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 during the third shift. Your responsibilities will include the following: Pickup product from the bakery and deliver to roughly 35 accounts per day. This process takes on average 5-6 hours daily. There are no shelves to stock or merchandise.
What are the current average sales and gross income for this route?
Currently this route averages $1,435,589 a year in sales. Income documentation will be provided to all serious buyers.
How do I get paid?
This route currently receives an average of 15% of its gross sales ($221,858 per year or $4,267 per week).
How much can I make?
$4,267 per week is the routes weekly commission collected! This number can be increased by new accounts opening, new product lines being added, and simple inflation.
Can I finance the route?
Yes, seller financing is available with an estimated $99,000 down! Terms to be discussed. You can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, repair, employees, vehicle lease payments, and insurance. The current owner estimates $2,767 per week in expenses/overhead or $143,892 per year.
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 current owner operates this route with a GMC Savana Box Truck (250k miles) and a Ford HD Transit Van (145k miles) that are both included in the purchase. The GMC Savana Box Truck has an estimated value of $3,000. The Ford HD Transit Van has an assumable lease. Lease expenses have been deducted from the cash flow to reflect. When assuming a vehicle loan or lease a credit check may be required. 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 $221,858 per year, minus your above mentioned expenses of $143,892 gives you $77,966 in net income or cash flow.
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.
Who is responsible for damaged or out of date product?
Bread is only delivered to accounts. There are no stales or damaged product to pickup.
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent the company. In turn the company agrees to promote and assist you in growing your business. The contract is to protect both the company and its wholesaler’s.
Why is the distributor selling?
Owner is pursuing other business interests.
How many accounts does the route have and where is the warehouse located?
Currently there are 115 stops. Accounts include: restaurants, hotels, schools, stores, and more. Location of accounts and warehouse will be disclosed upon execution of an NDA.
How long has the seller owned the business?
The current owner has owned the route for 3 years.
How many days a week, and what hours do distributors work?
Distributors work 7 days a week from 11pm-6am.
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?
Rockland Bakery is a premier custom bakery located in the North East part of the United states that delivers fresh bread, bagels, cakes, and pastries to its customers. Large territory and growth opportunity. This is a 90% all cash business and priced less than most bread routes in the industry at $199,000! Motivated seller offering financing with $99k down! 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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