Snyder's-Lance Route For Sale-Davis CA-$129,000
Asking Price: | $129,000 |
Gross Revenue: | $423,332 |
Cash Flow: | $71,966 |
Established Year: | 2017 |
Great Condensed Route-5 New Customers Currently Being Added to Route
Snyder’s-Lance Route For Sale Davis CA-$129,000
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About the Route:
Snyder’s-Lance distributorship for sale in Davis CA for $129,000 Financing is available with required estimated $36,974 down payment. This established route currently consists of 13 accounts. These accounts include Safeway, Nugget, Walmart, Target, Raleys, and more. The route currently has annual sales of $423,332 and has an annual gross cash flow of $71,966. The new distributor will need to purchase a truck and/or trailer in addition to the purchase of this route.
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, Wednesday, Thursday, Friday. This route can be completed in approximately 24 hours per week. The route averages $8,141 a week in sales with an average gross weekly income of $1,384 and the route is paid an average commission of 17% 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 $92,056 with an estimated down payment of $36,974. Financing term is 10 years. This route is being sold at a multiple of 15.8-1.
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 $11,408, or $951 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 $60,559.
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