Quick Search Code: NC-40814
Route Information:
| Selling Price | Gross Cash Flow | Estimated Down Payment | Financing Available |
| $150,000.00 | $67,988.00 | $7,500.00 | YES |
About the Route:
Snyder’s-Lance distributorship for sale in Charlotte NC for $150,000. This distributorship comes with a protected territory from Snyder’s-Lance. Financing is available on this route with an estimated down payment of $7,500. You can click https://www.routesrus.com/finance-your-route/ for options to help with the down payment. The normal finance term is 10 years. The company does not require an inventory deposit when route is purchased. This established route currently consists of 45 accounts that consist of grocery stores and convenience stores. The potential to add more accounts is already in place These accounts include, Walmart, Target, Circle K, Quik Trip, Sam’s and more. The route currently has annual sales of $399,932 and has an annual gross cash flow of $67,988. The Distributorship is purchased as an independent distributor and contracted through Snyder’s-Lance. Snyder’s-Lance currently distributes Cape Cod Potato Chips, Kettle Potato Chips, Late July, Snyder’s Pretzels, Lance Crackers, Tim’s Cascade Chips, Skinny Pop, Sensible Portions Veggie Chips, Angies Popcorn, Skinny Pop, Pirate Booty, 4505 Pork Rinds, Terra Chips and more. Snyder’s-Lance is a division of Campbells Snacks. The buyer will have to purchase a truck or trailer in additon to the route. This is route provides income beginning on the first day of owning the route.
This route currently runs and delivers 5 days a week. The normal week is Monday through Friday with weekends off. How to run the route is up to the distributor. This route averages $7691 a week in sales with an average gross weekly income of $1307. This route is paid 17% commission of the routes gross sales. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional customers within the territory.
About Financing:
The company offers financing for this route to qualified applicants. This route is being sold at a multiple of 19.5-1. You will be required to sign and adhere to a distributor agreement with Snyder’s-Lance. Snyder’s-Lance requires distributors to have an LLC.
About Expenses:
All Snyder’s-Lance Distributors are required to acquire and maintain business and vehicle insurance. The amount of coverage will be outlined in your distributor contract with Snyder’s-Lance. The current owner pays an annual business vehicle and liability insurance premium of $2400.
Other expenses will be associated with this route. Here are some examples, this does not represent any and all expenses. These would include:
- Route Payment
- Fuel
- Vehicle Maintenance and/or Repairs
- Employees
- Required state licenses or fees
The current owner estimates the current monthly expenses are $958 monthly, or $11,500 annually. These expenses may or may not include a route payment if you are financing the cost of the route.
About Inventory Costs:
You do not have to pay out of pocket for inventory ordered. You are compensated on the product you sell. You will be accountable for any inventory discrepancies. Snyder’s-Lance does not issue credit for stale product. Snyder’s-Lance will issue credit for defects in manufacturing.
About the Present Distributor:
The present distributor has owned this route for 10 years. The route is being sold due to retirement. The present distributor has agreed to provide training to the new distributor for a maximum period of 2 weeks. If you need time off or vacation time it will be your responsibility as an independent distributor to make sure your customers are serviced as per the distribution agreement. You can sign up for Routes R Us, LLC FREE Route Runner program at: https://www.routesrus.com/route-runners/
How to Get More Information:
If you are interested in this route send us an email or give us a call. We are committed to helping get you the route you want.
Disclaimer: Routes R Us, LLC is a company that helps route owners/route distributors buy and sell routes. Routes R Us, LLC offers brokerage services in most states. Routes R Us LLC’S Marketing & Consulting Division is a division of the Company that provides strategic Marketing and Consulting services exclusively to route owners/route distributors with routes available for purchase. Sellers who contract with Routes R Us, LLC’s Marketing & Consulting Division receive a different set of services that do not include price negotiation, inquiries into the assets of potential buyers, the holding of deposited funds from buyers, or participation in the sale transaction. Routes R Us, LLC brings buyers and sellers together. All agreements are made solely between the buyer and seller, and Routes R Us, LLC is not a party to these agreements. Routes R Us, LLC will not act as a broker in any state where doing so is prohibited by law. In such states, Routes R Us, LLC’s participation is limited to providing marketing and consultant services. Any recommendations or information provided by the Company, including its Marketing & Consulting Division, are opinions based on industry experience. Routes R Us, LLC makes no guarantee of sales or income. It is a prospective buyer’s duty and obligation to verify the accuracy of a seller’s representations and of the seller to satisfy its legal and contractual obligations. Routes R Us, LLC recommends that both prospective buyers and prospective sellers consult with their own attorneys, accountants, business appraisers, and other professionals prior to engaging in any transaction.