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 $2,027 in weekly sales, and grosses $15,811 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 15% of its gross weekly sales of $2,027 ($304 per week).
How much can I make?
$304 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 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 $139 per week in expenses/overhead or $7,220 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 1991 E150 Ford Van (rebuilt engine). This vehicle is included in the sale. Estimated value is $3,000. 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 $15,811 per year, minus your above mentioned expenses of $7,220 per year gives you an estimated $8,591 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 another business opportunity.
How many accounts does the route have?
Currently there are 25 accounts that include popular convenience stores, grocery stores and gas stations. 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 less than 1 year.
How many days a week, and what hours do distributors work?
The current owner works 4 days a week and approximately 5 hours per day, 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 $25,000 with a truck included!Contact Us About This Route Here!
