THIS ROUTE IS NO LONGER AVAILABLE.

Bimbo Bakeries Route – Wadesboro NC

Quick Search Code: NC-71956

Route Information:

About the Route:

Bimbo Bakeries route for sale in Wadesboro NC (including Norwood, Oakboro, Marshville, and Wingate) for $209,000. Company financing is available on this route with an estimated down payment of $57,571. Go to https://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 8 accounts. The route consists of 5 Food Lions, IGA and 2 independent accounts. The route currently has annual sales of $583,544 and has an annual gross cash flow of $163,392. The Distributorship is purchased as an independent distributor and contracted through Bimbo Bakeries. Bimbo Bakeries currently distributes Arnold Bread, Thomas English Muffins, Bimbo Bread, Entenmann’s, Boboli, Sun Maid and more. A truck is available for purchase in addition to the price of the route. Contact Routes R Us for more details. This route provides income beginning on the first day of owning the distributorship.

This route runs and delivers 5 days a week. The normal week is Monday, Tuesday, Thursday, Friday, and Saturday with Wednesday and Sunday off. How to run the route is up to the distributor. This route averages $11,222 a week in sales with an average gross weekly income of $3,142. This route is paid a commission of 28% 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 18.6-1. 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 distributor will be required to purchase computer equipment in addition to the route price to operate this route. The total cost of this equipment is $1,184.

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 an annual business liability insurance premium of $3,536.

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 $858, or $10,296 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 6 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 4 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://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.