**SALE PENDING** Flowers Foods Route For Sale-Matthews NC

Asking Price$315,000

Cash Flow
$242,008
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,159,288

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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**SALE PENDING** Flowers Foods Route For Sale-Matthews NC


Asking Price$315,000

Cash Flow
$242,008
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,159,288

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Flowers Foods Route For Sale-Matthews NC-$315,000


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Enter NC-73619 at RoutesRUs.com for more details, or use the following link: https://routesrus.com/flowers-foods-matthews-nc-nc-73619/

Check out all our listings at RoutesRUs.com.

About the Route:

Flowers Foods Route For Sale in Matthews NC: $315,000. Route covers part of Matthews NC and Mint Hill NC. Protected territory through Flowers Foods. Established route with 15 accounts including Harris Teeter, Costco, Sams, Publix and more. Annual Sales of $1,159,288 and an annual gross cash flow of $242,008. Flowers Foods distributes Nature’s Own, Dave’s Killer Bread, Tastykake, and more. Route delivers 5 days a week. (Monday, Tuesday, Thursday, Friday, Saturday). Route merchandises 2 days a week. (Wednesday, Sunday)

Average weekly sales of $22,294 with an average gross weekly income of $4,654. Distributor earns an average commission of 20.8%. A trailer is available for purchase in addition to the price of the route. Potential to increase income through corporate promotions and/or acquiring additional customers. Independent distributors are responsible for providing service to customers per the distribution agreement. A distributor agreement with Flowers Foods is required. Flowers Foods 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. This route is resilient to economic downturns and situated in a strong, stable, and highly productive region.

About Financing:

Financing is available for qualified applicants. Estimated financing available in the amount of $186,667. An estimated down payment of $126,333 is required. Flowers Foods requires a 10% cash reserve in addition to price of the route (contact Routes R Us for more information). Financing term is 10 years. This route is being sold at a multiple of 14-1.

Contact Routes R Us directly for additional financing options.


About Expenses:

Distributors must have business liability and vehicle insurance. The current distributor pays annual expenses of $12,999, or $1,083 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 other route related expenses.
About the Business
Years in Operation
9
Employees
1
Facilities & Assets
A trailer is available for purchase in addition to the price of the route. Please contact Routes R Us for more details.
Market Outlook / Competition
Flowers Foods is national foods brand. This is a recession proof product, and provides instant income along with growth opportunities. Flowers Foods is a leader in bread distribution.
Opportunities for Growth
The new Distributor will have the rights to distribute Flowers Foods products within an exclusive territory. Established accounts with established space. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional customers within the territory.

Highly desired area of Matthews NC!
About the Sale
Seller Motivation
Current distributor is selling to pursue a new business opportunity.
Transition Support
Current distributor is offering up to 4 weeks of fully supportive training.
Financing Options
Financing available with an estimated $126,333 down payment OAC
Listing Info
ID
2396936
Listing Views
765

Contact Seller

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Business Listed by: Routes R Us LLC

Listing ID: 2396936 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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