What are the day to day operations of this route?
To summarize, you will deliver product to existing accounts that include independent grocery stores (no chain stores) and cash accounts usually starting in the morning hours. Your responsibilities will include the following: evaluating and creating an order of product needed, pull the order from your inventory, receive the order through the account..
What are the current average sales for this route?
Currently this route grosses $833,049 in sales per year. 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. Product has a markup of 18.70% which equates to $155,782 gross income per year.
How much can I make?
The sky is the limit given the huge territory! Income can be increased overnight, by up selling within your designated territory, soliciting new accounts. Route values can also be increased by soliciting new accounts, new product lines being added, and simple inflation.
Can I finance the route?
Yes seller will finance $150,000 for 5 years at 7.9%. If more financing is needed you can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, repair, payroll, product cost, refrigeration storage, insurance for your vehicle, and liability insurance for your business. The current owner estimates $86,677 per year in expenses/overhead.
What type of vehicle do I need?
3 vehicles will convey with this purchase to include: 2012 Mercedes Sprinter Van (30k miles), 1996 Freightliner ($40k miles on new motor), and a 1991 Hino (used for storage). Estimated value is over $30,000! Additional assest include 3 coolers, pallet lifts, pallet jacks, and more worth an estimated $150,000.
What is the Gross vs the Net income?
The gross income for the route is $833,049 per year, minus your $86,677 estimated yearly expenses as mentioned above gives you the net of $69,105 per year! Route may be owned and operated by a family saving employee payroll increasing the cash flow to $100,000!
Do I have to pay for inventory or purchase product up front?
Yes new owner may purchase existing inventory from seller at the time of closing or purchase new from Thumann’s Provisions. Estimated amount of inventory needed is $80,000 above purchase price.
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent Thumann’s. In turn the company agrees to promote and assist you in growing your business. The contract is to protect both the company and its distributors.
Why is the distributor selling?
Owner is selling due to health.
How many accounts does the route have and where is the warehouse located?
The route consists of numerous accounts ranging from small delis, restaurants, c-stores, and other independent accounts.
How long has the seller owned the business?
Current owner has owned the route for just under 22 years.
How many days a week, and what hours do distributors work?
The current distributor works Monday-Thursday (4 days per week) with Friday-Sunday off. Plenty of flexibility to dictate your own schedule and hours.
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?
Very unique business currently distributes deli meats, and cheeses for multiple companies. Provisions experience is NOT required! Income and growth potential are virtually unlimited as routes has unlimited territory in Florida. Extremely large route with endless potential! Price at $359,000. Owner will finance $150k! Contact Us About This Route Here!