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**SALE PENDING** Bimbo Bakeries Route For Sale-Charlotte NC-$245,000

Charlotte, NC
Asking Price:$245,000
Gross Revenue:$929,136
Cash Flow:$106,851
Established Year:2023
Listing ID: 2289815Listing provided by BizBuySell
BUSINESS DESCRIPTION

Only 2 Accounts-High Volume-High Income-Merchandiser Route

Bimbo Bakeries Route For Sale-Charlotte NC-$245,000

Enter Quick Code NC-97316 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/bimbo-bakeries-charlotte-nc-nc-97316/

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About the Route:

Bimbo Bakeries Merchandising Route For Sale: $245,000.00. Protected Territory through Bimbo Bakeries. Established route with only 2 accounts including Walmart and Harris Teeter. Annual Sales of $929,136 and an annual gross cash flow of $105,851. Bimbo Bakeries distributes Arnold Bread, Thomas’ English Muffins, Thomas’ Bagels, Entenmann’s, Little Bites, Takis, Bimbo, and more. Route operates 5 days a week. (Monday, Tuesday, Thursday, Friday, Saturday) This route only merchandises, product is delivered directly to the stores by Bimbo. Average weekly sales of $17,868 with an average gross weekly income of $2,055. Distributor earns an average blended commission of 11.5% of the route’s gross sales. 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 acquiring additional customers. 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 $196,245 with an estimated down payment of $48,755. Financing term is 10 years. This route is being sold at a multiple of 14-1.

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 $3,140, or $262 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 $103,771.

DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Employees
1
Facilities
No special vehicle needed. Bimbo Bakeries requires that the new distributor is incorporated. Contact Routes R Us for more details.
Competition
Bimbo Bakeries is national foods brand with nationwide distribution. This is a recession proof product, and provides immediate income.
Growth & Expansion
.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.
Financing
Financing Available with an estimated down payment of $48,755 OAC
Support & Training
Current distributor will offer 2 weeks of training to the new distributor on this route.
Reason for Selling
Current distributor is selling to reduce the number of routes owned.
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