What are the day-to-day operations of this route?
To summarize, distributors will deliver product to existing accounts that include grocery stores and retail stores usually starting in the morning hours. 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. As a semi-passive owner you will oversee the business and be responsible for ordering product for each route.
What are the current average sales and gross income for this route?
Currently this route averages $27,755 in weekly sales, and grosses $432,978 per year in commission. Income documentation will be provided to all serious buyers.
How do I get paid?
As a master distributor you are paid by commission. This distributorship currently receives an average of 30% of its gross weekly sales of $27,755 ($8,327 per week).
How much can I make?
$8,327 per week is the distributorship’s weekly 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?
Yes, Utz will finance an estimated $177,000 for 7 years. The remaining balance you will have to put down in the form of cash. 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 route payment (if you finance): payroll, warehouse, utilities and handheld computers, (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). It is estimated that there would be $5,927 per week in expenses/overhead or $308,212 per year.
What type of insurance do I need?
Each single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Current independent contractors are responsible for their own insurance coverage.
What type of vehicle do I need?
There are no vehicles included in the purchase. Current independent contractors supply their onw vehicles. 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 $432,978 per year, minus your above-mentioned expenses of $308,212 per year gives you an estimated $124,766 in net income or cash flow.
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 $389,000 based on a weekly sales average of $27,755; the selling ratio is approximately 14:1.
Do I have to pay for inventory or purchase product up front?
No, you do not have any out of pocket expenses when purchasing your inventory. You are however responsible for any inventory that cannot be accounted for through your sales. As long as you run the business as it is designed to operate, you will not have any out of pocket expenses or losses.
Who is responsible for damaged or out of date product?
You are responsible for stale or damaged product. In some cases, depending on the item, Utz will reimburse you.
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent Utz. In turn the company agrees to promote and assist you in growing your business. The contract is to protect both the company and its distributors.
Why is the distributor selling?
The owner is selling due to health reasons.
How many routes does the distributorship have and where is the warehouse located?
This master distributorship includes 5 routes. The accounts on each route include popular grocery stores and retail stores. The location of the accounts will be disclosed upon execution of a Non Disclosure Agreement. The owner will be need to secure a warehouse/storage unit close to the route territory.
Do I get paid full commission when something goes on sale?
When the company discounts an item for store promotions, you are paid full commission on the discounted selling price.
How long has the seller owned the business?
The current owner has owned this route and territory for 2.5 years.
How many days a week, and what hours do distributors work?
Customers service requirements for the distributor will vary from account to account. Hours are based on what is required to meet customer demand. Early morning hours are required. Current distributors work Monday through Friday.
What about vacation time or personal days?
As a 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 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?
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?
Utz distributorships have been expanding and deliver many well-known name brand products such as potato chips, popcorn, pretzels, and much more! Routes are recession proof, and located in a solid, stable, productive area. Utz routes currently offer large territories for expansion and growth opportunities! Don’t hesitate on this semi-passive opportunity! Priced to sell at $389,000! Contact Us About This Route Here!
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