
Snyders-Lance Route – Summerville SC
Quick Search Code: SC-58103
Route Information:
Selling Price | Gross Cash Flow | Estimated Down Payment | Company Financing Available |
$350,000.00 | $130,725.00 | $65,648.00 | YES |
About the Route:
- Price: $350,000.00.
- Protected Territory through Snyder’s-Lance.
- Established route with 7 accounts including Publix, Food Lion, Harris Teeter, Piggly Wiggly.
- Annual Sales of $843,388 and an annual gross cash flow of $130,725.
- 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, Thursday, Friday, Saturday)
- Average weekly sales of $16,219 with an average gross weekly income of $2,514.
- Distributor earns a commission of 15.5% of the route’s gross sales.
- The new distributor will need to purchase a truck and/or trailer in addtion to the purchase of this 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.
About Financing:
- Financing is available for qualified applicants.
- Financing options available for an estimated $284,352 with an estimated down payment of $65,648.
- Financing term is 10 years.
- This route is being sold at a multiple of 21.6-1.
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 $12,780, or $1,065 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, 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 due to retirement.
- 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.