Gold Medal Bakery Bread Route in Queens, NY
Price: $80,000 Net Income: $56,000
Gold Medal bakery bread route located in the Astoria/Long Island City area of Queens, NY. Warehouse is in Brooklyn, 3rd Avenue exit off of the Brooklyn Queens Expressway.
The current route has 38 total accounts. There are 12 grocery stores and 26 deli’s/bodegas. There are plans to add seven (7) Trade Fair stores to this route in the next few months. 12 of the stores on the route are open 24 hours which adds flexibility to the route schedule. 35 out of 38 stores pay cash on delivery (COD). There are only 3 credit accounts. This means that you get paid cash immediately and do not have to wait for the bakery to pay you. Panera brand breads were just added to this route which will increase sales as well.
Route is currently averaging $3,500 per week in sales. Commission rate on this route is approximately 34%. Right now this route is only doing bread sales…a new owner can add cake products to their accounts at no cost. Current owner grosses approximately $1,200 per week and has $125 per week in expenses. Expenses include $50 for gas, $30 for handheld/printer rental, and $45 for insurance/maintenance. Owner can provide two years of settlement reports to confirm the sales volume.
The current schedule is three (3) days per week and an estimated 28 hours per week. This could easily be spread to four or even five days if the new owner wants to work shorter days. The schedule is extremely flexible since many of the stores can receive deliveries very early.
Purchase will also include the box truck used for the route and full training. Turnkey route and a new owner would start making money on day one.