Woonsocket Retail Bread Route for Sale. Training Incld. Truck Negotiab

Asking Price$140,000

Cash Flow
$88,000

EBITDA$88,000

Gross Revenue$104,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Woonsocket Retail Bread Route for Sale. Training Incld. Truck Negotiab


Asking Price$140,000

Cash Flow
$88,000

EBITDA$88,000

Gross Revenue$104,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Price: $140,000 – Weekly Sales: $6,480

Incredible Woonsocket, Rhode Island bread route with protected distribution rights for major brands to major chain grocery accounts. The accounts are all retail locations. The route owner is responsible for ordering, delivering and selling Panera, Holsum, Fiber One, Gold Medal, Bernardino’s Bakery products and other bakery items to their customers. The warehouse/depot for product pickup is located in Falls River, RI.

The current owner averages approximately $6,480 per week in gross sales. The owner earns approximately 31% commission on their sales volume or $2,000 in gross income per week. This is a VERY high commission rate…most bread routes earn 16-20% commission. Operating costs vary from owner to owner but generally include gas, insurance, maintenance and storage/parking.

Schedule is relatively flexible as long as deliveries are made as necessary…the current owner works four days per week (Monday, Tuesday, Thursday and Saturday) and approximately eight (8) hours per day. An owner could work five days per week and shorter days if they preferred to do so. Full training will be provided by the current owner and company.

WHAT ARE THE DAILY RESPONSIBILITIES OF THE ROUTE OWNER?

The route owner is responsible for servicing their customer base and ensuring that product is well stocked and maintained for the consumer. Route owners will order, deliver and stock product accordingly. There is flexibility in the days and hours as long as the customers are being serviced properly. The current owner works four days per week and typically begins loading the truck around 3am and finishes around 12pm.

GROSS EARNINGS/COMMISSIONS

This route is currently averaging approximately $6,480 in weekly sales volume. With an average commission rate of 31% the owner generates approximately $2,000 per week in gross commissions. The sales volume can be confirmed through sales reports/invoices. Sales reports and other information can be provided once we receive an NDA submission.

OPERATING COSTS

Typical expenses include fuel/gas, vehicle insurance, vehicle maintenance, commercial liability insurance (often added on to vehicle policy) and handheld/printer/warehouse expenses. The current owner has their insurance, handheld computer/printer and vehicle lease payments taken directly from their weekly route settlement. There is very little in terms of administrative/bookkeeping work.

Expenses will vary from owner to owner depending on how far they are from the warehouse and territory, what type of vehicle they use, what rates they receive on insurance, etc. The current owner estimates $300 per week in operating costs not including the truck lease. This leaves a weekly net of approximately $1,700. That figure does not include loan payments, taxes, etc. as they are highly variable from owner to owner.

GROWTH POTENTIAL

There are display opportunities and the potential for more space in stores that is not being maximized with the current route operator.

Nearly every route has growth potential both within the current accounts or by adding new customers to the route. The route owner can work with current accounts and company managers to maximize sales volume. New accounts such as independent grocery stores, restaurants, schools, hospitals and other accounts could potentially be added to the business as well. The company sales managers do provide support with these growth efforts.

FINANCING

No financing is available

VEHICLE AND OTHER EQUIPMENT

Truck is available separately if the buyer is interested

TRAINING

The current owner has agreed to provide training to the buyer. In addition to training from the current route owner, the company will provide some assistance when possible and will always provide administrative/sales support. The manufacturer wants their route owners to be successful so you will have a solid support system behind you.
About the Business
Currently Home Based
Yes
Listing Info
ID
2266086
Listing Views
1214

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Business Listed by: Jay Armour The Route Exchange

Listing ID: 2266086 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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