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 in the morning hours and then proceed to deliver product to existing accounts that include: convenience stores and markets. Your responsibilities will include the following: evaluating 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. Some accounts are “drop and go” which means that you are simply required to deliver the product.
What are the current average sales for this route?
Currently this route averages $11,536 per week in sales or $599,897 per year. 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 38% of its gross yearly sales of $1,578,676, or weekly $30,359 ($11,536 per week).
How much can I make?
$11,536 per week is the routes weekly income average, or $599,897 per year! There is plenty of room for more growth! Route value can be increased by adding new accounts, new accounts opening, new product lines, and simple inflation.
Can I finance the route?
Financing available through our third party source Apply Here. There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, stale or damaged product and insurance (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates $5,492 per week or $285,560 per year in expenses/overhead.
What type of insurance do I need?
Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
What type of vehicle do I need?
The business is operated with 8 vehicles that are included with the purchase. Vehicles include five Ford E-350’s, two GMC 3500’s, and an Isuzu NPR-HD all between years 1993 and 2008. Estimated value of trucks totals $80,000. Common delivery vehicles used for this type of business are box trucks or trailers. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
What is the Gross vs the Net income?
The gross income for the route is $599,897 per year, minus your $285,560 yearly expenses as mentioned above gives you the net of $314,337 per year!
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.
Why is the distributor selling?
Seller is retiring.
How long has the business been established?
The seller has owned the business for 31 years.
How many accounts does the route have and where is the warehouse located?
There are currently 200 accounts. The locations of the accounts and the warehouse will be disclosed upon execution of a Non Disclosure Agreement.
Do I get paid full commission when something goes on sale?
Because this route is unique and only wholesales, there are no promotions. You get paid full commission with every order.
How many days a week, and what hours do distributors work?
Distributors currently works 5 days a week taking Sunday and Wednesday off. Distributor works approximately 6 hours per day. Early morning hours are required.
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, you can network and hire distributors with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
What is required in order to qualify for purchase?
Typically, most company routes or distributorships will require you to attend an interview for approval from the company, background check, and form an entity such as an LLC or Corporation. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Gold Medal Bakery delivers a quality product. The family business philosophy is simple: “start with the best possible ingredients, provide on-time, courteous service, and maintain a relationship based on honesty, integrity and good will.” The sky is the limit with this business and brand! Priced to sell at $899,000! 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 Independent Bread Routes Here!
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