Food Distribution Business with Optimal Routes Around Boston For Sale
Top Brands in the Fresh Breads Industry
Boston Area, Massachusetts
Listing Number: 1645
Asking Price: $900,000
(trucks, warehouse & equipment are leased)
Gross Revenues: $840,000
Owner's Cash Flow: $260,000
Several desirable and profitable bread/bakery routes in the Boston and Greater Boston area are available for sale! Weekly sales average over $87,000 ($4.5 million/year) yielding a projected Seller’s cash flow of $260,000.
The company is deemed an “essential business” by the government and has seen continued solid growth in 2020. It serves major supermarkets (95%) in eastern Massachusetts and convenience stores (5%) by delivering fresh breads and snack cakes. The company employs drivers to deliver and display products on store shelves of its customers. The company leases its own trucks and stores them at the franchisor’s warehouse.
Growth and Expanstion Opportunities
The franchisor does all marketing and has some of the strongest and fastest growing brand names in the industry. A buyer could further grow the business by making more sales efforts at convenience stores, as well as purchasing additional territories from the franchisor. However, many of the products are gaining in popularity rapidly, leading to growth with little effort by the owner. Food is delivered 5 day/week, early in the morning, so a buyer could use the trucks to deliver other food products that do not conflict with their core product line.
RETAIL SALES: $87,000/week or $4.5 million/year
EMPLOYEES: 9 FT including owner
TERM: Franchisor will offer financing to a buyer with 10% down.
Support & Training: The sellers will provide training and support to ensure a smooth transition.
Reason Selling: Life Style Change
Paul Cronin, Business Broker