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 gas stations, grocery stores, convenience stores, and markets. usually starting in the morning hours. 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.
What are the current average sales for this route?
Currently this route averages $449,176 per year in sales or $8,638 per week. 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 just over 22.37% of its gross weekly sales of $8,638 per week ($1,932).
How much can I make?
$1,932 per week is the routes gross weekly commission. This number can be increased, by opening new accounts within your designated territory. Route values can also be increased by new product lines being added, and simple inflation.
Can I finance the route?
Need Money? You can review additional Financing Options Here. No seller financing.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, vehicle repairs, and insurance. The current owner estimates $435 per week or $22,620 per year in operating expenses. This does not include a route payment if you decide to finance.
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 worker’s 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 services the route using a 2015 Chevy Express Cutaway Box Truck (188,000 miles) that is included in the purchase. Estimated value is $22,000. Common delivery vehicles used for this type of business are box trucks or trailers. When considering an additional truck purchase, Routes For Sale recommends MAG Trucks.
What is the Gross vs the Net income?
The gross income for the route is $100,464 per year, minus your yearly expenses of $22,620 as mentioned above gives you a net of $77,844 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 $145,000 based on a weekly sales average of $8,638; you come up with a selling ratio of 16.8:1.
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.
Who is responsible for damaged or out of date product?
There are no stale as this is a drop and go delivery route. Anthony & Sons gives credit for damaged product. HUGE!
Do I have to sign a contract?
Yes, as an independent distributor you sign a service agreement to represent Anthony & Sons. 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 pursuing other business interests.
How many accounts does the route have and where is the warehouse located?
Currently there is a total of 38 total accounts that include: c-stores, restaurants, country clubs, delis, 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 this route and territory for less than 1 year.
How many days a week, and what hours do distributors work?
The current distributor work 6 days a week with Saturday off. Service hours for most accounts range from 8pm-2am. Additionally two days per week the owner collects cash during the day from several accounts.
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?
Anthony & Sons is an independent bakery that caters to a niche market with its Italian breads! This route is priced aggressively and includes the vehicle… All cash business! No stocking grocery store shelves… Drop and Go deliveries! Priced to sell at $145,000! 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! For additional Consulting Services with one of our route specialists Request A Consultation Here.