Tastykake Route For Sale-Middletown PA-$230,000
Asking Price: | $230,000 |
Gross Revenue: | $529,776 |
Cash Flow: | $95,360 |
Established Year: | 2015 |
3 Day Route-Growth Opportunities
Tastykake Route For Sale-Middletown PA-$230,000
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Enter Quick Code PA-57836 at RoutesRUs.com for more details, or use the following link: https://www.routesrus.com/tastykake-middletown-pa-pa-57836/
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About the Route:
Tastykake Route in Middletown PA: $230,000. Protected Territory through Tastykake. Tastykake is owned by Flowers Foods. Established route with 25 accounts including 7-Eleven, Sheetz, Target, Giant, Wawa, and more. Annual Sales of $529,776 and an annual gross cash flow of $95,360. Route operates 3 days a week. (Monday, Wednesday, Thursday) Average weekly sales of $10,188 with an average gross weekly income of $1,834. Distributor earns an average blended commission of 18% of the route’s gross sales.
The new distributor will need to purchase a truck and/or trailer in addition to the purchase of this route. Potential to increase income through corporate promotions and acquiring additional customers. A distributor agreement with Tastykake is required. Independent distributors are responsible for providing service to customers per the distribution agreement. Tastykake requires all distributors to be incorporated. The distributor determines how the route is operated. This route provides income beginning the first day of owning the route.
About Financing:
Financing is available for qualified applicants. Financing options available for an estimated $217,000 with an estimated down payment of $23,000 for qualified applicants. Tastykake requires a 10% cash reserve in addition to price of the route, contact Routes R Us for details. Financing term is 10 years. This route is being sold at a multiple of 22.5-1.
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 $4,840, or $403 monthly. These expenses include insurance, fuel, and required company expenses. These expenses DO NOT include payments for financing the route (route payment) or payments for financing of a truck and/or trailer. The current owner’s estimated net income after specified expenses is $90,520.