Herr's Potato Chip Master Distributorship For Sale South Florida
Herr's Potato Chip Master Distributorship for sale $360,000! Financing with $100k down! You are purchasing the distribution rights for the entire South Region of Florida. Distributorship and "protected territory" is purchased through the current owner and contracted through Herr's. Herr's currently distributes it's well known brands of Potato Chips, Pretzels, Dips, Beef Jerky, and more to independent stores, restaurants, and Non Franchised Accounts. This is truly a ONE OF A KIND OPPORTUNITY! This Master distributorship continues to increase in value and has been established for over four years. Plenty of growth opportunity given the large territory, and an estimated 7 million people live in the region! Protected territory for this business includes all of South Florida.
Frequently Asked Questions:   Price: $360,000   Cash Flow: $50,000   Financing: Yes   Listing: Inactive
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. 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!
What are my expenses and overhead? Expenses include, but are not limited to: business payment (if you finance), fuel, insurance for your vehicles, and liability insurance for your business (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).
Who is responsible for damaged or out of date product? The independent distributors are responsible for stale and damaged product.
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.
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? Warehouses 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 does the owner 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 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? 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!
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 Sellerís 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.