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Flowers Bread Route distributorship for sale in the Smithfield, North Carolina region for $120,000! Company related financing available with an estimated $31,000 down. In addition, a 10% cash reserve of the selling price will be required. This route is currently grossing an estimated $622,960 per year in sales and nets $95,888! Distributorship, and “protected territory” are purchased through current independent distributor and contracted through Flowers Baking Co. Flowers currently distributes its well-known brands of Nature’s Own, Sunbeam, Cobblestone Bread, Butterkrust, Dave’s Killer Bread, and much more! This is a well established route that currently has 23 accounts and delivers to popular grocery stores, convenience stores and restaurants. Turnkey business backed by a publicly traded company on the NYSE!
Interstate LocationLocated just off the interstate in a friendly high traffic town this convenience store is ready for a new owner as current owner is ready to travel The property features fiberglass tanks installed only three years ago new LED lighting inside and out a modern security system and an ATM machine that's owned A private office Excellent visibility easy access and consistent local and traveler traffic make this a strong opportunity for an owner-operator or investor Possible owner financing with substantial down payment for qualified buyer
Key Financials:Inside Sales are currently $108,000 per month!Outside Sales are currently over 40,000 gallons per month averaging 40 cents per gallon for regular gas and 90 cents per gallon for diesel! Gas Profit is over $20,000 per month!Lottery Commission is $2,000 per month! ATM commission is $1,500 per month!Seller is 100% Absentee! Huge opportunity for an Owner-Operator to take over and reduce payroll!ATM commission is $1,500 per month! Air Machine commission is $500! Lottery Commission is $2,000 per month!Seller has No EBT! HUGE Opportunity for tenant to increase sales substantially by adding EBT!HUGE opportunity to open a full kitchen and grill on Sundays and Cater food to the 3 schools behind the store on school's game days since there are no food options!Jobber contract is Rack 1 with 10 years remaining.Rent is only $17,000 NNN per month with 13 years remaining in the lease!Property Information:Building area is 4,050 Sqft!SELLER HAS UPGRADED ALL PUMPS!Brand new 48 channel Camera system with transaction recorder!NO Competition within a 9 mile radius!Geographic & Demographic Details:Population is increasing by 3%!Median Household Income is $50,299.Close to a Middle School /- 230 students, an Elementary School /- 110 students, and a High School /- 280 students.Less than an hour from Winston-Salem, NC! 1 hour from Lexington and Greensboro, NC! 1 hour 30 minutes from Roanoke, VA! Less than 2 hours from Hickory, Durham and Charlotte, NC! 2 hours from Raleigh, NC!Asking Price for Business-only: $449,000 plus inventory!
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