Pepperidge Farm Bread Route For Sale - Distributorship in Charlotte, North Carolina
Pepperidge Farm Bread route for sale $132,000! Financing with an estimated $51K down! Currently grossing $345,852 per year in sales and nets $60,070! Distributorship and territory is purchased through seller and contracted through Pepperidge Farm. Pepperidge Farm currently distributes it's well known brands of bread to select grocery stores and retail outlets. This is truly an INCREDIBLE Opportunity! Routes continue to increase in value and have been established for many years. Territory for this route includes the Charlotte, Matthew North Carolina area.
Frequently Asked Questions:   Price: $132,000   Cash Flow: $60,070   Financing: Yes   Listing: Inactive
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 for this route? Currently this route averages $6651 per week or $345,852 per year in sales. 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 20% of its gross weekly sales of $6651; $1330 per week or $69,170 per year.
How much can I make? $1330 per week is the routes gross weekly average or $69,170 per year. 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 stores opening, new product lines being added, and simple inflation.
Can I finance the route? Yes, financing is available for roughly $81,000, assuming a credit score of 650 or higher for 10 years at an estimated 7%. The remaining balance you will have to put down in the form of a certified cashier's check. Note: Minimum credit score of 500 required for financing. Your credit score will determine how much you need down. 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 through the company). The current owner estimates $175 per week or $9,100 per year in operating expenses.
Who is responsible for damaged or out of date product? Pepperidge Farm offers an allowance for stale and damaged product. HUGE!
What type of vehicle do I need? The current owner services the route with a 2008 GMC box truck ($138k miles) that is includeds with the purchase. Estimated $13,000 value!
What is the Gross vs the Net income? The gross income for the route is $69,170 per year, minus your yearly expenses of $9,100 as mentioned above gives you a net of $60,070 per year.
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 $132,000 based on a weekly sales average of $6651; 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 contract to represent Pepperidge Farm and designate your protected territory boundaries. The contract is to protect both the company and its distributors.
Why is the distributor selling? Owner has been promoted at job and can no longer can run the business too.
Where is the warehouse located? Located in Charlotte, North Carolina.
How many accounts does the route have? Currently there are (4) Harris Teeters, (1) Target, (4) Food Lions, (1) Publix, (1) Sams Club, (1) Costco, and (2) Wal-Mart for a total of 14 accounts.
Do I get paid full commission when something goes on sale? Yes, this is one of the rare companies that will pay you full commission on the sale price of an item regardless of the discount it is being promoted at. In other words if an item goes "Buy One, Get One Free", you are NOT working for half commission.
How long has the seller owned the business? The current owner has owned this route and territory for 2 years.
How many days a week, and what hours do distributors work? The current distributor works as needed to service customers. Service hours for most accounts range from 3am-9am. New buyers may be required to submit a business plan outlining service levels.
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 in most areas there are retired distributors who cover vacations from time to time.
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 in most cases require the buyer to form some type of 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? Pepperidge Farm is an aggressive company and GROWING year after year! This route is right and includes the computer handheld. Priced to sell at $132,000 with vehilce included! Financing with an estimated $51k down! Early hours allow great flexibility and freedom of personal time. 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 Pepperidge Farm 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.