Bon Appetit Pastry Route For Sale Raleigh, North Carolina
Bon Appetit Pastry Route for sale in the Raleigh, Apex, Cary, North Carolina region for $75,000! Seller financing available with $55k down. Currently grossing an estimated $216,931 in sales/purchase per year and nets $61,274! Large route territory with 49 accounts, including popular convenience stores and cash accounts. This route is located in a prime location and has huge growth potential. A truck is also included. Current owner is able to service this route in just 4 days a week. Territory is purchased through independent distributor and contracted through Bon Appetit. Bon Appetit requires an additional $10k deposit that is “refundable” once you sell the route. If financing is needed Apply Here.
Frequently Asked Questions:
What are the day to day operations of this route?
To summarize, you will 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 $4,172 per week in sales/purchases or $216,931 per year. Documentation will be provided to all serious buyers.
How do I get paid?
As an independent distributor you purchase product at cost and sell it to retail accounts at wholesale. Product has a markup of $.25 per unit purchased, plus a $0.05 per unit monthly bonus. Current distributor receives an estimated gross profit of $1,388 per week.
How much can I make?
$1,388 per week is the routes weekly average, or a gross of $72,194 per year! This number can be increased, by up selling within your designated territory, soliciting new accounts. Route values can also be increased by new stores opening, new product lines being added, and simple inflation.
Can I finance the route?
The seller is offering financing of $20k over 24 months at a rate of 5%. Need More? You can review additional Financing Options Here. Unfortunately, banks will NOT write business loans against route based businesses for several reasons.
What are my expenses and overhead?
Expenses include, but are not limited to: fuel, vehicle repair, payroll, handheld computers, account service fees, stale or damaged product, and insurance. The current owner estimates $210 per week or $10,920 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 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 this route using a 2003 10′ box truck (220k miles). This vehicle is included in the purchase. Estimated value of this vehicle is $5,000. 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 $72,194 per year, minus your $10,920 estimated yearly expenses as mentioned above gives you the net of $61,274 per year!
How does the selling price of the route get determined?
On average Bon Appetit routes determine the selling price of their route by using up to a 2 multiple of their yearly cash flow/net income.
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 service agreement to represent Bon Appetit. 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 relocating.
How many accounts does the route have and where is the warehouse located?
The route consists of 49 accounts including convenience stores and cash accounts. The locations of the accounts and the warehouse will be disclosed upon execution of a signed Non Disclosure Agreement.
How long has the seller owned the business?
Current owner has owned the route for 4 years.
How many days a week, and what hours do distributors work?
Current owner services accounts from Monday thru Thursday with Friday, Saturday and Sunday off, on average servicing accounts from 5.30am-4pm
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 there are previous distributors for hire that are familiar with route distributorship type businesses.
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?
The company continues to be aggressive promoting growth and adding new product lines… Large route with endless potential! Hesitate on this one and it will be gone! Priced to sell at $75,000! Contact Us About This Route 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 Seller’s 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.
Bon Appetit Pastry
North Carolina Raleigh North Carolina United States