Snyder’s-Lance Route For Sale- Charlotte NC-$130,000

High Growth Opportunity Route-Desired Area

Snyder’s-Lance Route For Sale in Charlotte NC-$130,000.

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Enter Quick Code NC-22817 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/snyders-lance-charlotte-nc-nc-22817/

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About the Route:

Price of this route is $130,000.00. Protected Territory through Snyder’s-Lance. Established route with 16 accounts including Walmart, Walmart Neighborhood Market, Circle K, QuikTrip, 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 trailer is available for purchase in addition to purchase of 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 $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) or payments for financing of a truck and/or trailer. The current owner’s estimated net income after specified expenses is $36,076.