Martin’s Bread Route For Sale in Monroe NC for $119,000

Monroe, NC
Asking Price:$119,000
Gross Revenue:$293,736
Established Year:2016
Cash Flow:$70,499
EBITDA:$70,499
BUSINESS DESCRIPTION

Great Route-Short Days-5 Days a Week

Martin’s Bread Route For Sale in Monroe NC for $119,000.

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Enter Quick Code NC-45138 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/martins-bread-monroe-nc-nc-45138/


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About the Route:

Price of the route $119,000. Protected Territory through Martin’s Bread. Established route with 19 accounts including Walmart, Target, Harris Teeter, Publix, Food Lion, and more. Annual Sales of $293,736 and an annual gross cash flow of $70,499. Martin’s Bread distributes Potato Bread, Potato Rolls, Flavored Swirl Bread, Hoagie Rolls, and more. Route delivers 5 days a week. (Monday, Tuesday, Thursday, Friday. Saturday)
Average weekly sales of $5,649 with an average gross weekly income of $1,356. Distributor earns an average blended commission of 24% of the route’s sales. A truck is available for purchase in addition to the purchase of this route.
Potential to increase income through corporate promotions and acquiring additional customers. A distributor agreement with Martin’s Bread is required. Martin’s Bread requires all distributors to be incorporated. This route provides income beginning the first day of owning the route. The distributor determines how the route is operated.

About Financing:

Financing may be available on this Martin’s Bread route for qualified applicants. A minimum 50% down payment is required ($59,500). This route is being sold at a multiple of 21-1. Buyers might be eligible for third-party financing. You can inquire about these options using this link: https://www.routesrus.com/finance-your-route/

About Expenses:

Distributors must have and maintain business liability and vehicle insurance. (Specific coverage requirements will be provided by the distribution company) The current distributor pays annual expenses of $10,500, or $875 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment) or payments for financing of a truck and/or trailer. The current owner’s estimated net income after specified expenses is $59,999.


DETAILED INFORMATION
Location
Monroe, NC
Inventory
Not Included in asking price
Employees
1
Facilities
A truck is available for purchase in addition to price of route. Contact Routes R Us for details.
Competition
Martin's Potato Bread is the leader in the category. This is a recession proof product, and provides instant income along with growth opportunities.
Growth & Expansion
The new Distributor will have the rights to distribute Martin's Bread products within an exclusive territory. Established accounts with established space.
Financing
Financing available to qualified candidates with a $59,500 down payment OAC
Support & Training
Current owner will offer up to 2 weeks training and support.
Reason for Selling
Current distributor is selling in order to reduce the number of routes owned.
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Routes R Us LLC
Routes R Us LLC