Herr’s Potato Chip Distributorship For Sale – Joliet, Illinois

Herr’s Potato Chip Master Distributorship for sale in the Joliet, Illinois region for $90,000! Currently grossing an estimated $241,000 per year in sales and nets an estimated $67,375! Distributorship and “protected territory” are purchased through independent distributor and contracted through Herr’s. Herr’s currently distributes it’s well known brands of Potato Chips, Pretzels, Dips and Beef Jerky. There are currently 260 accounts delivering to convenience stores and grocery stores. This purchase includes the master distributorship for the following counties: Kanakee, Will, Cook, Iroquois and Champaign. Huge opportunity for growth as only a small portion of the territory has been developed. Seller has a list of 400 potential accounts. Trucks are included.

Frequently Asked Questions:

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 $4,634 in weekly sales, and grosses $79,530 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 33% of its gross weekly sales of $4,634 ($1,529 per week).

How much can I make?

$1,529 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 $234 per week in expenses/overhead or $12,155 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 are two vehicles included in the purchase. The current owner services the route using a 2011 Ford Box Truck and a 2004 Ford Box Truck for a second route if desired. Estimated value of vehicles is $24,000. 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 $79,530 per year, minus your above mentioned expenses of $12,155 per year gives you an estimated $67,375 in net income or cash flow.

Who is responsible for damaged or out of date product?

The company will provide a stale/damaged allowance of 2%.

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 owner is retiring.

How many accounts does the route have?

Currently there are more than 260 accounts accounts that include popular convenience stores and grocery stores. 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 3 years.

How many days a week, and what hours do distributors work?

The current owner works 5 days a week from 8 to 5, 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 $90,000! Contact Us About This Route Here!

Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.