What are the current average sales and gross income for this route?
Currently this route grosses $348,390 in yearly sales, and nets $68,919 per year. Income documentation will be provided and is documented by invoices.
How do I get paid?
Currently this route grosses $348,390 in yearly sales, and nets $68,919 per year. Income documentation will be provided and is documented by invoices.
How much can I make?
This business has unlimited growth potential and can be expanded throughout central Oregon. The yearly sales can be increased by new accounts being established.
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?
Expenses include, but are not limited to: product cost, gas, vehicle expenses, warehouse storage (current owner warehouses at his home), and insurance for your business. The above cash flow represents the profit after an estimated $9,100 in operating cost and expenses are subtracted.
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 runs this route with a 2006 Ford E250 Cargo Van with an aproximate value of $8,000 available as a separate transaction if desired. 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 $78,019 per year, minus your above mentioned operating expenses of $9,100, gives you $68,919 in net income or cash flow.
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. This business is priced at just above two times net, without assets being added!
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale from manufacturers and master distributors. Aproximately $30,000 worth of inventory is included in the sale price!
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase, however, the product that is sold has such long expiration dates that out of date product is negligible.
Why is the owner selling?
After 14 years in business, the owner has decided to retire.
Where is the warehouse located?
The current seller operates the business out of a home office in Bend, Oregon and uses part of his home as warehouse space.
How many accounts does the route have?
There are 70 accounts.
How long has the seller owned the business?
The current owner has owned this business for 14 years.
How many days a week, and what hours does the owner work?
Currently the owner works 4 days from 7:00am-2:00pm taking Friday, Saturday and Sunday off. The hours and days are flexible.
What about vacation time or personal days?
As an independent business owner you are responsible for servicing your accounts. Stores on this route allow for extra product to be left for restocking when the owner takes vacation days. 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 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! Unlimited growth opportunity! 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”. This is an opportunity for exactly that. Hurry this won’t last long! Priced to sell at $160,000! 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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