What are the day-to-day operations of this route?
To summarize, you will visit your suppliers to purchase product. You will then visit each of your accounts during the week to fulfill their orders.
What is the current yearly income for this route?
Currently this route produces an estimated $171,463 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As an independent distributor you purchase product at cost and sell it to retail accounts at wholesale. Current distributor receives an estimated profit of $3,297 per week.
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: fuel, vehicle maintenance, accounting and insurance. The current owner estimates $17,112 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).
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/equipment do I need?
Included in the purchase is a 2019 Ford Transit with custom shelving and on-board printer. Estimated value is $32,000. Also included are carwash tools, spare parts, hand truck and vehicle loading ramp. 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 $171,463 per year, minus $17,112 estimated yearly expenses as mentioned above gives you the net $154,351 as an owner/operator.
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.
Why is the distributor selling?
Owner is selling due to health reasons.
How many accounts does the route have?
The route consists of over 150 accounts including car washes, car dealers and auto body shops. The locations of the accounts will be disclosed upon execution of a signed Non-Disclosure Agreement.
How long has the business been established?
The current seller has owned the business for 10 years.
How many days a week, and what hours does the owner work?
Current owner works 9am – 4pm Monday through Friday.
What about vacation time or personal days?
As an independent distributor/business owner you are responsible for the route being serviced.
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”. Established business with all equipment included, priced at $344,000. Contact Us About This Route Here!