Bimbo Bakeries Route For Sale-Charlotte NC-$289,000

Asking Price$289,000

Cash Flow
$96,393
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$902,980

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Bimbo Bakeries Route For Sale-Charlotte NC-$289,000


Asking Price$289,000

Cash Flow
$96,393
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$902,980

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Bimbo Bakeries Route For Sale-Charlotte NC-$289,000

Enter Quick Code NC-93410 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/bimbo-bakeries-charlotte-nc-nc-93410/

#Ownaroute #Buyaroute #Distributor #Distributorship #Bread
#IndependentDistributor #Bimbo #BimboBakeries #Distributor
#Merchandiser #ThomasEnglishMuffins #Enternmanns #LittleBites #ArnoldBread #Takis #SaraLee #Charlotte #NC #NorthCarolina #Ownabusiness #Business #Routes #ForSale #RouteForSale #Routesrus #BeYourOwnBoss

Check out all our listings at RoutesRUs.com.

About the Route:

Bimbo Bakeries Route For Sale: $289,000. This route covers a portion of Charlotte NC, South Charlotte. Protected territory through Bimbo Bakeries. Established route with only 2 accounts including Walmart and Harris Teeter. Annual Sales of $902,980 and an annual gross cash flow of $96,393. Bimbo Bakeries distributes Arnold Bread, Thomas’ English Muffins, Thomas’ Bagels, Entenmann’s, Little Bites, Takis, Bimbo, and more. Route operates 7 days a week. This route only merchandises, product is delivered directly to the stores by Bimbo.

Average weekly sales of $17,365 with an average gross weekly income of $1,854. Distributor earns a commission of 11.5% on branded products and 5% on private label.
A truck or trailer is not required to operate this route. It can be operated using your personal vehicle. Potential to increase income through corporate promotions and/or acquiring additional space. Independent distributors are responsible for providing service to customers per the distribution agreement. A distributor agreement with Bimbo Bakeries is required. Bimbo Bakeries requires all distributors to be incorporated. The distributor determines how the route is operated. This route provides income beginning the first day of owning the route.

About Financing:

Financing is available for qualified applicants. Financing options available for an estimated $193,520 with an estimated down payment of $95,480. Financing term is 10 years. This route is being sold at a multiple of 16.6-1.

Contact Routes R Us directly for additional financing options.

About Expenses:

Distributors must have business liability and vehicle insurance. (Specific coverage requirements with be provided by the distribution company) The current distributor pays annual expenses of $5,080, or $423 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment), payments for financing of a truck and/or trailer, or additional route related expenses.
About the Business
Years in Operation
5
Number of Employees
1
Facilities & Assets
Bimbo Bakeries requires that the new distributor to have an LLC. Contact Routes R Us for more details.
Website
https://www.Routesrus.com
Market Outlook / Competition
Bimbo Bakeries is national foods brand with nationwide distribution. This is a recession proof product, and provides immediate income. This is a highly derired area of Charlotte NC!
Opportunities for Growth
Established accounts with established space. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional space in each of the accounts.
About the Sale
Seller Motivation
Current distributor is selling to pursue a new business opportunity.
Transition Support
Current distributor will offer 2 weeks of fully supportive training.
Financing Options
Financing available with an estimated $95,480 down payment OAC
Listing Info
ID
2365663
Listing Views
1039

Contact Seller

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Business Listed by: Routes R Us LLC

Listing ID: 2365663 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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