** SALE PENDING** Flowers Foods Route For Sale-Biscoe NC-$155,000
| Asking Price: | $155,000 |
| Gross Revenue: | $641,628 |
| Cash Flow: | $121,909 |
| Established Year: | 2018 |
High Income Rural Route
Flowers Foods route in Biscoe NC for sale $155,000. (Priced Reduced from $160,000)
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Enter Quick Code NC-89751 at RoutesRUs.com for more details, or use the following link:
https://www.routesrus.com/flowers-foods-biscoe-nc-nc-63804/
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About the Route:
Sales Price: $155,000.00. This route covers Biscoe, Robbins and Seagrove NC and has a protected Territory through Flowers Foods. Established route with 30 accounts including Walmart, Family Dollar, Dollar General, Waffle House, and more. Annual Sales of $641,628 and an annual gross cash flow of $121,909. Flowers Foods distributes Nature’s Own, Dave’s Killer Bread, Tastykake, and more. Route runs 5 days a week. (Monday, Tuesday, Thursday, Friday, Saturday) Average weekly sales of $12,339 with an average gross weekly income of $2,344. Distributor earns an average blended commission of 18% of the route’s gross sales. A truck is available for purchase in addition to the purchase of this route. Potential to increase income through corporate promotions and acquiring customers. 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.
About Financing:
Financing is available for qualified applicants. Estimated financing available in the amount of $91,908. An estimated down payment of $63,092 is required. Flowers Foods requires a 10% cash reserve in addition to price of the route. Financing term is 10 years. This route is being sold at a multiple of 13-1.
About Expenses:
Distributors must have business liability and vehicle insurance. The current distributor pays annual expenses of $9,604, or $800 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 $112,305.
