Owning a Distributorship. I couldn't recommend him more highly. Fort Worth, TX . ", "I am so pleased at the way things turned out. I had been trying to sell this route for almost 2 years before listing with you. I will keep an eye on the website and I already added myself to the future listings and we will discuss any route that becomes available in my area. Some routes are being priced at 2x yearly profit, which imo is too good to be true. While lucrative and satisfying for most, the business model is not for everybody. ", "I wanted to write you an email and touch base with you. As you look to buy a FedEx Ground route, look for P&D businesses with profit margins between 10%-25% of revenue.These are healthy businesses! This is usually placed in an escrow account or with a third party. Obviously, it is still a tough job, but get someone you can pay very little and it basically runs itself. Join me as i take my Utz Quality Foods route out and service my stores. We are a family owned business specializing in the sale of routes in the greater New York area. Bread routes 2. If more financing is needed you can review additional Financing Options Here . Snyder’s-Lance currently distributes its Snacks distribution business is, generally, a very lucrative to invest in; distributing for a company that offers different brands of snacks is even more profitable. I will recommend you to anyone I come across. Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Distributorship and territory is purchased through Snyder’s-Lance. Now if you’ve been doing research, you’ve also heard of other types of independent and non-protected routes for sale such as: We don’t cover these types of routes at RouteTycoon because these routes resemble a traditional business more than a FedEx or a protected bread route. That company is you when you buy a bread route territory. Our route business, which is family owned, specializes in the sale of routes. Routes are generally very stable and don’t vary much in weekly income, unlike many other types of businesses. Snyder’s-Lance Chip route for sale in the South York County, Pennsylvania region for $298,494! ", "Thanks for bringing me multiple offers, this is a crazy and exciting time for me and I do appreciate everything that you're doing. The best part about owning your very own FedEx route is that it’s yours. These companies like FedEx or Pepperidge Farm just care about making sure their customers are getting served and don’t have ulterior motives. Those 3 expenses are your truck maintenance, gas, and employee (if applicable). Bread and FedEx routes are basically allowing you to represent a corporations established brand image. Although there are many different types of delivery businesses, some of the most popular are bread routes. A free inside look at company reviews and salaries posted anonymously by employees. Snyder's-Lance Cape Cod chip route for sale in Ansonia/Derby/Shelton, Connecticut $ 225,000 $ 75,000 : Ansonia/Derby/Shelton, Connecticut (CT) Snyder Lance snack food route for sale in Greenwich/stamford, Connecticut $ 270,000 $ 2,160 : Greenwich/stamford, Connecticut (CT) Snyder-lance for sale in Morris county, New Jersey $ 540 $ 136 If financing is going to be done through the company, a credit application must also be submitted for approval. Vending machine routes 7. Although there are many different types of delivery businesses, some of the most popular are bread routes. Each contract is different depending on the company, but all of them are the same in that they protect you fully and ensure the seller isn’t trying to pull a fast one on you. Owning a route business can be an extremely fulfilling profession. © 2020 Routes For Sale. One of the bread route companies – Snyders merged with Lance in 2010. I got back from West Virginia 3 weeks ago and everything is going great with the new business. Incorporation Set up a corporation (not LLC) and maintain at least 51% ownership of it. I know people with Martin's routes and they all do pretty well from it. Whether you were born knowing that all roads point to running your own company, or have recently been bitten by the self-employment bug, you will want to consider owning a FedEx route. Your knowledge of the local market and key contacts in the community helped me in my search for the right business to purchase. Risk free! Both the type of route (snack vs bread) as well as volume of route are a factor. The ViaMichelin map of Snyders: get the famous Michelin maps, the result of more than a century of mapping experience. A free inside look at company reviews and salaries posted anonymously by employees. We are IBO with Snyder's Lance. A route that typically generates $2,000 in revenue a month in service billing might sell for $24,000, which is the value of 12 months, she explains. Our The original route brokers since 1984. The Route to Success team has over 17 years of route experience, assisting customers through the process of either buying a route for the first time, or assisting a seller with the sale of their route. We specialize in retail routes such as Arnold Bread, Snyder’s, Wise Chips, FedEx, Boars Head, Martin’s Bread, Pepperidge Farm Cookies, Pepperidge Farm Bread, Snapple, Mission’s, Herr’s, Utz, Tropicana, and many more! All bimbo products avaible. Owning the Wind. It consists of 11 accounts from Anderson to Willows includes 3 Walmart supercenters, 2 Safeways, 3 North State Groc, 1 Food Maxx, 1 Raleys, 1 Marbels The routes weekly average sales for the last 52 weeks is 6500. Cookie routes 4. Snyder's Route Net $113k only $299k with $59k down: $299995: $59995: $2161: Stamford area: Connecticut: Well established, protected and growing Snyder's route. ", "Just want to tell you that your web page is spectacular. A protected route is one in which no other independent operator from the same distributor can deliver to that territory or try t… One of the bread route companies – Snyders merged with Lance in 2010. Our route business, which is family owned, located in long island has been in existence since 1984. Snyder’s-Lance (S-L, henceforth) is an incorporation of several snacks producing businesses. We … One of the most user friendly and functional for any industry. Great Kissimmee Pool Route Own a recession proof business today! Snyder’s grew distribution south to Norfolk, VA, west to Pittsburgh, PA and north to New York as the company began using aluminum foil bags to extend the shelf life of products in these distant markets – it was a first for the industry, and a very practical innovation. Snyder’s-Lance Chip route for sale in the Burleson, Texas region for $93,000! We have all types of routes for sale including fedex routes, bread routes, vending routes, beverage routes and much more. For example, if you purchase a FedEx Ground route with approximately $800,000 in revenue per year, you can expect to … Varies on route. Requires an estimated $17,700 down! 5% down with company financing available. Financing available. I talked with the owner this morning and it sounds like a good thing. I own one route, my wife owns one and my father in law owns one, but my wife and I usually run ours together. In most cases we just need a letter from your bank stating you have the ability to purchase for the full amount or difference not financed by the company. ", "I want to thank you for your input on my personal situation today. FedEx Ground routes 5. They have no protected territory, are prone to competition, usually have a large amount of untraceable cash flow through them, and have often no corporate parent to back up any of the revenue claims the sellers may have. Thanks! Routes for sale - Mr. Route has a huge selection of quality routes for sale in the New York area and the entire east coast. All the sales efforts for routes are performed by their own corporate advertising departments and have corporate sales reps to establish new large clients. Browse through Routes currently for sale in Georgia on BizBuySell. 20% cheaper than other services. ", "I can't thank you enough for helping me get a full price contract within the first week of listing my route with you! Each route also depends on each area and how much the seller charges per customer, says Maria Passantino, real estate broker for Pool Route Brokers. You need to do research. FedEx has had an overall trend of growth for several years now. God bless you, and richly reward you with much continued success. Mr. If you are extremely ambitious, self-motivated and business minded individual looking for the chance to succeed in an entrepreneurial environment, please fill out this form and someone will contact you to review your options. There are two types of route businesses: protected and unprotected. Your fee is well worth it. Route area includes: Elbridge, Weedsport, Port Byron, Cato, Hannibal, Wolcott etc. Snyders Lance routes are a total rip off. You had great advice throughout the buying process! An opportunity came up for me to purchase a route nearby. However, routes already have contracts that have been used by hundreds or even thousands of contractors across the entire nation. Find a seller financed Georgia Route business opportunity today! Snyder’s-Lance Inc. plans to convert its store-delivery routes to an independent-operator structure over the next 12 to 18 months. Snyder lance route for sale in kings mountain North Carolina.Route averages 6500 a week and gets 16.5 percent. I'm pretty familiar with direct store delivery routes, like Bimbo Bakeries, Mission Tortilla and Snyder's-Lance. They deceive you from the beginning. We know that for some, this will be the first time buying a sales Route and that the process can be confusing. The numbers you are saying sound wrong.. Learn more about being a distributor by clicking on the links above. ... Snyder's-Lance Chip Route, South York County, PA Nets Over $92,000 Per Year! You essentially buy the bread from the bakery then sell it to the store i.e. Terrific opportunity to acquire a turnkey route business and work for yourself on your own schedule. Routes For Sale knowledge of the industry can't be beat!! ", "Thanks for all your help throughout this sometimes troublesome transaction. I feel fortunate to have found your business to help me sell my route. 2013 box truck available if needed. With a route, you have the recipe for success and corporate backing just like a franchise and also have the historical income that a traditional established business provides. Independent route, distribution route, delivery route, independent operator (IO or IBO) route, sales route, bread route, chip route, cookie route, vending route, ATM route and … these are things i would ask.. once again.. stay away from a broker. When owners want to sell, many use a broker since the statistics prove that sellers will typically get more even after commission than if they didn’t use a broker (this isn’t always the case, as explained in why your broker sucks). You can hire anyone you wish within reason and have them work immediately. A final meeting time will be established to sign your new distributorship agreement, and the exchange of the business and money will take place between the buyer and seller in the form of a certified cashier’s check. I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. 5x is more reasonable. Owner servicing chains and markets. Getting Started Is Easy. ", "Thanks for the service, having prospects vetted before trying to do business saves a ton of time and connected me with quality investors. ", "I enjoyed working with Routes For Sale throughout the sale of our ATM company in Phoenix. A route business is one in which an independent operator purchases a route and delivers products to various clients, or accounts, within a certain area — called a territory. Distributorship and territory is purchased through Snyder’s-Lance. I can quickly help you determine if routes are right for you or not, as well as help you determine which routes are worth exploring more deeply and which ones you should just pass on. An example is a convenience store where things can be overwhelming with supplier relationships, negotiation on terms and pricing, overhead, rent, utilities, advertising policies, etc. Thanks again! As you look to buy a FedEx Ground route, look for P&D businesses with profit margins between 10%-25% of revenue.These are healthy businesses! I told him it's a guaranteed sale. I would insist on seeing full financial documentation for at least the past 3 years before doing anything. As FedEx creates new routes, they may come up for bid so that you can acquire them. ", "Thank you so much. The route they sold him was a route that had previously been worked by 3 different drivers. We are a family owned business specializing in the sale of routes in the greater New York area. In addition our sellers have asked us to pre-qualify their potential buyers before delivering their financial documents or setting up a face to face meeting. Snyder’s-Lance Chip route for sale in the Burleson, Texas region for $93,000! Route Listing There are many opportunities for companies looking to expand their business ventures into the snack food sales and service industry with S-L Distribution Company, LLC. You’ll make money the day the take over the route. Working a FedEx route is the same everyday – it’s a matter of just coming in to the terminal, looking at the packages that should be delivered for the day and driving around dropping them all off. You can hire anyone you wish … I have had my eye on one specific FedEx Ground business for sale in CO, but the selling broker has an "iffy" reputation, according to what I read on the internet. We were at the docks no later than 2am, sometimes earlier, and were never back home before 8pm. The good thing about the business model of routes is that you’ve got a huge corporation that has done all the leg work of establishing brand names and paying clients. They charge you a 5% transaction fee to sell your route . With each of the aforementioned routes, they’re usually established, profitable, and sold by brokers or the owners themselves. Therefore it is necessary for us to verify that the prospective buyer has ability to purchase with cash and/or is pre-approved through a financial institution. You are awesome. Unless you’ve bought or sold a business in the past, you’ll find that buying a route for sale can be at times an overwhelming experience. Note: It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations. However, many routes of this type (and other business models) can be very lucrative for new owners, but they simply don’t carry the same tremendous benefits of traditional routes. If you’ve just discovered routes, consider yourself lucky and also part of a quickly disappearing minority. ", "The service and personal attention I received from you was exceptional and unexpected, you are truly a high-caliber person. ", "I have read several good reviews on your professionalism with buying/selling routes around the U.S. so I thought I would contact you. Requires an estimated $44,494 down! THE INSTANT ROUTE . Usually after seeing only a few recent paychecks from the company, you can realize that there’s probably not too much variation beyond those checks. In the case of bread routes, it helps to think of a grocery store as basically a consignment store. They never fully own the merchandise of many products on their shelves. Thanks again for your help! Routes provide a high value service that is critical to the business operations of these corporate giants. Today, people for the most part still haven’t heard of what routes are but word is spreading rapidly to change that. He asked if I had it to do over, would I use the same broker, and I said "Absolutely!" Decide Your Income. Walmart. Snyder's Route Net $113k only $299k with $59k down: $299995: $59995: $2161: Stamford area: Connecticut: Well established, protected and growing Snyder's route. Some companies prefer you wear a company shirt. The accounting is usually exceedingly simple since many route companies take care of all your expenses for you before you’re paid out and you’re usually only taking care of 3 expenses after you get paid. Pepperidge farm routes do not do this. It meant a lot to me. After patiently going through listings and explaining details with me, you made sure I got the best value for my needs. After a successful closing, the good faith deposit will be released from the escrow agency. I'm not sure if you would recieve any sort of perk through them (I assume not) but they do offer a lot. Since contracts and agreements on routes like these are strictly between you and the seller, you’ll be going through all the headaches (and risks) of typical business acquisition. Currently generating an estimated $614,536 in yearly sales and nets $77,360! About 50% of our listings provide some type of financing through the distribution company. Snyder’s-Lance DSD Route. Once a selling price for the business has been agreed to, it is now time to execute a purchase agreement between the buyer and seller and place a good faith deposit into escrow. "Very pleased with everything. I appreciate your support. Corporate lenders provide low rate financing - only 5% down required. Are you considering owning a business in Route Sales? After meeting the business owner and touring the route for sale, the next step is to present an offer of purchase for the business. No promo! Independent distribution routes are often referred to by a number of different terms. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. However in most cases additional funding is required to complete the purchase. If you need help getting started, I have dedicated one-on-one consulting options to get you fully up to speed in this highly lucrative industry. Yes, Snyder’s Of Hanover will finance the majority of the route (roughly 125,000) for 10 or 15 years. ", "Thank you for your help selling my route. All Rights Reserved. This was during my summer vacation so I decided to work with him. Get emailed when a new article is published: Routes 101 – The fundamentals of buying a route. If I find myself with the need to sell anymore routes, you will be my first call. Owning a FedEx route is a fantastic business opportunity. Stay in touch. Routes are an excellent first step into business ownership –. ", "Thanks so much for your effort to sell my business. Snyder’s-Lance (S-L, henceforth) is an incorporation of several snacks producing businesses. FLOWERS WILL SELL you the route.. do not buy a flowers route from a broker.. flowers routes go for 10x1 from flowers! The cost has to be capitalized and amortized over 15 years. Lured by the prospect of immediate revenue, most upstart pool professionals enter the field through the purchase of a route. Requires an estimated $9,300 down! Your success will depend on your own effort, enthusiasm, and sales ability. You can see what brokers there are and where they post routes for sale on my page regarding how to find a route for sale. Routes are governed by huge billion dollar reputable companies –. Really stands out. saxon22. Different types of route businesses are available in different parts of the country. We offer our expert advice and work to get a fair market price for both the buyer and seller. Grosses $5,000 a week, nets $1,200. Thanks again for all your help. In fact, it should be viewed as the first of several steps, each of which bring the Buyer and Seller closer to completing the transaction. Contracts with independent businesses can be drafted up craftily to favor the seller if you’re not careful. Routes to Success has been buying and selling route business' since 1996. The good faith deposit should be made at the time you sign the purchase agreement. Make sure the route is well laid out, the trucks are in good shape and the finances are in order. That business model is under the umbrella term “routes.” At this point in time, almost all the routes that you see out there for sale are well established routes that have been around for years. No promo! For bread routes, it’s the same loaf of bread being delivered to the same grocery store. FOR SALE - Asheville, NC - Snyder lance route for sale in kings mountain. We do not require you to send us sensitive information like bank statements or account numbers. When considering buying a vending machine route business, the only thing you have to pay is based on the sales of the locations. The cost has to be capitalized and amortized over 15 years. The options for a route-based service, however, are practically endless. Looking over convoluted balance sheets, trying to understand GAAP accounting, and examining tax returns isn’t even applicable in routes. ", "I'm sending you a guy that wants you to sell his route. Your sight really helped me out of a tight spot thank you. ATM routes 6. When I’m ready sell my current business, you’re my first call. I wanted to thank you for your service and I hope that we can work together on future deals. I am serious about buying a route and really liked the looks of that Pepperidge Farm cookie route. Making the offer can be made at any time during the above process, and should also be noted that it is not the final step. The remaining balance you will have to put down in the form of cash or a cashier’s check. For bread routes, you’re placing orders to the bread company for the grocery stores based on the demand of the stores, picking that order up from the terminal, and then delivering it to the stores and putting it on the shelves. Once the buyer is approved by the company and for financing (if applicable), it typically takes 6-8 weeks for final paper work to be drawn up and signed. Share. Thoroughly understanding the process will assist even a veteran of business transfers in working with all companies involved. Thanks from the bottom of my heart! For example, if you purchase a FedEx Ground route with approximately $800,000 in revenue per year, you can expect to pull in approximately $120,000 in profit (or 15%). Thanks again, and call if I can ever be of any help to you. No matter what type of route you have your income is … INDEPENDENT DISTRIBUTION ROUTES. Mr. Route, The Longest Established route broker in the country. Routes are easy to run in terms of complexity –. Routes do this with less headache than a typical business and less risk than a franchise. Reviews from Snyder's-Lance, Inc. employees about working as a Route Sales Representative at Snyder's-Lance, Inc.. Hi, I`m selling my Snyders Route. If you ever had a paper route as a child, or watched the mailman do his thing, you've had a crash course in route businesses. You have been a most valuable asset during these negotiations. Our 4 offices are open to answer all your questions A-Z. ", "Thank you. ", "You have been very professional and especially diligent in securing information to make informed buying decisions. A 10% minimum down payment is required, and a Flowers related entity can provide financing options (for up to 10 years), or you may elect to seek your own financing. It is a large distribution network of snack business that makes quality snacks to meet … Think about the reasons you want to work for yourself and what you really want out of owning your own business. This article will go over several benefits to owning a route business and why it might be the right (or wrong) business for you. FedEx, Snyders, Flowers, Pepperidge Farm, Bimbo Bakeries, Mission Tortilla, etc). The options for a route-based service, however, are practically endless. It used to be that even 10 years ago, very few people had heard of routes. At the current moment, however, there is another reason so many contractors are selling their FedEx routes: FedEx is currently undergoing major change I'm glad to be working with someone who has done this before and knows what they are doing, because I don't know the first thing about selling routes. Pepperidge Farm, Mission Tortilla, Snyders-Lance, Flowers (Natures Own, Tastycake), Bimbo (Sara Lee, Arnold, Orowheat). ... (as in Post cereal) and Snyder very disturbing. Both FedEx routes and bread routes have their own unique sets of pros and cons and are compared here, but both share similar numerous positive qualities such as: The products sell themselves. Learn about Snyder's-Lance, Inc. culture, salaries, benefits, work-life balance, management, job security, and more. All of a sudden $40,000 can start to look a lot like $400,000 or even more.