What is the current yearly gross for this route?
Currently this route grosses $156,665 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
As an independent distributor you are paid per move.
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: subcontractors, vehicle rentals, fuel, repairs, cost of goods, office expenses, truck expenses, uniforms, telephone, utilities, taxes and licenses, advertising, professional fees, parking fees and tolls, and insurance. The current owner estimates $136,164 per year in expenses/overhead.
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 operates this business with 1 vehicle that is included with the sale: 2000 GMC C5500 Box Truck (205,000 miles). Estimated value is $10,000. Common delivery vehicles used for this type of business are box trucks or trailers. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the route is $156,665 per year, minus $136,164 estimated yearly expenses as mentioned above gives you the net of $20,501 per year!
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 business is priced aggressively to sell!
Why is the distributor selling?
Owner is relocating.
How long has the business been established?
The current seller has owned the business for 4 years.
How many days a week, and what hours do distributors work?
The current owner works Monday – Friday 9am to 6pm and Saturday 9am to 3pm. Hours and days are flexible and can be customized to each individuals needs.
What about vacation time or personal days?
As an independent business owner you are responsible for servicing your accounts. It is our recommendation that you hire or train someone for additional time needed 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 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?
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”. Hurry this won’t last long! Priced to sell at $75,000!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!