UTZ Foods Route For Sale in Gastonia NC-$120,000
| Asking Price: | $120,000 |
| Gross Revenue: | $362,856 |
| Cash Flow: | $72,571 |
| Established Year: | 2021 |
Monday-Friday Route-High Growth Potential
UTZ Foods Route For Sale in Gastonia NC-$120,000
Enter Quick Code NC-63074 at RoutesRUs.com for more details, or use the following link:
https://www.routesrus.com/utz-foods-gastonia-nc-nc-63074/
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About the Route:
Asking price for this route is $120,000.00. Protected Territory through UTZ Snack Foods. Established route with 43 accounts including Walmart, Harris Teeter, Food Lion, QuikTrip, 7-Eleven and more.
Annual Sales of $362.856 and an annual gross cash flow of $72,571. UTZ Snack Foods distributes UTZ Chips, UTZ Pretzels, UTZ Cheese Balls, Zapps Chips, Zapps Pretzels, Bachman, On The Border, and more. UTZ Foods is a publicly traded company. Route runs 5 days a week. (Monday through Friday) Average weekly sales of $6,978 with an average gross weekly income of $1,396. Distributor earns a commission of 20% of the route’s sales. A truck is available for purchase in addition to the purchase of this route. Potential to increase income through corporate promotions and acquiring additional customers. A distributor agreement with UTZ Foods is required. UTZ Foods requires all distributors to have an LLC. This route provides income beginning the first day of owning the route.
The distributor determines how the route is operated.
About Financing:
Financing is available for qualified applicants for this route. Financing options available for an estimated $66,989 with an estimated down payment of $53,011. Financing term is 10 years.
This route is being sold at a multiple of 17.2-1.
About Expenses:
Distributors must have business liability and vehicle insurance. (Specific coverage requirements will be provided by the distribution company) The current distributor pays annual expenses of $11,392, or $949 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 $61,179.
