North Carolina Bread Route – Bimbo Lenoir Area
Asking Price: $145,000 Annual Net: $66,000
Lenoir, North Carolina bread route business with exclusive distribution rights for Arnold, Entenmann’s, Sara Lee and Thomas products. The warehouse facility is located in Hildebran. The route owner delivers products to established grocery accounts in their territory and is paid a commission from Bimbo Bakeries.
The route averages $8,257 in weekly sales volume. Accounts include Food Lion (2), Wal-Mart, Fair Value (2). The schedule is somewhat flexible and the current owner starts the route around 2am. They make deliveries on Monday, Tuesday, Thursday, Friday and Saturday. Wednesdays and Sundays are typically off, although they may require pull ups during very busy weeks.
The current owner grosses approximately $1,347 in weekly commission and estimates expenses at $125 per week. The owner receives $50 per week in compensation from Bimbo for uniform/vehicle advertising, leaving net expenses around $75 per week. This generates a net income of approximately $66,000 per year.
Purchase will include the enclosed trailer used for deliveries. Bimbo will provide $83,000 of company financing for qualified buyers. The remaining $62,000 will be due at closing.
Please contact us today with any questions or to request more information.
