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**SALE PENDING** Flowers Foods Route For Sale-New Orleans LA-$219,000

New Orleans, LA
Asking Price:$219,000
Gross Revenue:$927,940
Cash Flow:$167,029
Established Year:2007
Listing ID: 2257636Listing provided by BizBuySell
BUSINESS DESCRIPTION

High Volume-High Income Route

Flowers Foods Route in New Orleans LA For Sale $219,000.


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#Routes #Route #ForSale #Routesrus


Enter Quick Code LA-60143 at RoutesRUs.com for more details, or use the following link:
https://www.routesrus.com/flowers-foods-new-orleans-la-la-60143/

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About the Route:

Sales Price: $219,000.00. This route covers New Orleans LA and has a protected Territory through Flowers Foods. Established route with 32 accounts including Walmart, Family Dollar, Dollar General, Cansecos, and more. Annual Sales of $927,940 and an annual gross cash flow of $167,029. 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 $13,386 with an average gross weekly income of $3,212. Distributor earns an average blended commission of 18% of the route’s gross sales. The new distributor will need to purchase a truck and/or trailer 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 $120,474. An estimated down payment of $98,526 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 16-1.

About Expenses:

Distributors must have business liability and vehicle insurance. The current distributor pays annual expenses of $13,320, or $1,110 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 $153,709.

DETAILED INFORMATION
Location
New Orleans, LA
Inventory
Not Included in asking price
Facilities
New Distributor will need to purchase or have a truck and/or cargo trailer in addition to this route. Contact Routes R Us for more details.
Competition
Flowers Foods is national foods brand. This is a recession proof product, and provides instant income along with growth opportunities. Flowers Foods is a leader in bread distribution.
Growth & Expansion
The new Distributor will have the rights to distribute Flowers Foods products within an exclusive territory. 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
$120,474 financing available with an estimated down payment of $98,526 OAC
Support & Training
Current distributor is offering 2 weeks of full supportive training.
Reason for Selling
Current distributor is selling to pursue another business opportunity.
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