What do you recommend when purchasing a business?
Each party negotiates its own terms and compensation.
Mac tool truck franchise drivers#
Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Additionally, you can network and hire distributors with previous route experience at. It is our recommendation that you hire or train someone for additional time needed off. What about vacation time or personal days?Īs an independent distributor/business owner you are responsible for servicing the route. How many days a week, and what hours does the owner work?Ĭurrent owner works 5 days a week taking Saturday and Sunday off, working 8 hours per day. The current seller has owned the business for 30 years. How long has the business been established? Located in the Philadelphia, Pennsylvania region.
Mac tool truck franchise plus#
To determine a business’s price, a standard formula is to multiply 2 years of the net plus consideration of business assets. How does the selling price of the route get determined? The gross income for the route is $583,018 per year, minus $474,013 estimated yearly expenses as mentioned above gives you the net $109,005 as an owner/operator. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks. Common delivery vehicles used for this type of business are box trucks or trailers. Included in the purchase is a 2004 Freightliner truck (116,000 miles). What type of vehicle/equipment do I need? Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. The current owner estimates $474,013 per year in expenses/overhead for the business (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase). What are my expenses and overhead?Įxpenses include, but are not limited to: cost of goods, fuel, repairs, vehicle maintenance, insurance, tool returns and shipping costs.
You can review additional Financing Options Here. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. How do I get paid?Īs an independent operator you make money by providing tools and equipment to auto repair shops and their mechanics. Income documentation will be provided to all serious buyers. What is the current yearly gross for this route?Ĭurrently this route grosses an estimated $583,018 per year.
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