Snyder’s-Lance Route For Sale Charlotte NC-$139,000
| Asking Price: | $139,000 |
| Gross Revenue: | $326,924 |
| Cash Flow: | $53,942 |
| Established Year: | 2016 |
4 Day Route with Growth Potential
Snyder’s-Lance Route For Sale Charlotte NC-$139,000
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About the Route:
Snyder’s-Lance route in Charlotte NC: $139,000. Protected Territory through Snyder’s-Lance. Established route with 25 accounts including Walmart, Walmart Neighborhood Market, BJ’s, Circle K, Quik Trip, and more. Annual Sales of $326,924 and an annual gross cash flow of $53,942. 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 operates 4 days a week. (Monday, Tuesday, Wednesday, Friday) Average weekly sales of $6,287 with an average gross weekly income of $1,037. Distributor earns a commission of 16.5% of the route’s gross sales. The new distributor will need to purchase a truck and/or trailer in addition 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 $112,091 with an estimated down payment of $26,909. 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 $9,040, or $753 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 $44,902.
