The Route Exchange would be best described as an online route sales advertising and marketing service. The company has been working with several independent operators who are known to own service routes all over the country. The company has been known to provide buyers for chip routes, bread routes, ATM routes, vending machines routes, FedEx routes, landscaping or pool routes and more.
Understanding route sales
Independent routes have been known as small businesses that could cater a great number of advantages to their owner. Some of these advantages would be great compensation, flexible schedule and a no boss or self-employed lifestyle. These kinds of benefits would be few to start with in a route career. However, some of the routes for sale have been wholesale distribution, whereas, others might revolve around package deliveries, ATMs, vending machine sales and more. These kinds of businesses have been service based. As a result, the accounts are always transferred to the new owner.
Starting a vending business
In case, you wish to start a vending business, you could initiate one from scratch or purchase a vending route for sale. Purchasing an existing route could save you plenty of work, effort and paperwork to begin a business. However, it would also cost you a lot more than initiating from scratch. In case, you think you would prefer starting the easy way, then you should check out the below mentioned guidelines on how to purchase a vending route for sale.
Finding routes for sale
You could find routes for sale online, newspaper classified ads and from a real-estate broker. Despite the vending machines are not exactly real estate, a broker might be aware of at least one vending route for sale. Moreover, using a broker has been deemed safer, as they could ensure that the seller is legitimate.
Ask the owner to accompany during route service
When you successfully know about four prospects, you should ask the owner if you could possibly accompany them during his route service. In this manner, you would be able to check out the locations along with seeing whether the machines have been placed in good high traffic places. You could see firsthand whether several people purchase from the vending facilities.
Checking the financial record of the seller
You should narrow down your search to two sellers. In this manner, you would be able to check on the financial records of the seller. It could be quite tricky to review the financial records for a vending business, as it has been mostly a cash based business. You could have your accountant check the financial books of the prospective seller. There could be a chance that the seller has two books, one would be to show you and the other would comprise the actual earnings. They would like to show you they have been making money in the particular route.
Check the vending machines
You could have a mechanic check the vending machines prior to purchasing the route. You should find out whether the machines are still having spare parts available in the market.
Fix documents and review papers
Once you have decided to buy the sales routes, you should hire an attorney to fix the necessary documents and review the papers.
Author Bio : Jay Armour has been a renowned name in the routes for sale business. He has been proudly managing the Route Exchange. He has been doing decently well in the arena. Jay has operated and sold a number of independent routes independently.