Quick Search Code: NC-35927
Route Information:
| Selling Price | Gross Cash Flow | Estimated Down Payment | Company Financing Available |
| $119,000.00 | $79,040.00 | $28,754.00 | YES |
About the Route:
Bimbo Cake and Taki route for sale in Charlotte NC (includes part of Union County NC and Indian Land SC) for $119,000. Company financing is available on this route. The company requires an estimated down payment of $28,754. Go to https://www.routesrus.com/finance-your-route/ for options to help with the down payment. The normal finance term is 10 years. The company does not require an inventory deposit when route is purchased. This route consists of 46 convenience store accounts. The route consists of Quik Trip, Circle K, 7-11, Sam’s Mart and more. The route currently has annual sales of $395,200 with an annual gross cash flow of $79,040. This routes sales are presently up 52% year over year. A truck is available for sale in addition to this route. The Distributorship is purchased as an independent distributor and contracted through Bimbo Bakeries. This route provides income beginning on the first day of owning the distributorship.
This route runs and delivers 4 days a week, and loads just 2 days a week. The normal week is Monday, Tuesday, Thursday, and Friday with Wednesday, Saturday, and Sunday off. How to run the route is up to the distributor. This route averages $7,600 a week in sales with an average gross weekly income of $1,520. This route is paid an average commission rate of 20% of the routes gross sales. The average weekly gross income can be increased through corporate promotions and/or by acquiring additional customers within the territory.
About Financing:
The company does offer financing for routes. This route is being sold at a multiple of 15.6-1. You will be required to sign and adhere to a distributor agreement with Bimbo Bakeries. Bimbo Bakeries does require the distributor to be incorporated. The new owner will need to purchase computer equipment in addition to the price of the route as required by Bimbo Bakeries. The computer and printer cost is $1,493.
About Expenses:
All Bimbo Bakeries Distributors are required to acquire and maintain business and vehicle insurance. The amount of coverage will be outlined in your distributor contract with Bimbo Bakeries. The current owner pays an annual commercial vehicle insurance and annual business liability insurance premium of $2,688.
Other expenses will be associated with this route. Here are some examples, this does not represent any and all expenses. These would include:
• Route Payment
• Fuel
• Vehicle Maintenance and/or Repairs
• Employees
• Required state licenses or fees
The current owner estimates that the current monthly expenses are $765, or $9,188 annually. These expenses may or may not include a route payment if you are financing the cost of the route.
About Inventory Costs:
You do not have to pay out of pocket for inventory ordered. You are compensated on the product you purchase and sell. You will be accountable for any inventory discrepancies. Bimbo Bakeries does issue credit for damaged and/or stale product.
About the Present Distributor:
The present distributor has owned this route for 1 years. The route is being sold due to the current distributor having a new business opportunity out of state The present distributor has agreed to provide training to the new distributor for a maximum period of 2 weeks. If you need time off or vacation time it will be your responsibility as an independent distributor to make sure your customers are serviced as per the distribution agreement. You can sign up for Routes R Us, LLC FREE Route Runner program at: https://www.routesrus.com/route-runners/
How to Get More Information:
If you are interested in this route send us an email or give us a call. We are committed to helping get you the route you want.
Disclaimer: Routes R Us, LLC is a company that helps route owners/route distributors buy and sell routes. Routes R Us, LLC offers brokerage services in most states. Routes R Us LLC’S Marketing & Consulting Division is a division of the Company that provides strategic Marketing and Consulting services exclusively to route owners/route distributors with routes available for purchase. Sellers who contract with Routes R Us, LLC’s Marketing & Consulting Division receive a different set of services that do not include price negotiation, inquiries into the assets of potential buyers, the holding of deposited funds from buyers, or participation in the sale transaction. Routes R Us, LLC brings buyers and sellers together. All agreements are made solely between the buyer and seller, and Routes R Us, LLC is not a party to these agreements. Routes R Us, LLC will not act as a broker in any state where doing so is prohibited by law. In such states, Routes R Us, LLC’s participation is limited to providing marketing and consultant services. Any recommendations or information provided by the Company, including its Marketing & Consulting Division, are opinions based on industry experience. Routes R Us, LLC makes no guarantee of sales or income. It is a prospective buyer’s duty and obligation to verify the accuracy of a seller’s representations and of the seller to satisfy its legal and contractual obligations. Routes R Us, LLC recommends that both prospective buyers and prospective sellers consult with their own attorneys, accountants, business appraisers, and other professionals prior to engaging in any transaction.