I'm looking at a couple Flowers routes in which they say owning multiple routes are fine and even encouraged.. The routes I am looking into do 125k to 140k discount each. Do you think these numbers could work with ne putting a driver in place? I was thinking if hireing a drive for each ans then eventually hireing a manager who would also be a relief driver when someone is out sick and etc... Would love to hear your thoughts. Thanks!
With SOME of the bread routes (eg Mission / Flowers), the terminal manager *may* approve you to take over the seller's contract if you plan on keeping your job. Having a job is like NOT wearing a seatbelt while driving 100 mph. You're not going to notice there's any problem at all until you hit a brick wall. Same thing for bread routes - things will go perfectly but the moment your driver quits and you don't know how to operate the route (because you've been working your regular job), all hell is going to break loose. Most successful owners don't necessarily run the routes all the time themselves, but most of them don't have a typical 9-5 job on top of their routes. If you have numerous backup drivers (eg your friends / family), then you can reduce your risk a lot though and keep your job. Hope this helps!
@@RoutetycoonVideos thank you very much for the information and for helping me have more clarity I know everything is a risk sometimes you’ve got to take chances I know a lot of people in the bread route industry I’ve been around it my whole life but it sure is scary to make that jump of just thinking negative all the time. I don’t just wanna think about the money. I actually want to think about my employee and I don’t want to overwork my employee at the same time I want to be a part of their work life I don’t wanna sit back like those other guys.
@@axiontv2058 Yeah there's definitely risk in all bread routes, but the cool thing about bread routes is that they're fairly stable and if you show up yourself (or have someone *exceedingly* reliable AND you're still available as a backup), then bread routes end up being a far less risky business *compared to other businesses.* It also helps tremendously when they're evaluated correctly (which most people don't do b/c they don't seek out some assistance from someone that is an expert specifically in routes). Add in the fact that they usually sell as a low valuation multiple, and even if the business goes under in 5 years for some bizarre reason, you've still made all your money back and hopefully quite a bit more. Anyway, hope this helps - keep us posted on your journey!
@@RoutetycoonVideos thank you very much I came to learn off other people and your video was the most recent posted so I was looking for with clarity keep doing what your doing and educating in this field of work.
My uncle runs a route for mission tortillas and his boss owns 3 making around 1m a year with driver working the route soo i don’t see how it could go too bad.And I plan on getting into the business and try upscaling to where I could live a bit more then comfortable.thanks for the video very informative
Glad to hear ya liked the video! Your uncle has 3 Mission routes that are netting over $300k each w/ employees? Those are cash cow Mission routes if so. Most of the Mission routes I see net around $70k or so, so if he's got some ultra-high production routes that he can afford good drivers, then yea, he's got an amazing set up!
@@jmarko8720you can just bring your stuff straight into the store without checking in it at receiving. Pretty much you get paid for whatever sales at the register.
How can I get in contact with you I am buying me a box truck next month and Wanted to get into the bread route Buisness , can you assist me please I am 28 years Of age not looking too make millions just want to make a profit
Lol they already did reduce commissions this past year. Bimbo Canada anyways. It’s an interesting business but they will do whatever’s best for them, simple as
For sure - I gave the example of the commission reduction not as a prediction as much just to point out what you said in your comment. Those bread routes companies want all the control, and they can better control smaller contractors than larger ones is what I was trying to get at. Thankfully, it benefits most of those bread route companies to have those distributors deliver their product. Doesn't mean it goes perfectly all the time for all the companies, and certainly some of those bread route companies are more favorable to work with than others. Anyway, thanks for watching - let me know if you have any questions I can make a video on!
Yep - for the most part this is absolutely true. But for someone that has the option of working a job for $40k vs working a job (as a bread route contractor) making $90k a year this is a pretty favorable alternative. Add in that the 'job' as a contractor will probably have lower stress, more flexible hours, etc, and then these businesses make sense for some people. Remember that the tides are *slowly* turning for multiple route ownership though in the Mission Tortilla and Flowers Bakery contracts though - I'm seeing more and more of those guys have 2-4+ routes (and multiple routes is mandatory in Massachusetts for Flowers contractors). It's not common yet, but it's starting to finally become at least possible. For buyers wanting to not work (eg "absentee") and or pull in more than about $125k a year income, this business is a nightmare for those owners. Anyway, thx for the comment - let me know if there's another business you've been thinking about buying and maybe I can make a video that might help.
@@RoutetycoonVideoswhy is it a nightmare? I am thinking about getting one. However, I’ve heard that the contractors were crazy hours and have no life so I’m guessing to stay away from it then because I wasn’t really trying to be in it every day like that.
@@lobsterstrange These are great questions and concerns. Give me some time and I'll make a video getting you clarity on all this. I'll drop you a comment here when it's done.
@lobsterstrange Hey Lobster, check this video I made for ya talking about that you heard the routes are crazy hours as well as when people start to think these businesses can be nightmares. Appreciate your comment and hope this helps - ua-cam.com/video/Q_76Z5daHE4/v-deo.html
Look, I think it would be a good idea not to throw Bimbo bakery in with the choices of brake companies to buy routes. If you do some research on Bimbo, you’re gonna find out their restructure their company and they’re tearing down independent operators in certain areas ,here’s the problem, Bimbo has its own employees that are union and they have decided to go with their union employees over their independent operators which makes no sense but it’s Bimbo so I think it be a good idea just to leave Bimbo out of this information that you’re giving to people. What I didn’t realize when I got into this world that Bimbo Bakery was the competitor and over the years Bimbo, the one making decisions, took away from me and gave to the competitor, which was their union. Truthfully, I don’t know legally how they could’ve done it, but they did.
Definitely a grey area for sure. It's tricky because self employed people don't have to worry about a single contract evaporating their entire business like a bread / FedEx route though. So, to me it still feels like it's in some weird category all on its own, but I see your point. Anyway, appreciate all your comments - let me know if there's any topic you'd like to see me cover in a video next!
Im only a few minutes in and as someone whose been doing this for 10 years, I can say this guy is on point!
This is really informative stuff. Very underrated channel, thank you for the work you are putting into these. I learned a lot
Wow - thanks a bunch! Glad the videos are helpful. Let me know if there's any topic you think I can cover in future videos. ;)
I'm looking at a couple Flowers routes in which they say owning multiple routes are fine and even encouraged.. The routes I am looking into do 125k to 140k discount each. Do you think these numbers could work with ne putting a driver in place? I was thinking if hireing a drive for each ans then eventually hireing a manager who would also be a relief driver when someone is out sick and etc... Would love to hear your thoughts. Thanks!
Came here and interested in buying but planning on keeping my 9 to 5 good idea or bad I have flexibility in my job.
With SOME of the bread routes (eg Mission / Flowers), the terminal manager *may* approve you to take over the seller's contract if you plan on keeping your job.
Having a job is like NOT wearing a seatbelt while driving 100 mph. You're not going to notice there's any problem at all until you hit a brick wall. Same thing for bread routes - things will go perfectly but the moment your driver quits and you don't know how to operate the route (because you've been working your regular job), all hell is going to break loose. Most successful owners don't necessarily run the routes all the time themselves, but most of them don't have a typical 9-5 job on top of their routes.
If you have numerous backup drivers (eg your friends / family), then you can reduce your risk a lot though and keep your job. Hope this helps!
@@RoutetycoonVideos thank you very much for the information and for helping me have more clarity I know everything is a risk sometimes you’ve got to take chances I know a lot of people in the bread route industry I’ve been around it my whole life but it sure is scary to make that jump of just thinking negative all the time. I don’t just wanna think about the money. I actually want to think about my employee and I don’t want to overwork my employee at the same time I want to be a part of their work life I don’t wanna sit back like those other guys.
@@axiontv2058 Yeah there's definitely risk in all bread routes, but the cool thing about bread routes is that they're fairly stable and if you show up yourself (or have someone *exceedingly* reliable AND you're still available as a backup), then bread routes end up being a far less risky business *compared to other businesses.*
It also helps tremendously when they're evaluated correctly (which most people don't do b/c they don't seek out some assistance from someone that is an expert specifically in routes).
Add in the fact that they usually sell as a low valuation multiple, and even if the business goes under in 5 years for some bizarre reason, you've still made all your money back and hopefully quite a bit more.
Anyway, hope this helps - keep us posted on your journey!
@@RoutetycoonVideos thank you very much I came to learn off other people and your video was the most recent posted so I was looking for with clarity keep doing what your doing and educating in this field of work.
My uncle runs a route for mission tortillas and his boss owns 3 making around 1m a year with driver working the route soo i don’t see how it could go too bad.And I plan on getting into the business and try upscaling to where I could live a bit more then comfortable.thanks for the video very informative
Glad to hear ya liked the video! Your uncle has 3 Mission routes that are netting over $300k each w/ employees? Those are cash cow Mission routes if so. Most of the Mission routes I see net around $70k or so, so if he's got some ultra-high production routes that he can afford good drivers, then yea, he's got an amazing set up!
Maybe 1million in gross sales lol
Have a bread route for sale in NC
Being scaned based makes a big difference more flexibility.
Scan based is glooorious... :) What kind of route are you running out of curiosity?
@@RoutetycoonVideos snack
Same I have a snack route Pep Farm
For us newbs, what is scanned base?
@@jmarko8720you can just bring your stuff straight into the store without checking in it at receiving. Pretty much you get paid for whatever sales at the register.
How can I get in contact with you I am buying me a box truck next month and Wanted to get into the bread route Buisness , can you assist me please I am 28 years
Of age not looking too make millions just want to make a profit
Peperidge Farm has the BEST contracts
Lol they already did reduce commissions this past year. Bimbo Canada anyways. It’s an interesting business but they will do whatever’s best for them, simple as
For sure - I gave the example of the commission reduction not as a prediction as much just to point out what you said in your comment. Those bread routes companies want all the control, and they can better control smaller contractors than larger ones is what I was trying to get at.
Thankfully, it benefits most of those bread route companies to have those distributors deliver their product. Doesn't mean it goes perfectly all the time for all the companies, and certainly some of those bread route companies are more favorable to work with than others.
Anyway, thanks for watching - let me know if you have any questions I can make a video on!
These routes are just not scalable. You’re just buying you a job.
Yep - for the most part this is absolutely true. But for someone that has the option of working a job for $40k vs working a job (as a bread route contractor) making $90k a year this is a pretty favorable alternative. Add in that the 'job' as a contractor will probably have lower stress, more flexible hours, etc, and then these businesses make sense for some people.
Remember that the tides are *slowly* turning for multiple route ownership though in the Mission Tortilla and Flowers Bakery contracts though - I'm seeing more and more of those guys have 2-4+ routes (and multiple routes is mandatory in Massachusetts for Flowers contractors). It's not common yet, but it's starting to finally become at least possible.
For buyers wanting to not work (eg "absentee") and or pull in more than about $125k a year income, this business is a nightmare for those owners.
Anyway, thx for the comment - let me know if there's another business you've been thinking about buying and maybe I can make a video that might help.
@@RoutetycoonVideoswhy is it a nightmare? I am thinking about getting one. However, I’ve heard that the contractors were crazy hours and have no life so I’m guessing to stay away from it then because I wasn’t really trying to be in it every day like that.
@@lobsterstrange These are great questions and concerns. Give me some time and I'll make a video getting you clarity on all this. I'll drop you a comment here when it's done.
@lobsterstrange Hey Lobster, check this video I made for ya talking about that you heard the routes are crazy hours as well as when people start to think these businesses can be nightmares. Appreciate your comment and hope this helps - ua-cam.com/video/Q_76Z5daHE4/v-deo.html
Look, I think it would be a good idea not to throw Bimbo bakery in with the choices of brake companies to buy routes. If you do some research on Bimbo, you’re gonna find out their restructure their company and they’re tearing down independent operators in certain areas ,here’s the problem, Bimbo has its own employees that are union and they have decided to go with their union employees over their independent operators which makes no sense but it’s Bimbo so I think it be a good idea just to leave Bimbo out of this information that you’re giving to people. What I didn’t realize when I got into this world that Bimbo Bakery was the competitor and over the years Bimbo, the one making decisions, took away from me and gave to the competitor, which was their union. Truthfully, I don’t know legally how they could’ve done it, but they did.
It's being self employed, not a business.
Definitely a grey area for sure. It's tricky because self employed people don't have to worry about a single contract evaporating their entire business like a bread / FedEx route though. So, to me it still feels like it's in some weird category all on its own, but I see your point.
Anyway, appreciate all your comments - let me know if there's any topic you'd like to see me cover in a video next!
Starting for Mission tomorrow running a 2nd route my friend owns