THIS ROUTE IS NO LONGER AVAILABLE.

Snyder’s-Lance Route – Charlotte NC (Mint Hill NC)

Quick Search Code: NC-76145

Route Information:

 

Selling Price	Gross Cash Flow	Estimated Down Payment	Company Financing Available
$255,000.00	$76,409.00	$62,518.00	YES

 

About the Route:

• Price: $255,000.00
• Protected Territory through Snyder’s-Lance.
• Established route with just 4 accounts including Harris Teeter, Publix, and 2 Food Lion’s.
• Annual Sales of $492,960 and an annual gross cash flow of $76,409.
• 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 through Friday)
• Average weekly sales of $9,480 with an average gross weekly income of $1,469.
• Distributor earns a commission of 15.5% of the route’s gross sales.
• New distributor will need to purchase a truck and/or trailer on addition to the route.
• Potential to increase income through corporate promotions and acquiring additional customers.
• 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.

About Financing:

• Financing is available for qualified applicants
• Financing options available for an estimated $192,482 with an estimated down payment of $62,518.
• Financing term is 10 years.
• This route is being sold at a multiple of 22.5-1.

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 $8,316, or $693 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.

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 5 years.
• The current distributor is selling to reduce the number of routes owned and to increase efficiency.
• The current distributor will train the new distributor for a maximum period of 2 weeks.
• Independent distributors are responsible for providing service to customers per the distribution agreement.

If you need to explore additional financing options, you can find options through the provided link: https://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://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.