Par - Baked Bread Distributorship

www.GlobalBX.com

Listing ID: 700354859

Listing Title: Par - Baked Bread Distributorship

Quick Link: http://www.globalbx.com/listing.asp?bId=354859

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: Florida

Area

City: Fort Myers

Asking Price Range: < $250K

Gross Revenues: $171,823

Cash Flow: $72,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2017

Number of Employees: 1 - 3

Business Description:
This well-established Fort Myers based Par Baked Bread and Rolls route is for sale at $235,000. The breads are delivered weekly via frozen trailers from New Jersey to Fort Myers where the breads are stored in freezer capacity refrigerated containers and then distributed across south Florida. Currently service 30 well established accounts which include restaurants, markets and specialty outlets with the potential for expansion. With the business is included the two 40' refrigerated containers (freezer capacity cooling to minus 20 degrees) systems are valued over $40,000 and the Isuzu NPR HD Reefer truck (freezer capacity) valued well over $30,000. The breads are received from the NJ distributer by freezer tractor trailer directly to our freezer container weekly and arranged for delivery by zones during the week. Current owners have been building the business and currently have averaged $16,600 per month in receipts and expect to exceed $200,000 for 2020. Currently staged for significant growth with the right person behind the wheel to bring the receipts to well over $300,000 to $500,000 per year. Last year the breads were estimated to be 49% of the receipts and with continued growth can yield huge profits. The current owner will assist the new owner during the transition with product orders and to make introductions to all vendors. Current owner will also assist in teaching the delivery routes and make introductions with the business owners to continue the relationships created. Current owner will also entertain remaining on for a period of time creating new accounts and developing new relationships. Equipment Included: 2011 Isuzu NPR HD Reefer delivery truck s/n JALC4W16XB7000409- 16' Insulated Van, KIDR# 16GVIASW84- MAXO, TE-20 power lift gate.- Thermo King Reefer Model T-600R-30, serviced every 9 months.- Well maintained, new tires, serviced every 2,500 miles. 2011 40' Star*Cool HC refrigerated container s/n CMCU556336-3 Thomas Senatore, GRI 239-223-8130



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