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 and then fill the order to the shelf.
What are the current average sales and gross income for this route?
Currently this route averages $7,046 in weekly sales, and grosses $71,444 per year in revenue. Revenue 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 19.5% of its gross weekly sales of $7,046 ($1,374 per week).
How much can I make?
$1,374 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?
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 repairs, warehouse, handheld computer, stale or damaged product and insurance. The current owner estimates $263 per week in expenses/overhead or $13,704 per year (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 do I need?
There is no vehicle included in the purchase. Common delivery vehicles used for this type of business are step vans, box trucks and cargo trailers. 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 revenue for the route is $71,444 per year, minus your above mentioned expenses of $13,704 gives you an estimated $57,740 in net income or cash flow.
Do I have to sign a contract?
Yes, as an independent distributor you sign an Independent Distributor Agreement between Voortman Cookies and the Distributor. In turn the Distributor is granted the exclusive right to sell and distribute the products solely to the specific stores in the territory. The contract is to protect both the company and the distributors.
Where is the warehouse located?
The buyer can use the storage facility of their choosing. There are some minimum requirements. The Distributor should consider that product orders will arrive on long tractor-trailers, these vehicles require considerable road space on which to maneuver, a minimum height clearance of 13 feet and parking space up to 62 feet.
Why is the distributor selling?
The seller owns another route and is downsizing.
How many accounts does the route have?
Currently there are 21 accounts that include grocery and variety stores.
Do I get paid full revenue rate when something goes on sale?
When the company discounts an item for store promotions, you are paid full revenue rate on the discounted selling price.
How long has the seller owned the business?
The current owner has owned this route and territory for 2 years.
How many days a week, and what hours do distributors work?
Distributor works 5.30 am -1pm 5 days a week taking Saturday and Sunday off. Early morning hours are required.
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. 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 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 in most cases require the buyer to form some type of 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?
George Howe’s offers wide range of candies and snacks. Route is located in a solid, stable, productive area. Gerat opportunity and priced to sell at $79,000! Contact Us About This Route Here!