Incredible Amoroso Bread Route. Truck Training & Financing Included

Merion, PA (Montgomery County)

Seller Financing Available
Incredible Amoroso Bread Route. Truck Training & Financing Included
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Asking Price: Get Financing: $260,000

Cash Flow: $165,000

Gross Revenue: $182,000

EBITDA: $165,000

FF&E: $25,000

Inventory: N/A

Real Estate: N/A

Established: N/A

Incredible Amoroso Bread Route. Truck Training & Financing Included

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Business Description

Turnkey High Volume Route. Huge Growth Opp. Truck + Training Provided

Incredible high volume Amoroso bread route for sale in the Universal City area. The warehouse facility for product pickup is nearby in Bellmawr, NJ. Accounts include University of Penn (4), Drexel University (4), University of Sciences (2) and ShopRite. A new Acme store is being built in the area and can be added to this route upon completion. Information on new Acme account can be found at https://www.facilities.upenn.edu/about/news/university-pennsylvania-and-acme-markets-announce-new-university-city-store

The route is currently doing around $12,500 in weekly sales and is expected to reach $15,000 per week once students return to the universities. Commission rates vary depending on the type of account but it generally averages out to 28%. This generates a weekly gross income of $3,500 per week. Operating costs will vary but are estimated at $250 per week (gas, insurance, maintenance).

The current owner operates the route Monday-Saturday and employs one helper. The expense for that labor is not included in the figures as it would be highly variable. Each day requires 6-7 hours for deliveries. The owner also spends 1-1.5 hours per day inputting and tracking orders. That process can be done from home.

Approximately $137,500 is available in company financing and the remaining amount must be paid at closing. Full training will be provided by both the current owner and the company itself. 2011 Ford E350 truck, 18 foot box, will be included in the deal. Only 47,000 miles and in great condition.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2011 Ford E350 truck, 47,000 miles, 18 foot box (Home Based)
Competition:
Incredible products with established accounts and high sales volume
Growth & Expansion:
New Acme store opening near UPenn. Unlimited growth opportunities for motivated owner.
Financing:
Approx $137k available through company
Support & Training:
Full training and support provided by the company
Home-Based:
This business is Home-Based
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Jay Armour

Business Listed By:
James Armour

The Route Exchange

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