What are the day to day operations of this route?
To summarize, you will start your day with the bread being delivered directly to your truck in the morning hours before you proceed to deliver product to existing accounts that include: hospitals, nursing homes, restaurants, etc. There are NO grocery stores to deliver to. Your responsibilities will include evaluating and creating orders of product needed for your customers and either delivering the product to the business for shelving or taking a count of the product on the shelves and filling with the current order.
What are the current average sales for this route?
Currently this route averages $5,950 per week in sales. 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 27% of its gross yearly sales of $309,400 or weekly $5,950 ($1,606 per week).
How much can I make?
$1,606 per week is the routes weekly average, or $83,538 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?
Seller will finance up to $30,000. 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, vehicle storage, repairs, tray charge, administration fees, and insurance. The current owner estimates $224 per week or $11,656 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?
Included in the purchase is a 2007 GMC W4500 Box Truck (325k miles). Estimated value is $8,000. 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 $83,538 per year, minus your 11,656 yearly expenses as mentioned above gives you the net of $71,882 per year!
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?
Owner is selling for medical reasons.
Where is the warehouse located?
Bread is delivered to the territory and loaded to your truck.
How long has the business been established?
The seller has owned the business for under 1 year. The route has been established for years prior.
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. Route owners can also seek new accounts themselves.
How many accounts does the route have?
Currently there are 51 accounts that include restaurants, convenience stores, and community centers. Exact locations will be disclosed on execution of an NDA.
Do I get paid full commission when something goes on sale?
Because this route is unique and only wholesales, there are no promotions. You get paid full commission with every order.
How many days a week, and what hours do distributors work?
Owner is working 4 days per week taking Wednesday, Saturday and Sunday off. Early morning hours are required.
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! Seller has communicated that there is more growth potential through additional territory and various other businesses in the area. The sky is the limit with this business! Priced to sell at $120,000! 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.
Chat
