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Work 3 days per week, Net $1,000

Manitowoc, WI

Seller Financing Available

Asking Price:$60,000
Gross Revenue:$442,000
Established Year:2020
Cash Flow:$52,000
EBITDA:$52,000
Listing ID: 2302934Listing provided by BizBuySell
BUSINESS DESCRIPTION

Food Distribution - Mission Foods(tortillas & chips)

This is an established Food Distribution Subcontracted Route that nets after all expenses approximately $1,000 per week on average. Owner will likely need to work a 10 hour shift 3 days per week to keep the business at its current profitability. Owner's duties are as follows: order food from Mission Foods factory, receive food into owner's warehouse, transport and sell food to grocery stores, and stock the food on grocery stores' shelves.

Owner will need to acquire a box truck or truck and enclosed trailer to run the route. Grocery stores on this route include Walmarts, Pick n' Saves, Piggly Wigglys, and Festivals in the cities of Sheboygan, Plymouth, Chilton, Manitowoc, and Two Rivers.

ATTACHED DOCUMENTS
Wisconsin MIssion Subcontract Route (1 of 2) - Breakdown Estimates (condensed).xlsx.xlsx Download
DETAILED INFORMATION
Location
Manitowoc, WI
Inventory
Not Included in asking price
Facilities
No truck, trailer, or equipment is included in the sale. Current owner does not mind selling or renting his own box truck or equipment if interested.
Competition
Mission Foods tortillas is the United States most popular tortilla brand. Calidad chips are a very competitive tortilla chip brand nationally as well. Mission Foods also owns Guerrero tortillas and carries independent food products including Walmart's Great Value brand.
Growth & Expansion
There are many other food products that can be included for distribution from other non competing manufacturers. Current owner has several years experience in food distribution and a few connections that could help new owner expand the business.
Financing
Put $20,000 down to finance $40,000 over 5 years @ 10% interest.
Support & Training
Current owner has an entire powerpoint outlining everything that new owner will need to know. Current owner plans on staying nearby for 1 month to train new owner. Current owner will likely be available as a temporary relief worker whenever needed as long as he is given sufficient notice.
Reason for Selling
Owner is subcontracting out work because customer demand is growing too rapidly.
BUSINESS LOCATION
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Raymond AdamFrausto
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