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Jul 9, 2013

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Hanover, PA

Snyder's of Hanover

Where I stand now.I will be subed out for 2yrs making 10 percent.after the 2 years I will get offered 11:1 on the avg of 7800.so I will buy for 85000 instead of 118000.not set in stone at all but that's where I stand.in 2 yrs I should learn a fair amount about being an IO.  (Jul 31, 2013 | post #4180)

Hanover, PA

Snyder's of Hanover

spot on from you!thanks brother.  (Jul 17, 2013 | post #4118)

Hanover, PA

Snyder's of Hanover

your 3rd paragraph is what I'm leaning towards but only as a sub contractor not an employee.as for your first paragraph he just might let me do it because he wants to start his own biz.how is what I'm sugesting sound?  (Jul 17, 2013 | post #4116)

Hanover, PA

Snyder's of Hanover

What if I try to partner with the seller?he will sub out the route to me and pay me a flat rate every week?then when the route is paid for I can get a substantial raise from him and he can still make money by doing minimal work.he has 4 grocery and good ones also a target.among cash stops I think its a good route,but from the insight you good ibos are telling me its way to high.if I can get this to a 12:1 will be better.I want to do this I don't want to kick my slef later  (Jul 17, 2013 | post #4112)

Hanover, PA

Snyder's of Hanover

Thanks guys.thanks a lot!now I have a much better insight on how that works.if he subs it out to me at first do you think it could benifit me or hurt me..remember I'm very new and never did anything like this but always wanted to.also the 7800 may just be a 5 day run.it I did a saturday like I plan on I could pull a 10000 week.  (Jul 16, 2013 | post #4103)

Hanover, PA

Snyder's of Hanover

That might not include cash stops.he showed me his tax stuff and has an accountant.so the lower the ratio the better it is?  (Jul 16, 2013 | post #4098)

Hanover, PA

Snyder's of Hanover

now this is all a part of learning.I'm pretty sure after taxes and expenses its 51,000.it may not be 18:1 I'm really not sure how the ratio thing works yet..he avgs about 7,800 in sales a week and he dosent do saturdays.with the info given what would be the ratio??remember I'm still doing reasearch,thanks for your input.  (Jul 16, 2013 | post #4096)

Hanover, PA

Snyder's of Hanover

ok how bout u finance me and throw your HOT sister in,and ill let you buy product from me.....for the hustlers and ill get a yugo for you..  (Jul 15, 2013 | post #4093)

Hanover, PA

Snyder's of Hanover

tell ya what..ill throw my first born in too and we got a deal.+ ill give ya my 06 cobalt and a horeshoe set,and a stack of hustler magizines from the mid 80s!  (Jul 14, 2013 | post #4089)

Hanover, PA

Snyder's of Hanover

we diddent get that far yet,but I think up to 200k.  (Jul 14, 2013 | post #4088)

Hanover, PA

Snyder's of Hanover

I believe its 18:1.  (Jul 14, 2013 | post #4087)

Hanover, PA

Snyder's of Hanover

118,000 for the rotue.avg net 51,000 per year including c stops.upscale area and one grocery store in an semi urban part of town not many cape cods and pirates booty going here.but giant brand stuff is a huge seller there.  (Jul 13, 2013 | post #4079)

Hanover, PA

Snyder's of Hanover

I worked at one when I was a kid.last year I managed a 7_11.but I been a welder for 7 yrs dude lol!!I'm sick of getting burnt haha.  (Jul 11, 2013 | post #4076)

Hanover, PA

Snyder's of Hanover

he has spread sheets for everything he uses organization like I have never seen before.the mentor has been in the snack biz for 10 yrs.and he will sub it to me first so I can get my feet wet.he said he is willing to help me.guess he has to since his neck would still be on the line.I took a dry run with him.he services an upscale neighbor hood so I might be lucky.I have a ton to learn.but with being a rookie I will be forced to be careful about what goes on the truck and how I distribute it.  (Jul 11, 2013 | post #4075)

Hanover, PA

Snyder's of Hanover

thank you for the input.it is very much abliged.  (Jul 11, 2013 | post #4074)