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SOURCE Route Opportunity
NEW YORK, Jan. 6, 2014 /PRNewswire/ -- Route Opportunities, one of the largest networks of route owners has provided an up to date list containing the most profitable and fastest growing route businesses. Coming in at number one is Clearette Electronic Cigarette Company, seeing tremendous expansion throughout the U.S. and abroad. Distributors tend to see an easier entry to the route business through Clearette because there is no special licensing or vehicle requirements.
(Photo: http://photos.prnewswire.com/prnh/20140106/NY41336 )
At number two is FedEx with their "Ground and Bulk" and "Home Delivery" routes. FedEx is an established leader in their field and has seen tremendous growth in recent years. However, as a new FedEx route owner, one has to consider the cost of specialty trucks needed to operate their business.
Number three is Entenmann's, including Arnold and Freihofer Bread products as well. Entenmann's has become a household name in pastries and dessert breads, as these products remain a staple of the American diet. However, increasing commodities prices have raised costs and decreased margins.
The best feature of any new route business is the ability to generate equity through growth. Simply by adding accounts or "stops" to a new route, the route owner increases his overall net income. This plays an integral role in calculating the business valuation when it's time to sell either the entire route or a portion of it.
The route owners that make up the community at RouteOpportunity.com focus on a number of criteria throughout all of the route distribution businesses looked at. Brand Awareness, Company Support, High Margins, Low Start-Up Costs and Large Product Variety were the winning factors contributing to Clearette as their top pick.
When choosing a new route, potential distributors need to weigh their options very carefully. Distribution routes are a business and must be treated as such if one wants to reap the rewards associated with being their own boss. Although owning a route may provide freedom from the daily grind, route owners must be responsible in scheduling their day and servicing all of their stops. The opportunity of owning a route could be extremely lucrative for the right person.
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