Herr’s Potato Chip Route Distributorship For Sale Elizabeth City, North Carolina

Herr’s Potato Chip Distributorship for sale in the Elizabeth City, North Carolina region for $87,000! Seller financing available with $42,000 down. Currently grossing an estimated $270,296 per year in sales and nets an estimated $75,625! Distributorship and “protected territory” are purchased through independent distributor and contracted through Herr’s. Herr’s currently distributes it’s well known brands of Potato Chips, Pretzels, Dips and Beef Jerky. There are currently a total of 104 accounts delivering to convenience stores and grocery stores. A truck is included in the sale.

Frequently Asked Questions:

What are the day to day operations of this route?

To summarize, you will deliver product to existing accounts that include grocery stores usually starting in the morning hours. Your responsibilities will include the following: evaluating and creating an order of product needed for the shelf, pull the order from your inventory, receive the order through the back door, and then fill the order to the shelf.

What are the current average sales for this route distributorship?

Currently this route averages $5,198 in weekly sales, and grosses $91,901 per year in commission. Income documentation will be provided to all serious buyers.

How do I get paid?

As an independent distributor you are paid by commission. This route currently receives an average of 34% of its gross weekly sales of $5,198 ($1,767 per week).

How much can I make?

$1,767 per week is the routes weekly average! This number can be increased, by supporting the company’s promotions and up selling within your designated territory. Route values can also be increased by new accounts opening, new product lines being added, and simple inflation.

Can I finance the route?

The seller will finance $45,000 at a rate of 6% for 5 years. If more financing is needed you can review additional Financing Options Here.

What are my expenses and overhead?

Expenses include, but are not limited to route payment (if you finance): fuel, repairs, vehicle maintenance, handheld computer and insurance  (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates $313 per week in expenses/overhead or $16,276 per year.

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 services the route using a 2005 Ford 16′ Box Truck. This vehicle is included in the sale. Estimated value is $6,000. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.

What is the Gross vs the Net income?

The gross income for the route is $91,901 per year, minus your above mentioned expenses of $16,276 per year gives you an estimated $75,625 in net income or cash flow.

Who is responsible for damaged or out of date product?

No stale allowance is given. However you are credited for damaged product you receive from the company.

Do I have to sign a contract?

Yes, as a distributor you sign a contract to represent Herr’s. The contract is to protect both the company and its distributors.

Why is the distributor selling?

The seller is pursuing other business opportunities.

How many accounts does the route have?

Currently there are 104 accounts that include popular convenience stores and grocery stores. The location of the accounts will be disclosed upon execution of a Non Disclosure Agreement.

Where are the warehouses located?

For this business there is no warehouse. You are required to rent a storage unit for product deliveries.

How often does the business receive deliveries?

The company delivers product once per week.

How long has the seller owned the business?

The seller has owned this route for 5 years.

How many days a week, and what hours do distributors work?

The current owner works 5 days a week , 7am – 4pm, taking weekends off.

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 form an 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?

Unique, and rare opportunity, with huge growth potential. Priced to sell at $87,000 with a truck included! Some seller financing is available. 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.

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.