What are the current average sales and gross income for this route?
Currently this route grosses $50,366 in yearly sales, and nets $35,504 per year. Income documentation will be provided and is documented by logs as this is an all cash business.
How do I get paid?
As an independent operator you are paid by purchasing product at wholesale cost and selling it to your customer base via the boxes.
How much can I make?
Bulk candy businesses have unlimited growth potential and can be operated anywhere. 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. However if you need money, you can review additionalFinancing Options Here
What are my expenses and overhead?
Expenses include, but are not limited to: product cost, gas, vehicle expenses, warehouse storage, and insurance. The above cash flow represents the profit after an estimated $14,862 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?
There is no vehicle included in the purchase. This route can be serviced using any type of car or truck. When considering purchasing a truck, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the route is $50,366 per year, minus your above mentioned operating expenses of $14,862, gives you $35,504 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 route is priced to sell!
Do I have to pay for inventory or purchase product up front?
Yes, the business requires you to purchase product at wholesale through wholesale stores. There will be some inventory included with the route and we can provide details to interested parties.
Who is responsible for damaged or out of date product?
You are responsible for the product you purchase.
Why is the owner selling?
The owner is relocating.
How many accounts does the route have?
There are 120 accounts.
How long has the seller owned the business?
The current owner has owned this business for 2.5 years.
How many days a week, and what hours does the owner work?
Owner works 3 days a week Monday-Wednesday and from 10am – 1pm each day. The hours and schedule are very flexible.
What about vacation time or personal days?
As a 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 relief drivers 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 candy honor box business is a 100% cash-only business! 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 $55,000! 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.