What is the current yearly gross income for this business?
Currently the business grosses $186,758 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
The company works with multiple brokers who pay directly according to the negotiated terms.
Can I finance the business?
There is no seller financing for this route. However, you can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: contractors, fuel, repairs and maintenance, vehicle storage, insurance, licenses, tolls. The current owner estimates $88,225 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 a 2016 Freightliner Cascadia Day Cab and a 2008 Trailmobile 53′ Dry Van Trailer. Estmated value of the vehicles is $65,000. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the business is $186,758 per year, minus $88,225 estimated yearly expenses as mentioned above gives you the net $98,533 as an owner/operator.
How does the selling price of the business get determined?
The selling price has been determined by using a multiple of their yearly cash flow/net income.
Why is the owner selling?
Owner is pursuing other business opportunities.
Is this a viable business model for growth?
Yes! There is huge potential to scale the business.
How long has the business been established?
This business has been established for 3 years.
How many days a week, and what hours does the owner work?
Current owner works 4 days a week – Monday through Thursday, daylight hours.
What about vacation time or personal days?
As a business owner you are responsible for servicing the business. 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?
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. Priced to sell at $195,000! Contact Us About This Route Here!