Pepperidge Farm Bread route, Easton Pa is the territory
Northampton, PA
| Asking Price: | $260,988 |
| Gross Revenue: | $547,869 |
| Established Year: | 1937 |
| Cash Flow: | $104,175 |
| FF&E: | $6,000 |
Listing ID: 2255505Listing provided by BizBuySell
BUSINESS DESCRIPTION
Owner of 19 years is retiring, Great opportunity to be your own boss distributing Pepperidge Farm Bread rolls and Stuffing. High volume business located in Easton Pennsylvania in a protected territory with areas that could develop into more business. Pepperidge Farm motto for distributers is "In business for yourself not by yourself" The product sells itself; Stuffing was picked Best Choice by Consumer Reports. Yearly sales the last two years over $500,000. 20% commission paid on all sales including sale items. Much higher than our competitor. The last two years the income was over $100,000 by only one person myself. Recession proof. Bread is one item consumed almost daily by most Americans'. Invest in your future and yourself
DETAILED INFORMATION
Location
Northampton, PA
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
P.F Depot is centrally located in the Lehigh Valley that all Pepperidge distributors have a short driving distance to their territories. Included in the sale is a new handheld and printer purchased last September. Handheld comes with a three-year transferable warranty.
The cost for the new equipment was almost $4,000. I purchased the equipment instead of leasing from Pepperidge Farm. Greater savings
Older Grumman Olson truck included. Truck has been well maintained through the years, should consider a larger truck in the future for the growing business
Competition
Pepperidge Farm products was founded on an idea that consumers would be willing to pay a little more for product that tastes Good and is good for you. Its a repeat business that keeps growing. The Bread route consists of eight stores. Four are large volume stores where most of the business is done, Wegmans, Two Giants, and Wal-Mart. other four stores are Sam's Club, Weis Redner's and Target. All stores are within a few miles of each other, so you are not driving a great distance from store to store.
Growth & Expansion
The territory is a great route, with real estate (territory) that could develop into much larger business. underdeveloped territory to the north mostly farm fields and two small towns with a store each. Another store comes into that area will most likely be yours to service and develop into much greater sales. Pepperidge Farm Owners get paid a 20% commission on all sales including sale items. Most of our competition gets paid less commission and get paid much less on sale items, those buy one get one free sale, they only get paid on the sale one.
Financing
Pepperidge will provide a percentage of financing. You will need $98,000 down.
Support & Training
No experience is necessary but helpful. Pepperidge Farm will provide training to qualified individuals. Owner will provide an ordering book from the last several years to help the new business Owner order product for each day/week. Owner will also provide two weeks of training.
Reason for Selling
Owner retiring
Franchise
This business is an established franchise
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