What are the current average sales for this route distributorship?
Currently the route distributorship averages $624,000 in sale per year. Documentation will be provided to all serious buyers.
How do I get paid?
As a master distributor you sell product to other independent distributors at cost. This route currently receives an average of 12% gross commission of its yearly sales of $624,000.
How much can I make?
$74,880 is the gross yearly income! This number can be increased, by establishing/creating/selling additional route territories, and soliciting more accounts. Gross income will also be increased by new stores opening, new product lines, additional route territories being added, and simple inflation.
Which areas does the master distributorship include?
Some major counties included with this business are: Brevard, Indian River, St. Lucie, Martin, Palm Beach, Broward, Dade, and half of Monroe.
Can I finance the route?
Yes! Seller is willing to finance $260,000 with $100k down! Terms to be discussed through the seller. If more financing is needed you can review additional Financing Options Here.
How many employees, routes are there?
The current owner uses 2 employees that are willing to transfer if given the opportunity. Currently there are 2 established route territories out of the existing 8 counties. Additionally this business can be set up an operated as an independent distributorship model. In other words you can sell individual territories/routes and rather than use employees, have independent operators grow your business for you. See an example listing of a master distributor who owns the Northern Florida territory here: Herr’s Collier Naples Route.
Are there any vehicles included?
The current owner is including 2 step vans each with an estimated 150k miles (both just received new engines). An estimated $15,000 value! If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
What are my expenses and overhead?
Expenses include, but are not limited to: business payment (if you finance), fuel 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 $478 per week in expenses/overhead or $24,880 per year (route payment if financing not included).
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 is the Gross vs the Net income?
The gross income for the route is $74,880 per year, minus $24,880, estimated yearly expenses as mentioned above gives you the net of $50,000 per year as owner. Owner does NOT run a route! He simply manages the employees.
Do I have to pay for inventory or purchase product up front?
Yes, the distributors are then given “terms” to return money collected for product sold.
Who is responsible for damaged or out of date product?
The independent distributors are responsible for stale and damaged product.
Do I have to sign a contract?
Yes, as a master distributor you sign a contract to represent Herr’s Chips. The contract is to protect both the company and its distributors.
Why is the distributor selling?
Owner has other business investments.
Where are the warehouses located?
Warehouse is located in Fort Lauderdale, FL.
How often does the business receive deliveries?
The company delivers product once per week.
How long has the seller owned the business?
The current owner has owned this distributorship and territory for 4 years.
How many days a week, and what hours do distributors work?
Current owner simply manages the business, doing paperwork and soliciting new accounts. The route drivers work about 8 hours per day Monday through Friday with 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?
You won’t find another Herr’s master distributorship opportunity like this one. Whether you simply want to manage the business and collect commission for doing virtually nothing, or grow the territory using an independent distributorship business model… This business hasn’t begun to scratch the surface of its income potential. Additionally the more routes you sell/establish, the more income you generate. Priced to sell at $360,000! Unique, and rare opportunity! You won’t find another opportunity that has this type of return for the amount of time and money required for this investment!Contact Us About This Route Here!
