listing:

$ Active

Per Month
Bait Route
What is the current yearly gross for this route?

Currently this route grosses $342,359 per year. Income documentation will be provided to all serious buyers.

How do I get paid?

You are paid through monthly reoccurring billing. New owner may send invoices and/or setup an auto pay via debit or credit cards.

How much can I make?

This type of business in general, has unlimited growth potential. The yearly revenue can be increased by establishing new accounts. New accounts can be established in person, referrals by word of mouth, or by advertising, etc.

What equipment is included?

Included in the purchase are 335 total refrigerators on site and two walk-in coolers. Estimated value is $55,000.

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?

Your expenses include, but are not limited to; cost of goods, equipment cost, repairs, rents, supplies, invoices, website fees, offices expenses, auto expenses, taxes, and insurance. The current owner estimates $265,904 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 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?

The current owner services the route using a 2007 Honda CRV (295,000 miles) that is included in the purchase. Estimated value is $5,000. Common delivery vehicles used for this type of business are step vans, box trucks and cargo trailers. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.

What is the Gross vs the Net income?

The gross sales on these accounts is $342,359 per year with expenses of $265,904 leaving $76,455 net income.
Bait Route

Why is the distributor selling?

The seller is retiring.

How long has the business been established?

This business has been established for 18 years.

How many days a week, and what hours does the owner work?

The current owner works Monday – Friday 8.00am – 4.00pm.

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.

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 with flexible hours! Route consists of 335 accounts! This is a business with a great reputation. Unlimited opportunity to grow and expand a turnkey business with flexible days and hours. The long cherished notion of getting a job that would provide both long term security and benefits is close to disappearing in the American workplace. It is no surprise that more people today want to do “their own thing”. Priced to sell at $225,000! 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.

Fishing Bait
Illinois
Chicago Suburbs Illinois United States
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SaturdayClosed
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