Snyder's of Hanover
mass io

Plainville, MA

#1065 Jul 14, 2011
Yaz in Florida wrote:
<quoted text>
Mass IO,
I suspect that the contract you guys have is older than the one most of us have, specially down south. The multiplier they will be paying us on is the exact multiple we bought at but definately not market value which is disappointing.
I also expect to get a check when this is all said and done, based on the growth of the revenue within my territory and obviously the fact that we have paid down on the original note.
I believe that your contract will put you guys in a better situation than most other regions. Good for you and any sales of routes within the last 2 years should net you guys good $ when the buyout finally takes place in your area.
BTW, one last thing, we have been informed here in S Florida that we WILL roll out and go Live July 25 as expected, the only change is that we will be on Service contracts because paperwork for routes, trucks etc. is really behind, DM here says up to 8 weeks possibly. I suspect this will have a domino effect and be the same in other areas.
Anybody from Texas or KC that can confirm if they are behind on their timeline there too?
----------

Yaz,

Thanks for all the inforamation. This will ease alot of IO's in this area. Like I stated before I just hope Snyders honors our contract and be willing to work with IO's everywhere in the US. I would hope Snyders-Lance going foward realizes we all have the same goal, making MONEY, lot's of MONEY.
ppc

Virginia Beach, VA

#1066 Jul 14, 2011
i am an io in va. we are in the middle of the lance guys coming over to our system. the co. has not told us anything about how the new routes will be cut, or who will get what routes. does anybody know how they did the routes in other areas and how they decided who got what stores?
just tryin to survive

United States

#1067 Jul 14, 2011
ppc wrote:
i am an io in va. we are in the middle of the lance guys coming over to our system. the co. has not told us anything about how the new routes will be cut, or who will get what routes. does anybody know how they did the routes in other areas and how they decided who got what stores?
yes, the managers will hand pick who gets what, that is what they told us in our meeting. They will take different factors into account, how long you have been with the company, how well your route stays in shape, custumer satisfaction, route growth and so on
lance newbie

Allentown, PA

#1068 Jul 14, 2011
i hope maybe they use their brains and take some basics into account, like where you live as well.
just tryin to survive

United States

#1069 Jul 14, 2011
lance newbie wrote:
i hope maybe they use their brains and take some basics into account, like where you live as well.
they want to give you a route as close to where you live as possiable
ppc

Virginia Beach, VA

#1070 Jul 14, 2011
why would they care where you live, they will not be paying for gas or anything else.
Yaz in Florida

Fort Lauderdale, FL

#1071 Jul 15, 2011
ppc wrote:
why would they care where you live, they will not be paying for gas or anything else.
You answered your own question.

They will not be paying for your gas, but they know that it IS one of the main gripes an IO has, the cost of gas. If they didn't do this people would complain even more than they do now.

The factors will be, but not limited to, proximity of your route to where you live, your current rapport within your accounts, time with the Co. and your performance (whether you like it or not the last few years have been an audition for something like this).

As I wrote in another post, what I have seen here in S Florida over the last few weeks as they have been presenting everyone with their prospective routes has been pretty fair. The majority of the drivers have come away pretty happy with what has been proposed to them.
just tryin to survive

United States

#1072 Jul 15, 2011
Yaz in Florida wrote:
<quoted text>
You answered your own question.
They will not be paying for your gas, but they know that it IS one of the main gripes an IO has, the cost of gas. If they didn't do this people would complain even more than they do now.
The factors will be, but not limited to, proximity of your route to where you live, your current rapport within your accounts, time with the Co. and your performance (whether you like it or not the last few years have been an audition for something like this).
As I wrote in another post, what I have seen here in S Florida over the last few weeks as they have been presenting everyone with their prospective routes has been pretty fair. The majority of the drivers have come away pretty happy with what has been proposed to them.
that is good news, let us know how accurate the numbers are once you have run it for a bit

Since: Apr 11

Location hidden

#1073 Jul 15, 2011
lol, as if they care about our expenses rising when disc./comm.% being cut and 13% of promos being payed by i/o. it benefits them for you to live near your stores so when they have a service issue you'll be right around the corner to save the day. whatever their decision is, if it dont benefit them in some way they wouldnt do it!
Yaz in Florida wrote:
<quoted text>
You answered your own question.
They will not be paying for your gas, but they know that it IS one of the main gripes an IO has, the cost of gas. If they didn't do this people would complain even more than they do now.
The factors will be, but not limited to, proximity of your route to where you live, your current rapport within your accounts, time with the Co. and your performance (whether you like it or not the last few years have been an audition for something like this).
As I wrote in another post, what I have seen here in S Florida over the last few weeks as they have been presenting everyone with their prospective routes has been pretty fair. The majority of the drivers have come away pretty happy with what has been proposed to them.
northeast snackman

Plainville, MA

#1074 Jul 15, 2011
boxhard wrote:
lol, as if they care about our expenses rising when disc./comm.% being cut and 13% of promos being payed by i/o. it benefits them for you to live near your stores so when they have a service issue you'll be right around the corner to save the day. whatever their decision is, if it dont benefit them in some way they wouldnt do it! <quoted text>
----------
I totally agree with you Boxhard. The peope who bought into a route knew where the warehouses were from day 1. All of th sudden Snyders cares about our expenses? And the fact Snyders once again controlling what routes people can buy? Does anyone tell them where Snyders coporate can live and what house they can buy in a certain area? Wake up people. Snyders is going to spend your money, tell you what to do, when to do it, an how to do it. Nothings changed except corporate will need larger pockets to stuff more money into them. I'm going to invest over $100,000 on a route Snyders picks for me? Wake up.....
Yaz in Florida

Fort Lauderdale, FL

#1075 Jul 16, 2011
northeast snackman wrote:
<quoted text>
----------
I totally agree with you Boxhard. The peope who bought into a route knew where the warehouses were from day 1. All of th sudden Snyders cares about our expenses? And the fact Snyders once again controlling what routes people can buy? Does anyone tell them where Snyders coporate can live and what house they can buy in a certain area? Wake up people. Snyders is going to spend your money, tell you what to do, when to do it, an how to do it. Nothings changed except corporate will need larger pockets to stuff more money into them. I'm going to invest over $100,000 on a route Snyders picks for me? Wake up.....
I cannot disagree with anything you wrote, but don't forget that they will only be presenting these routes to you and they will not have a gun in their hand forcing anyone to buy. It is unfortunate that they are forcing the buyback of routes to them, that is the real problem. When they offer you a new route EVERYONE will have the option to decline.
Yaz in Florida

Fort Lauderdale, FL

#1076 Jul 16, 2011
just tryin to survive wrote:
<quoted text> that is good news, let us know how accurate the numbers are once you have run it for a bit
In my case even though I have yet to run the stores with ALL items yet (July 25) I have come to believe before anything was written in stone that the numbers in Publix and Winn Dixie, our main accounts here are pretty accurate. I asked everyone of those accounts within my territory at the beginning of the spring to run a 3 month report and the numbers compare to a TEE to what was presented to me.

I think what may be scary is the numbers in other accounts like C-stores, Target, Wal Mart and Independent markets.
The Truth

Spring, TX

#1077 Jul 17, 2011
You have a choice????? Not really Here is your route Oh, You dont want it Ok Dont have anything else for you Thanks for coming Not a choice...
MeMe

Seminole, FL

#1078 Jul 17, 2011
Yaz in Florida wrote:
<quoted text>
You answered your own question.
They will not be paying for your gas, but they know that it IS one of the main gripes an IO has, the cost of gas. If they didn't do this people would complain even more than they do now.
The factors will be, but not limited to, proximity of your route to where you live, your current rapport within your accounts, time with the Co. and your performance (whether you like it or not the last few years have been an audition for something like this).
As I wrote in another post, what I have seen here in S Florida over the last few weeks as they have been presenting everyone with their prospective routes has been pretty fair. The majority of the drivers have come away pretty happy with what has been proposed to them.
Next week is our last week as Snyder's of Hanover, on the 25th we transition over to Snyder's-Lance. Snyder's has tried to put everyone on a route that is close to their home. Alot of people decided to stay with their old route because they did not want to change alot of stores. I personally am very happy with what I was offered. We will be on service contract for about a month, only because their are soooo many applications and that is understandable.
lance newbie

Allentown, PA

#1079 Jul 17, 2011
idk what this "service contract" actually is? does that mean you are not yet invested? dont have a loan or anything on your name yet? just kinda running the route while your paperwork is on hold?
Holy Bat Farts Batman

Lawrenceville, GA

#1080 Jul 17, 2011
lance newbie wrote:
idk what this "service contract" actually is? does that mean you are not yet invested? dont have a loan or anything on your name yet? just kinda running the route while your paperwork is on hold?
Service agreement is that you agree to work a certain route for Snyder's without making a week note to the bank. So basically, same as now, you have no rights and if you haven't signed a letter of content to buy, they will sell the route out from under you and there is nothing you can do about it other than buy the route or look for a job.
Yaz in Florida

Fort Lauderdale, FL

#1081 Jul 17, 2011
lance newbie wrote:
idk what this "service contract" actually is? does that mean you are not yet invested? dont have a loan or anything on your name yet? just kinda running the route while your paperwork is on hold?
Yes, it is exactly as you stated on your post.

Everything is always being spun with MASSIVE negativity by the poster above ^^^^^ the hatred is so evident.
Holy Bat Farts Batman

Lawrenceville, GA

#1082 Jul 17, 2011
Yaz in Florida wrote:
<quoted text>
Yes, it is exactly as you stated on your post.
Everything is always being spun with MASSIVE negativity by the poster above ^^^^^ the hatred is so evident.
Am I right? Come on boy, tell us where I am wrong.
Philip R

Ardmore, OK

#1083 Jul 17, 2011
I just thought I would update everyone here on my situation down south. For those who haven't read any of my previous posts, I have been looking in to buying a route for the past month or so. I have been hired on by Snyders-Lance as a temporary employee for a couple/few weeks as a salaried route runner. I am riding along on the route I am intending to buy at the moment (last week was my 1st week). It is a combo route (mass merchants-grocery-restaurant-c store) and it is a rural route. From what I saw last week being on the route, and from the sales numbers I pulled from the handheld from the previous week, the sales numbers they gave me as the 12 month average are pretty accurate.

The route is run out of a bin since it is in a rural location, which is going to cause some issues. It appears I might not get a settlement check for a few weeks until my inventory is paid for. There is really no way aroung carrying $2000-$3000 in inventory on this route when I only get to order product once a week. I am planning on asking them to finance an extra amount on top of the route to pay for inventory. We will see what happans with that.

I haven't gotten answers to some of my questions yet either. For example, my DM was supposed to check on a stale allowance (he actually said he thought there was an allowance, we shall see!). Haven't gotten written assurance on commission rates/discount rates.

I am still searching for the right truck/trailer to purchase also. So far I have looked at box trucks, cargo vans, cutaway vans, sprinter vans, and even cargo trailers I can pull with my truck.

If anyone out there is running a route out of a bin, I am interested in hearing about all aspects of your route, especially inventory control. I just don't see any way to be nearly empty at the end of the week and properly service all my stops. Pretty much a catch-22 to get a paycheck.
ppc

Virginia Beach, VA

#1084 Jul 17, 2011
does anyone know if you have to incorporate yourself when you buy the new routes ? also are they charging fees for selling the old routes back to co. and charging us again to buy the new routes?

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