Tastykake Bakery Route Business

www.GlobalBX.com

Listing ID: 700255055

Listing Title: Tastykake Bakery Route Business

Quick Link: http://www.globalbx.com/listing.asp?bId=255055

Industry: Wholesale and Distribution

Industry Segment: Wholesale and Distribution

Country: United States

State / Province: Pennsylvania

Area

City: Montgomery County

Asking Price Range: < $250K

Gross Revenues: $500,000

Cash Flow: $70,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
The owner/operator is in the business of delivering Tastykake snack foods and pies to stores in an exclusive territory. Tastykake products are marketed through a network of independent sales distributors who own and operate routes. This ‘route' is very compact and in a high density population area which give some time flexibility to the owner. This route is anchored by 4 major grocery store locations, a Wawa, Target Store, and Walmart as part of the customers. In addition to this national account base, there are many smaller ‘Mom & Pop' style customers, gas station convenience stores, small food service locations, and fundraising opportunities. Investment Highlights Tasty Baking Company is a wholly owned subsidiary of Flowers Foods and is part of Flowers' direct in-store delivery business. Founded in 1914 and headquartered in Philadelphia, Pennsylvania, they are proud to celebrate the 100th anniversary year as one of the country's leading producers of snack cakes, pies, cookies and donuts. With manufacturing facilities in Philadelphia, PA and Sales Centers throughout the Northeastern and Mid-Atlantic Regions of the United States, Tasty Baking Company offers more than 100 products under the Tastykake brand name and annual sales of $450 million. The popularity of the Tastykake brand makes this a very sought after business route. The route works on a gross margin of 18%, has a close by distribution center to provide fresh product, and the density of the population allows this route to reach many people in a compact territory. With sales nearing $500,000 and little needed in infrastructure and office assistance, it is a great opportunity for someone wanting to get into the business of route sales, or for a seasoned operator who knows what $500,000 in sales can bring to a bottom line. Tasty Baking offers a number of programs to assure profitability for their route partners including, automatic billing and inventory control on large accounts.



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