Newark Delaware – Elkton Maryland Vending Route for Sale

PRICE: $75,000 – WEEKLY SALES: $2,100 (2019), $1,250 (2020 COVID)

This listing is for a vending machine route with accounts in Newark, Elkton, Middletown, North East and Wilmington. The asking for this route is $74,000. The owner services 24 vending machines at 23 accounts in the area. Accounts consist of schools, apartment complexes, gyms and other types of businesses. All of the vending machines and any other miscellaneous equipment used to run the route will also be included. The route averaged approximately $2,100 per week in gross sales volume in 2019.

WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?

The route owner is responsible for servicing their customer base and ensuring that the vending machines are well stocked and maintained for the consumer. Route owners will order, deliver and stock product accordingly. The current owner estimates an average of approximately 30 hours of service time per week. The current owner typically works Monday-Friday between 8am and 5pm.

GROSS EARNINGS/COMMISSIONS

This route did $2,100 per week in gross sales during 2019. Sales volume in 2020 was around $1,250 per week largely due to COVID shutdowns and restrictions. Sales volume is expected to increase to $2,000+ in 2021

OPERATING COSTS

Typical expenses include cost of goods sold (inventory), fuel/gas, storage and vending equipment maintenance. The current owner estimates $900 per week in route operating expenses. Operating costs will vary from owner to owner depending on a variety of factors. This leaves a net cash flow of approximately $1,200 per week for the route owner (pre-COVID)

GROWTH POTENTIAL

The owner can add new accounts as they see fit. There really is no growth limits for a vending route. If you are motivated and want to find/secure new accounts then you are certainly free to do so. Several accounts would be terrific candidates for an open market which would also drive revenue/ profit higher

FINANCING

No owner or company financing is available. Third party funding may be available for qualified buyers (680+ credit score, clean credit history, etc)

VEHICLE AND OTHER EQUIPMENT

All vending machines and any other misc equipment such as crates, dollies, repair parts, etc.

TRAINING

The current owner has agreed to provide training to the buyer.

SCHEDULE

The route owner simply needs to make sure that their customers are taken care of, inventory is being managed properly, and sales are being maximized. Sales volume varies from week to week and month to month. Most weeks require approximately 30 hours of week with flexibility on days/hours.

REQUEST MORE INFORMATION

Our route blog is a fantastic place to find more information on the distribution route business. There are a wide variety of articles including overviews on different types of routes (bread, snack, vending, etc) and others that discuss general route operating topics.

If you are interested in acquiring more information on this route please submit our non-disclosure agreement here. Please note the route number or route location on your NDA submission so that we can send over the correct information.

If you have any other questions please feel free to contact us through this form or by email at Jay@TheRouteExchange.com

Central and Eastern North Carolina Vending Route for Sale

Price: $50,000 – Weekly Sales: $800

This is a very well established gum and candy vending route with a total of 2,261 machines in 1,187 locations. The routes stretch from Lumberton, NC all the way to the coast, and they include great cities like Raleigh, Fayetteville, Jacksonville, and Greenville.

The owner has great relationships with the account locations they created a new charity contract with Fisher House Veterans’ Charity. The purchaser could use whatever charity contract they wish or forgo charity commissions altogether. Half of these machines are set to sell two 1850 county gumballs for a quarter. They could EASILY double their revenue if they were changed to one gumball for a quarter. The other machines are set to vend a small handful of smaller gum/candy for a quarter.

The current owner did not lose machines/locations during COVID. There has been a decrease in revenue but all accounts are still in good standing. Sales figures are bouncing back nicely. The owner has sales figures from 2019, 2020 and 2021 YTD which can be provided once we have a non-disclosure agreement on file.

The buyer will receive all machines, as well as several hundred extra machines in storage, all product on hand, counting machines, and all necessary training. This is perfect for someone who already has NC route sales and would like to beef up their existing locations/revenue.

To request more information please submit our NDA at www.therouteexchange.com/non-disclosure-agreement and note that you are interested in route # 545. Thank you!

Rutland Vermont Snack Route for Sale

Price: $132,000 – Weekly Sales: $14,000

This listing is for a Snyder’s-Lance snack distribution route with a price of $132,000. The owner distributes a variety of snack related products to major grocery retailers including Hannaford, Shaws, and several others. The accounts and storage location for product pickup are both in Rutland.

The route is currently averaging approximately $14,000 per week in gross sales volume. The route generates $2,100 per week in gross commissions based on a 15% commission rate.

The distribution rights and protected territory are purchased through the current route owner and contracted through the product manufacturer. This is a turnkey wholesale distribution route opportunity with consistent sales volume and support from a number one selling food manufacturer. Full training will be provided.

WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?

The route owner is responsible for servicing their customer base and ensuring that product is well stocked and maintained for the consumer. Route owners will order, deliver and stock product accordingly. The current owner makes deliveries Monday, Tuesday, Thursday and Friday with typical hours from 5am-2pm and then Saturday from 5am-10am. The current owner works a total of 40-42 hours per week.

GROSS EARNINGS/COMMISSIONS

This route is currently averaging approximately $14,000 in weekly sales volume. With an average commission rate of 15% the owner generates $2,100 per week in gross commissions. The sales volume can be confirmed through sales reports/invoices. Sales reports and other information can be provided once we receive an NDA submission.

OPERATING COSTS

Typical expenses include fuel/gas, vehicle insurance, vehicle maintenance, commercial liability insurance (often added on to vehicle policy) and handheld/printer/warehouse expenses. Currently the route operators cover all of their own operating costs. If a new owner wanted to run one of the routes then the current owner estimates $300 per week per route in operating expenses. Operating costs will vary from owner to owner depending on a variety of factors.

GROWTH POTENTIAL

There are display opportunities and the potential for more space in stores that is not being maximized with the current route operator.

Nearly every route has growth potential both within the current accounts or by adding new customers to the route. The route owner can work with current accounts and company managers to maximize sales volume. New accounts such as independent grocery stores, restaurants, schools, hospitals and other accounts could potentially be added to the business as well. The company sales managers do provide support with these growth efforts.

FINANCING

A down payment of approximately $9,000 is required. The remaining amount can be financed through the company and their bank partner for qualified buyers.

VEHICLE AND OTHER EQUIPMENT

N/A

TRAINING

The current owner has agreed to provide training to the buyer. In addition to training from the current route owner, the company will provide some assistance when possible and will always provide administrative/sales support. The manufacturer wants their route owners to be successful so you will have a solid support system behind you.

SCHEDULE

The current route owner takes Wednesdays and Sundays off. Merchandising work may be necessary on those days but can be easily outsourced if the owner chooses to do so. The current owner typically works 40-42 hours per week.

Owning a route means that you are an independent owner/operator/contractor. You are ultimately responsible for the success of the route operation and you will need to find route coverage if you are sick or on vacation. Most route sellers and existing owners have a coverage person whose contact information they can share. Otherwise you are free to train someone to run your route while you are unavailable. It can require some effort and coordination to setup time off…but it does provide a lot of flexibility once you have a person or two that can cover your route operation when requested.

PURCHASING PROCESS AND REQUIREMENTS

Route buyers will have an opportunity to meet with both the current route owner and the management team at the company. You will need company approval to purchase the route. Credit checks and background checks may be necessary as well. Most companies are requiring that route owners have an LLC or corporation so that they are personally separated from the business. The incorporation process is relatively straightforward for most states and can typically be completed through your state’s secretary of state/business registration website.

REQUEST MORE INFORMATION

Our route blog is a fantastic place to find more information on the distribution route business. There are a wide variety of articles including overviews on different types of routes (bread, snack, vending, etc) and others that discuss general route operating topics.

If you are interested in acquiring more information on this route please submit our non-disclosure agreement here. Please note the route number or route location on your NDA submission so that we can send over the correct information.

If you have any other questions please feel free to contact us through this form or by email at Jay@TheRouteExchange.com