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 
:
:
 
 
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 :  [email protected]  
USA Home Page :  sunbeltofflorida.com