**SALE PENDING** Snyder's-Lance Route For Sale-Summerville SC-$350,000
| Asking Price: | $350,000 |
| Gross Revenue: | $843,388 |
| Cash Flow: | $130,725 |
| Established Year: | 2010 |
High Volume-High Income-7 Store Route
Snyder’s-Lance Route For Sale Summerville SC-$350,000.
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#SnydersLanceRoute #Summerville #Charleston #SouthCarolina #SC #Business #Routes #RouteForSale #ForSale #Routesrus
Enter Quick Code SC-58103 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/snyders-lance-summerville-sc-sc-58103/
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About the Route:
Snyder’s-Lance distributorship for sale in Summerville SC for $350,000 Financing is available with required estimated down payment. This established route currently consists of 7 accounts. These accounts include Publix, Food Lion, Harris Teeter, and Piggly Wiggly. The route currently has annual sales of $843,388 and has an annual gross cash flow of $130,725. The new distributor will need to purchase a truck and/or trailer in addition to the purchase of this route. Contact Routes R Us for details.
The Distributorship is purchased as an independent distributor and contracted through Snyder’s-Lance. Snyder’s-Lance distributes Snyder’s Pretzels, Cape Cod Chips, Kettle Chips, Lance Crackers, Late July, and more. This is route provides income beginning on the first day of owning the route. The distributor determines how the route is operated.
This route runs and delivers 5 days a week. This route delivers Monday, Tuesday, Thursday, Friday, Saturday. This route averages $16,219 a week in sales with an average gross weekly income of $2,514 and the route is paid an average commission of 15.5% of the routes sales. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional customers within the territory.
About Financing:
Financing is available for qualified applicants. Financing options available for an estimated $284,352 with an estimated down payment of $65,648. Financing term is 10 years. This route is being sold at a multiple of 21.6-1.
About Expenses:
Distributors must have business liability and vehicle insurance. (Specific coverage requirements with be provided by the distribution company) The current distributor pays annual expenses of $12,780, or $1,065 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment) or payments for financing of a truck and/or trailer.
The current owner’s estimated net income after specified expenses is $117,945.
