Snyder’s-Lance Chip Route For Sale – Baltimore, Maryland
Snyder’s-Lance Chip route for sale in the Baltimore, Maryland region for $85,000! Third-party related financing may be available with an estimated $13,000 down! Currently generating an estimated $264,212 in yearly sales and nets $27,664! Distributorship and territory are purchased through Snyder’s-Lance. Snyder’s-Lance currently distributes its well-known brand of Snyder’s Pretzels, Lance Crackers, Kettle Chips, Archway Cookies, Cape Cod Chips, Terra Chips, Eat Smart, Pirates Booty Popcorn, Skinny Pop Popcorn and more. There are currently 7 accounts delivering to popular grocery stores and variety stores. Turnkey business backed by a publicly traded company on the NYSE! For a video presentation of this listing GO HERE.
Frequently Asked Questions:
Price:
$ $85,000
Per MonthCash Flow:
$ $27,664
Per MonthFinancing:
$ Yes
Per MonthListing:
$ Active
Per MonthWhat 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. After servicing your accounts for the day, you will proceed to the warehouse to pick up additional product for deliveries the following day.
What are the current average sales for this route?
Currently this route averages $5,081 per week or $264,212 per year. Documentation will be provided to all serious buyers.
How do I get paid?
As an independent distributor you are paid by commission. Commission varies depending on the items sold. This route currently receives an average of 15% of its net weekly sales of $5,081 ($762 per week).
How much can I make?
$762 per week is the routes weekly average, or a gross of $39,624 per year! 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 stores opening, new product lines being added, and simple inflation.
Can I finance the route?
Third-party related financing may be available assuming buyer meets the lending criteria. Term lengths of 3 / 5 / 7/ 10 years are available. Interest rates are set by the lender and conducive with the market. All routes require a down payment at minimum of 10-15%. This required amount would need to be paid prior to closing. This information, and the terms of the route loan program, is subject to change.
What are my expenses and overhead?
Expenses include but are not limited to: route payment (if you finance), fuel, vehicle repairs, computer payment, stale and damaged product 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 $230 per week or $11,960 per year in expenses/overhead (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 is no vehicle included in the purchase. 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 $39,624 per year, minus your $11,960 estimated yearly operating expenses as mentioned above gives you the net of $27,664 per year!
How does the selling price of the route get determined?
All route sales are determined by a ratio based on a weekly sales average. The selling price of this route is $85,000, based on a weekly sales average of $5,081 the selling ratio is approximately 16.7:1!
Do I have to pay for inventory or purchase product up front?
No, you do not have any upfront or out of pocket expenses when purchasing your inventory (inventory is carried from week to week). However, you are responsible for any inventory that is not sold on a weekly basis. Any inventory carried over to the following week will be credited to the following weeks sales/commission.
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent Snyder’s-Lance. The contract is to protect both the company and its distributors.
Why is the distributor selling?
The owner is does not have time to run the route.
How many accounts does the route have and where is the warehouse located?
The route consists of 7 accounts that include popular grocery stores and variety stores. Location of accounts and warehouse will be disclosed upon execution of an NDA.
How long has the seller owned the route?
Current owner has owned a route through Snyder’s-Lance for less than 1 year. The route has been established for years prior.
Do I get paid full commission when something goes on sale?
Yes. Distributors are paid full commission on promotional sales.
How many days a week, and what hours do distributors work?
The current distributor works 4am -12pm, 5 days per week, taking Wednesday and Sunday off. Early morning hours are required.
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 RouteRelief.com. Route Relief® 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 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?
Snyder’s-Lance merged making them the second largest salty snack producer in the country! The company continues to be aggressive promoting growth and adding new product lines. High income producing routes don’t last long! Priced at $85,000. Third-party related financing may be available with $13,000 down! Contact Us About This Route Here!
How can I learn more about these types of routes?
In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Learn More About Snyder’s-Lance Routes 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.