Business for Sale Overview:
This is an excellent opportunity to acquire a company where the income starts as soon as a purchase is completed. The business wholly owns circa 288 vending machines, which dispense, coffee, tea, soft drinks and snacks. The business currently services machines in circa 130 separate sites throughout the North West of England. The company fills , cleans and maintains each machine as required and has well established relationships with its customers. These machines are highly profitable with a huge stock turn of product.This market continues to grow at an annual rate of 10% per year, and the forecast is for this to continue in the future. The vending market is recession proof, with continual daily use of the machines. The machines take cash for the purchases. This is an easy and profitable business model to run and provides excellent cash flow for the company. Vending is an all year round business with no seasonal fluctuations, accurate budgeting makes it easy to administer. The machines are located on busy sites and replenished as required.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business operates from leasehold premises. There is 1 year remaining on the current 3 year lease. Rent is circa £600 per month inclusive of rates. The unit is circa 2,000 square feet and located on a secure industrial estate. The unit has roller shutters. The industrial estate has password protected access controls.
Market Competition and Expansion:
The business has never advertised, preferring to rely on the best form of marketing, word of mouth recommendations and referrals. It does not even have a website.
Reason for Selling:
The current owners would like to pursue a new opportunity
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.