Snyders Lance Route

Snyder’s-Lance Route – Charlotte NC

Quick Search Code: NC-22817
Route Information:

Selling PriceGross Cash FlowEstimated Down PaymentCompany Financing Available
$130,000.00$46,676.00$26,752.00YES

 

About the Route:

  • Price: $130,000.00.
  • Protected Territory through Snyder’s-Lance.
  • Established route with 16 accounts including Walmart, Walmart Neighborhood Market, Circle K, Quik Trip, and more. (New Stores coming soon)
  • Annual Sales of $301,132 and an annual gross cash flow of $46,676.
  • Snyder’s-Lance distributes Snyder’s Pretzels, Cape Cod Chips, Kettle Chips, Lance Crackers, Late July, and more.
  • Snyder’s-Lance is a division of Campbells Snacks.
  • Route runs 5 days a week. (Monday, Tuesday, Wednesday, Thursday, Friday)
  • Average weekly sales of $5,791 with an average gross weekly income of $898.
  • Distributor earns a commission of 15.5% of the route’s gross sales.
  • A pickup truck and/or trailer available for purchase in addition to purchase of route.
  • Potential to increase income through corporate promotions and acquiring additional customers.
  • Independent distributors are responsible for providing service to customers per the distribution agreement.
  • A distributor agreement with Snyder’s-Lance is required.
  • Snyder’s-Lance 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.
  • This route is resilient to economic downturns and situated in a strong, stable, and highly productive region.

About Financing:

  • Financing is available for qualified applicants.
  • Financing options available for an estimated $103,248 with an estimated down payment of $26,752.
  • Financing term is 10 years.
  • This route is being sold at a multiple of 22-1.

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 $10,600, or $883 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment), payments for financing of a truck and/or trailer, or other route related expenses.

About Inventory Costs:

  • Distributors are not required to pay out of pocket for inventory.
  • Commission is paid on product sold.
  • Distributors are accountable for inventory discrepancies.
  • Snyder’s-Lance issues credit for defects in manufacturing.
  • Snyder’s-Lance does not issue credit for out dated products.

About the Present Distributor:

  • The current distributor has owned the route for 13 years.
  • The current distributor is selling the route to pursue a new opportunity.
  • The current distributor will train the new distributor for a maximum period of 2 weeks.

If you need to explore additional financing options, you can find options through the provided link: https://www.routesrus.com/finance-your-route/

Routes R Us, LLC offers a FREE Route Runner program that offers help for vacation time and other time off. You can sign up for this free service using this link: 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.

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