Arnold & Bimbo Bread - Thomas English Muffins - Statesville, Charlotte, North Carolina
Arnold & Bimbo Bread Route distributorship for sale $130,000! Financing with an estimated $30k down! Currently grossing $351,624 per year in sales! Distributorship and "protected territory" are purchased through independent distributor and contracted through Bimbo Bakery. Arnold's Bread currently distributes it's well known brands of Thomas English Muffins, Bimbo Bread, Entenmann's Cake, Lender's Bagels, Boboli, and much more! This route delivers to popular grocery stores and retail outlets. Invest now while these are still cheap! Territory for this route is located in the Statesville, North Carolina area (just outside of Charlotte). Motivated Seller!
Frequently Asked Questions:   Price: $130,000   Cash Flow: $46,776   Financing: Yes   Listing: Sold
What are the day to day operations of this route? To summarize, you will start your day by picking up your bread order from the warehouse and then proceed to deliver product to existing accounts that include grocery stores and cash accounts usually starting in the morning hours. Your responsibilities will include the following: Evaluate and creating an order of product needed for the shelf, pull the order from your inventory, receive the order through the back door, and then fill the order to the shelf.
What are the current average sales and gross income for this route? Currently this route averages $6,762 per week in sales or $351,624 per year, and earns a gross commission of $59,776 per year. Income documentation will be provided to all serious buyers.
How do I get paid? As an independent distributor you are paid by commission. This route currently receives an average of 17% of its gross weekly sales of $6762 ($1150 per week).
How much can I make? $1150 per week is the routes weekly average! This number can be increased, by supporting the company's promotions and up selling within your designated territory. Route values can also be increased by new accounts opening, new product lines being added, and simple inflation.
Can I finance the route? Yes, the company will finance roughly $100,000 for 10 years. At an approximate interest rate of 9.5% with good credit and 10.5% with bad credit. Additional qualifications require no bankruptcies or felonies. Down payment for the remaining balance requires a certified cashier's check. If more financing is needed you can review additional Financing Options Here.
What are my expenses and overhead? Expenses include, but are not limited to: route payment (if you finance), fuel, insurance for your vehicle, and liability insurance for your business (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates $250 per week in expenses/overhead or $13,000 per year (route payment if financing not included).
Who is responsible for damaged or out of date product? Arnold Bread gives full credit for stale and damaged product. HUGE!
What type of vehicle do I need? The current owner runs this route with a box truck that is not included with the purchase of the route. Common delivery vehicles used for this type of business are box trucks or trailers.
What is the Gross vs the Net income? The gross income for the route is $59,776 per year, minus your above mentioned expenses of $13,000 gives you an estimated $46,776 in net income or cash flow.
How does the selling price of the route get determined? All route sales are determined by a ratio based on a weekly sales average. The selling price of this route is $130,000 based on a weekly sales average of $6762; you come up with a selling ratio of 19:1
Do I have to pay for inventory or purchase product up front? No, you do not have any out of pocket expenses when purchasing your inventory. You are however responsible for any inventory that cannot be accounted for through your sales. As long as you run the business as it is designed to operate, you will not have any out of pocket expenses or losses.
Do I have to sign a contract? Yes, as an independent distributor you sign a service agreement to represent Bimbo Bakery. In turn the company agrees to promote and assist you in growing your business. The contract is to protect both the company and its distributors.
Why is the distributor selling? Owner is relocating to Florida.
Where is the warehouse located? Located in Charlotte, North Carolina near the airport.
How many accounts does the route have? Currently there are 11 accounts that include: (7) Food Lions, Ingles, Bi-Lo, Walmart, and a Sheetz.
Do I get paid full commission when something goes on sale? When the company discounts an item for store promotions, you are paid full commission on the discounted selling price.
How long has the seller owned the business? The current owner has owned this route and territory for 3 year. Route has been established for many years prior.
How many days a week, and what hours do distributors work? Distributors work 5 days a week, taking Wednesday's and Sunday's off, early morning hours are required. On average distributor works from 3am until 12pm.
What about vacation time or personal days? As an independent distributor/business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally there are previous distributors for hire that are familiar with route distributorship type businesses.
What else should I know? Arnold's Bread delivers many well known name brand quality products, and has been GROWING with its aggressive marketing efforts! Route is recession proof, and located in a solid, stable, productive area. Arnold & Bimbo Bread routes are currently the highest demanded distributorships... As an added incentive Bimbo Bakery gives a $200 monthly pay allowance for wearing their shirts and displaying the company logo's (this is an additional $2400 per year not figured into the above gross). Don't hesitate on this one! Minimum overhead in driving and fuel expense. plenty of additional growth opportunity in the downtown area. Financing available with an estimated $30k down! Motivated Seller! Priced to sell at $130,000! Contact Us About This Route Here!
How can I learn more about these type of routes? In order to provide New Buyers with as much information as possible we have put together a quick overview of the industry. Learn More About Arnold & Bimbo Bread Routes Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.