THIS ROUTE IS NO LONGER AVAILABLE-Paramount Bakeries Route – Newark NJ
Quick Search Code: NJ-37095
Route Information:
| Selling Price | Gross Cash Flow | Estimated Down Payment | Company Financing Available |
| $149,000.00 | $189,910.00 | $80,000.00 | NO |
About the Route:
- Paramount Bakeries Route For Sale: $149,000.00
- This route covers Bloomfield NJ, Livingston NJ, Clark NJ, Plainfield NJ, Perth Amboy NJ.
- Protected accounts in an agreement with Paramount Bakeries.
- Established route with 16 accounts including Walmart, ShopRite, Acme, and more.
- Annual Sales of $770,207 and an annual gross cash flow of $189,910.
- Flowers Foods distributes Paramount Bakeries Rye Bread, Paramount Bakeries Itailian Bread, Paramount Bakeries Challah Bread and more
- Route runs 6 days a week. (Monday, Tuesday, Wednesday, Thursday, Friday, Saturday)
- Average weekly sales of $14,812 with an average gross weekly income of $3,652.
- Distributor earns a commission of 25% on bread products, and 15% on cake products.
- New distributor will need to purchase a truck and/or cargo trailer in addition the route. (This route can be operated with a large Sprinter van)
- Potential to increase income through corporate promotions and/or acquiring additional customers.
- A distributor agreement with Paramount Bakeries is required.
- Independent distributors are responsible for providing service to customers per the distribution agreement.
- Paramount Bakeries requires all distributors to have an LLC.
- The distributor determines how the route is operated.
- This route provides income beginning the first day of owning the route.
- This route is resilient to economic downturns and situated in a strong, stable, and highly productive region.
About Financing:
- Financing through Paramount Bakeries is NOT available.
- Zero interest seller financing available for an estimated $69,000 with a down payment of $80,000. Contact Routes R Us directly for details.
- This route is being sold at a multiple of 10-1.
- Buyers might be eligible for third-party financing. You can inquire about these options using this link: https://www.routesrus.com/finance-your-route/
- Contact Routes R Us directly for additional financing options.
About Expenses:
- Distributors must have business liability and vehicle insurance. (Specific coverage requirements will be provided by the distribution company)
- The current distributor pays annual expenses of $8,000, or $667 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment), payments for financing of a truck and/or trailer, or other route related expenses.
About Inventory Costs:
- Distributors are not required to pay out of pocket for inventory.
- Commission is paid on product sold.
- Distributors are accountable for inventory discrepancies.
- Paramount Bakeries issues credit for damages.
- Paramount Bakeries does not provide a stale allowance.
About the Present Distributor:
- The current distributor has owned the route for 3 years.
- Current distributor is selling due to health reasons.
- The current distributor will train the new distributor for a maximum period of 4 weeks.
If you need to explore additional financing options, you can find options through the provided link: https://www.routesrus.com/finance-your-route/
Routes R Us, LLC offers a FREE Route Runner program that offers help for vacation time and other time off. You can sign up for this free service using this link: 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.