What are the day-to-day operations of this route?
To summarize, you will deliver product to existing accounts that include restaurants 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, and delivery to accounts.
What are the current average sales and gross income for this route?
Currently this route averages an estimated $18,290 in weekly sales, and profits an estimated $190,216 per year in gross income. 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 20% of its gross weekly sales of $18,290 ($3,658 per week).
How much can I make?
$3,658 per week is the route’s weekly gross income 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?
Seller financing available with $62,500 down at 5% over 5 years! Banks will NOT write business loans against route based businesses for several reasons. 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, vehicle maintenance, office expenses, advertising, warehouse fees, payroll, 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 $2,123 per week in expenses/overhead or $110,392 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?
The seller services the route with two box trucks that are available as separate purchases – a 2015 Isuzu NPR 10′ box truck and a 2013 Ford 3500 Super Duty 10′ box truck. Common delivery vehicles used for this type of business are box trucks or trailers. 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 $190,216 per year, minus your above-mentioned expenses of $110,392 per year gives you an estimated $79,828 in net income or cash flow.
Do I have to sign a contract?
Yes, as a distributor you sign a contract to represent Cedar’s Hommus. The contract is to protect both the company and its distributors.
Why is the distributor selling?
Owner is pursuing other business opportunities.
How many accounts does the route have and where is the warehouse located?
Currently there are 34 accounts that include popular grocery stores, markets, and miscellaneous businesses. The location of the accounts and the warehouse will be disclosed upon execution of a Non-Disclosure Agreement.
How long has the seller owned the business?
The current owner has owned this route and territory for 1 year. The route has been established years prior.
How many days a week, and what hours do distributors work?
The seller typically works Monday-Friday with weekends off (+ every other Wednesdays some weeks) with an employee in place helping run a portion of the route. Hours and days can vary depending on sales and experience.
What is required in order to qualify for purchase?
Minimum requirements: to attend an interview for approval from the company and a background check. The seller can discuss their experience with you!
What else should I know?
Unique and rare opportunity with huge growth potential! Seller financing available with $62,500 down! Priced to sell at $125,000. Contact Us About This Route Here!