What are the current average sales for this route?
Currently this route averages $7,700 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 24% of its gross weekly sales of $7700 ($1848 per week).
How much can I make?
$1848 per week is the routes weekly average, or $98,007 per year! There is plenty of room for growth! Route value can be increased by adding new accounts, new accounts opening, new product lines, and simple inflation.
Can I finance the route?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. However if you need money, 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), gas, stale or damaged product (almost none) and insurance (Note: route payments vary for each distributor, depending on how much money you put down verses how much you finance). The current owner estimates $200 per week 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 runs this route out of a 16′ box truck that is INCLUDED with the purchase of the route. 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 $1848 per week, minus your $200 estimated weekly expenses as mentioned above gives you the net of $1648 bring home, or $86,057 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 $139,000 based on a weekly sales average of $7700; you come up with a selling ratio of 17:1
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 service agreement to represent St. Armand’s Bread. 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?
Distributor wants to retire.
Where is the warehouse located?
Bread is picked up in St. Pete.
How long has the business been established?
Established for 15 years. The seller has owned the business for the last 4 years.
Who sets up the accounts?
An account manager is in charge of setting up new accounts for the company. Most corporate hotels and restaurants require that the company be a “preferred vendor.” This means your company has credibility and the required standards to meet their needs. In other words not just any XYZ company can come in off the street a solicit their business.
How many accounts does the route have?
Currently there are 50 accounts.
Do I get paid full commission when something goes on sale?
Because this route is unique and only wholesales to hotels, there are no promotions. You get paid full commission with every order.
How many days a week, and what hours do distributors work?
Distributors work 5 days a week, taking Wednesday’s and Sunday’s off. Bread is picked up at 2am and the route is complete before noon.
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.
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?
St. Armand’s Bread delivers a quality product and is GROWING! Similar industry related companies sell for much higher ratio’s ranging from Arnold Bread 20:1 to Pepperidge Farm Cookies 40+:1. Priced to sell at $139,000! Hurry this route is one of a kind, and won’t last long at this price! 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.