Bimbo Bakeries Route For Sale-Waxhaw NC-$260,000

Asking Price$260,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$755,872

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Bimbo Bakeries Route For Sale-Waxhaw NC-$260,000


Asking Price$260,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$755,872

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Bimbo Bakeries Route For Sale-Waxhaw NC-$260,000

Enter NC-69482 at RoutesRUs.com for more details, or use the following link: https://routesrus.com/bimbo-bakeries-waxhaw-nc-nc-69482/

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About the Route:

Bimbo Bakeries Route For Sale in Waxhaw NC: $260,000. Route covers part of Waxhaw NC & Indian Land SC. Protected territory through Bimbo Bakeries. Established route with 7 accounts including Costco, Publix, Food Lion, Lowes Foods, and Target. Costco, Lowes Foods and Target are newly accounts added to this route. Annual Sales of $755,872 and an annual gross cash flow of $136,057. Sales should increase significantly with the addition of the new accounts. Bimbo Bakeries distributes Arnold Bread, Thomas’ English Muffins, Thomas’ Bagels, Entenmann’s, Little Bites, and more. Route delivers 5 days a week. (Monday, Tuesday, Thursday, Friday, Saturday). Route merchandises on Wednesday and Sunday.

Average weekly sales of $14,536 with an average gross weekly income of $2,616. Distributor earns an average commission of 18%. New distributor will need to purchase a truck and/or trailer in addition to the price of the route. Potential to increase income through corporate promotions and/or acquiring additional customers. Independent distributors are responsible for providing service to customers per the distribution agreement. A distributor agreement with Bimbo Bakeries is required. Bimbo Bakeries requires all distributors to be incorporated. The distributor determines how the route is operated. This route provides income beginning the first day of owning the route. This route is resilient to economic downturns and situated in a strong, stable, and highly productive region.

About Financing:

Financing is available for qualified applicants. Financing options available for an estimated $200,000 with an estimated down payment of $60,000. Financing term is 10 years. This route is being sold at a multiple of 18-1.

Contact Routes R Us directly for additional financing options.

About Expenses:

Distributors must have business liability and vehicle insurance. (Specific coverage requirements with be provided by the distribution company) The current distributor pays annual expenses of $10,640, or $887 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment) or payments for financing of a truck and/or trailer, or other route related expenses.
About the Business
Years in Operation
4
Facilities & Assets
New distributor will need to purchase a truck and/or trailer in addition to the price of the route. Contact Routes R Us for more information.
Market Outlook / Competition
Bimbo Bakeries is national foods brand with nationwide distribution. This is a recession proof product, and provides immediate income.
Opportunities for Growth
Established accounts with established space. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional space in each of the accounts. Highly dersired Waxhaw NC and Indian Land SC area.
About the Sale
Seller Motivation
The current distributor is selling this route to pursue a new business opportuni
Transition Support
Current distributor is offering 3 weeks of fully supportive training.
Financing Options
Financing available with an estimated $60,000 down payment OAC
Listing Info
ID
2446893
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Business Listed by: Routes R Us LLC

Listing ID: 2446893 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.