Mission Tortilla Route for sale in NE Austin, TX
Status: SOLD (see other available listings here)
Down Payment: $50,000
Net From Company: $60,000
Box truck included
Location: Northeast Austin, TX
Low stress. Consistent. Stable. Proof of income. Employee available.
Incredible opportunity to get an established, highly profitable, easy to run, well managed Mission Tortilla route. Excellent for first time route buyers!
Makes $60k. After all expenses, the route nets $48k and is still growing.
An employee is in place now and route has been run semi-absentee with current owner. The route will benefit greatly from an active and involved owner. The $48k net is with running the route yourself.
Gruma Corp (Stock Ticker: GMK) owns Mission Tortilla and has created an established, dominating, and growing brand of tortillas. There are hundreds of distributors across the US and only a very small percentage is ever for sale due to extremely low turnover for contractors.
Own an entire territory that is still continuing to grow in the highly acclaimed city of Austin. This is a very rare turn-key situation where the route:
a) Is NOT distressed
b) Has an established employee
c) Runs in nice areas of town with established huge customers
d) Is dominating the competition
e) Provides over 100 different products to supermarkets to stabilize income
f) Less than 40 mile round trip
g) Has a low stress 30 hour work week
There’s other routes out there for sure. But you’re very unlikely to find one that is going to be as headache free as this one.
Unlike routes like FedEx:
a) There are no uniform requirements
b) No truck logo requirements
c) No 2-4 week delays while corporate approves your new employees.
If you’re new to routes completely, you’re in for a treat of discovering the perfect hybrid between the stability and corporate backing of franchise but with the known income history of an established business!
About RouteTycoon: RouteTycoon.com only sells routes that have provided extensive data and still show strong signs of profitability. Owners have provided some documentation of income before they’re even allowed to be listed.
Q: Will the owner consider financing?
Yes! The owner will considering financing for full price offers with only the required amount for a down payment (stated at the top of the page). He needs the money from the sale of this business for another even larger business venture with his partners. This is the only reason he’s selling. There are financing options for generally 50-100k though that RouteTycoon has partnered with. If this is all you would need AND your credit is excellent, please contact me to discuss.
Q: I’m new to routes. If I bought the route, is the stated net above what I’ll actually take home the first year if I just run the route myself with no employee?
Yes, route income changes slightly just like any business, but it’s a good estimate. It’s the route industry standard to show the routes net after all required and generally fixed/required expenses such as insurance, scanner rentals, terminal lease, etc. You’ll make money as soon as you take over the business.
Q: What sorts of startup/one time costs am I looking at on top of paying for the route(s)?
Any expenses you’d have if you bought a new truck. You will pay for property tax on the truck, registration and title fees on plates at the DMV (~$100). There’s no cost for training, no flying around to franchise corporation headquarters, or any other nonsense you’ll find with other businesses. Depending on your credit Mission may require a $5k deposit with them, however, this deposit isn’t really an expense as it’s fully refundable and not applicable to all buyers. No other food licenses, permits, or CDLs are required.
Q: Will the owner give any training?
Complete training. Between the employee and the owner knowing how this business works, you’ll find yourself up to speed in no time. If you bought the route, the seller will be committed to you succeeding by introducing you to the mechanics he’s used (although you can use whomever you’d like), introduce you to other helpful drivers, and also be training you on how to run the route yourself if you wanted. This is a very simple business and should only take a couple weeks to learn it completely.
Q: So if I have an employees running the route, I just sit back and let the cash come in?
If you have keep reliable employees, and didn’t mind the expense of an employee, then yes, you don’t need to come into the terminal often. You’ll probably still be needed occasionally for random things, so it’s best to consider it as semi-absentee owner as opposed to fully absentee.
Fully absentee Mission Routes are possible, but I recommend any business owner knowing and understanding the business fully before doing this, and I highly recommend being local to the terminal for a while before trying to create this sort of organizational structure. Contact me to discuss this possibility. You still need to learn the business yourself at first, which requires time for the first 2-3 months before you can reasonably step back fully.
Q: Is there potential to buy more routes?
There are likely to be other routes in the same area that will open up over the next year or two due to contractors changing professions, moving and or retiring.
Q: Tell me about the route itself and where exactly it goes.
The route goes to the Northern central Austin area and drives less than 40 miles a day round trip on average. It goes to large grocery stores like HEB and others.
Q: How long does it take to run the route? What are the hours?
About 30 hours a week. The hours are flexible and determined somewhat by you as long as the businesses are being stocked full of the products we’re bringing to them. Typically, routes like this start off around 4am and end around 10am-2pm depending on the day. This is a high income producing route with highly successful stores in the territory that require the route to run 7 days a week, but certain days take much less time to complete than others. Some days are only a few hours long, but most all days start in the early morning.
Q: Have routes been pulled/taken away from contractors before?
Only in extreme cases where the contractor had made violent threats, refuses to service the area he’s contracted to and other completely insane things. It’s extremely rare, but on occasion people have gone nuts for whatever reason and lost their route. Mission usually warns the contractor long before disciplinary action will be taken.
Q: Will I need a lawyer or accountant to do this?
Technically you don’t need a lawyer, but for many transfers it’s encouraged to use one, especially if there are contingencies beyond the transfer – only you can make the determination to utilize a lawyer or not. Route transfers are usually simple, and this is one good thing about having a huge corporation (Gruma / Mission Foods) behind the transaction since this isn’t like another business where only you and the seller are involved. Mission corporate structure makes sure the transfer of route contracts is done easily and smoothly. The business changes hands by a route transfer form given to management, it takes them a couple weeks and then the income flips to your name. You could get a lawyer, but it’s not necessary and I’ve seen other people use them much to their dismay when they delay the sale of the route and also eat you with fees. I recommend an accountant at first to help with year-end payroll and the seller will help get you established with monthly and quarterly payroll if needed.
Q: If I am ready to buy today, how long would it take to start getting the paychecks?
You need to pass a background check and have your credit approved. The fully process takes about 2-4 weeks total. So if you’re interested in making passive income or even an active income if you ran the route yourself, then email me any questions you have and I’ll answer them as soon as possible (usually 24-48 hours). Also leave your phone number. Please only email us if you have the cash already available for a business like this. I know a lot of people get their first route by taking out a loans on their home, or find relatives to finance them.
Q: I have all the money and I’m ready to get started! What next?
Excellent. Email – Support@RouteTycoon.com or go to the contact me page and mention you’re interested in the route. Leave your number and someone should get back with you as soon as possible (usually 24-48 hours)