Status: Active
Bread Distributing Service Business - Listing #: 55538
Listing No: BBF-966-55538 | |
Category | : | Routes | SIC | : | 2051 | |
Detail | : | Routes Bread | Price | : | 850,000 | |
County | : | Manatee | Down | : | 850,000 | |
State/Prov | : | Florida | Disc Earn | : | 318,697 | |
Country | : | USA | Sales | : | 1,605,934 |
Serving the gulf regions of Sarasota and Manatee Counties since 2007, this bread distributing business provides top-tier distribution services serving two bread delivery routes for a well known area bakery. Exceptional in that it’s not grocery heavy, but more focused on small retailers and corporate customers leading to more flexibility and greater earnings for the operators. The business has been thoughtfully managed and grown by the seller over the years. The seller is ready for semi-retirement and has set the next owner up for success with established processes, excellent service, and steady sales growth. What sets the company apart is their consistent track record of delivering on time, problem solving when issues arise, and making each day’s delivery happen with an unwavering focus on customer satisfaction. They prioritize quality over shortcuts and enjoy a loyal customer base and positive word-of-mouth endorsements. Offered for an asking price of $850,000, the business generates $318,697 SDE on revenues of $1,605,934, and is run from the seller’s home. Priced to sell at less than the standard 3x multiple for this business model, this business is set up for either an owner operator looking for steady income, or as an absentee run distribution company with an additional driver employee. There is room to grow, especially the Sarasota route. This one won’t last long, call today. |
Listing Type | : | EXCLUSIVE RIGHT OF SALE | Date Revised | : | 7/25/2024 |
Listing Office is | : | TRANSACTION BROKER | Code ERC Code |
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Documents on File | : | Equipment List: Y Lease: N Corp Resolution: N |
: | Cash Flow: N Balance Sheet: N |
: | Standard Agreement: N Signature on File: Y | |
Showing Remarks | : | CALL BROKER TO SET UP A MEETING |
Reason for Sale | : | Retirement |
General Location | : | Sarasota, FL |
Organization Type | : | Corp 'C' Hours Owner Works: 50 |
: | Years Established: 19 Years Owned: 19 Emp FT: 2 Emp PT: 1 Mgrs: 1 | |
Non Compete | : | Miles: 50 Years: 5 Weeks Training: 2 Cost: $0 |
Operating dys/hrs | : | 4:00AM-2:00PM (Mon,Tue,Thu,Fri,Sat.) Closed (Wed. & Sun.) |
Skills/Licenses | : | Driver's License |
Business | : | Is Relocatable: N Is Home Based: Y Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
Data Source | Tax Return | Tax Return | Tax Return | |
Year (Cash Flow) | 2023 (N) | 2022 (N) | 2021 (N) | |
Gross Revenue | 1,605,934 | 1,464,766 | 1,081,604 | |
Cost of Goods | 1,114,075 | 997,881 | 692,425 | |
Gross Profit | 491,859 | 466,885 | 389,179 | |
Expenses | 260,928 | 278,821 | 244,875 | |
Net | 230,931 | 188,064 | 144,304 | |
Owner Salary | 74,154 | 83,939 | 93,728 | |
Benefits | 9,612 | 8,856 | 5,630 | |
Interest Expense | 0 | 0 | 0 | |
Depreciation | 0 | 0 | 0 | |
Other | 4,000 | 4,000 | 4,000 | |
Discretionary Earnings | 318,697 | 284,859 | 247,662 |
Accounts Rec | 0 | N* | Real Estate | 0 | N* |
Inventory | 0 | N* | ___________ | 0 | N* |
F F & E | 49,000 | N* | Total Assets | 0 | N* |
Leasehold | 0 | N* | |||
*Included? |
Lease/Month: | Square Footage: | Building Type: |
Terms & Options: | Expiration Date: |
Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
RONALD MARK VANDIVER | Office | : | (855) 969-3534 | |
ASSOCIATE | Fax | : | ||
Home | : | (314) 971-0984 | ||
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (314) 971-0984 |
2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
NAPLES, FLORIDA 34105 | : | [email protected] | ||
USA | Home Page | : | sunbeltofflorida.com |