What is the current yearly gross for this route?
Currently the business grosses $87,700 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
The company is contracted to multiple brokers who pay directly according to the terms of the contract.
Can I finance the route?
The seller will finance up to $30,000. Terms to be discussed. 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: truck payments, fuel, repairs and maintenance, helper’s salary, and insurance. The current owner estimates $40,820 per year in expenses/overhead for the business (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 current owner services this business using 2 vehicles that are included with the purchase and have assumable leases: a 2013 Freightliner (140,000 miles) and a 2015 Freightliner (160,000 miles). Expenses have been deducted from the cash flow to reflect. When assuming a vehicle loan or lease a credit check may be required. 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 $87,700 per year, minus $40,820 estimated yearly expenses as mentioned above gives you the net $46,880 as an owner/operator.
How does the selling price of the route get determined?
The selling price has been determined by using a multiple of their yearly cash flow/net income.
Do I have to sign a contract?
The company is contracted to multiple brokers. The contracts will transfer with the business.
Where is the home base?
The current owner stores his vehicles and works from his home office. The new owner would need to establish a base to store the trucks.
Why is the distributor selling?
Owner is pursuing other business opportunities.
Is this a viable business model for growth?
Yes! More trucks can be added, more contracts can be added, and there is opportunity to add to the on-demand delivery service.
How long has the business been established?
This business has been established for 4 1/2 years.
How many days a week, and what hours does the owner work?
Current owner works 5 days a week – Tuesday through Saturday.
What about vacation time or personal days?
As a 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 relief drivers 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?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offers protection for your personal assets, 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?
Furniture delivery/logistics company for sale that has enjoyed a successful working relationship with multiple brokers. The demand for product deliveries throughout the United States has steadily increased year after year thus offering a great opportunity to grow an established business. Seller financing available with an estimated $60,000 down! Priced to sell at $90,000! Contact Us About This Route Here!