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Business For Sale
CASH COW VENDING ROUTE FOR SALE
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Suppliers, Vending
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Reason for Selling:
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moving on to other interests. |
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Year Established:
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2006 |
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# of Employees:
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1 full time, 2 part time |
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Yearly Cash Flow:
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$163,000 |
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Yearly Gross Income:
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$488,000 |
Business for Sale Overview:
This is an established vending machine route that brings in $488,000 per year. The route consists of 62 machines and 5 locations. This is a Franchised Business and the new owner will benefit from the training that is provided by the franchise who is an industry leader. There is no experience needed, just a will and drive to be successful businessman. The Vending Machines have a technology that will help the owner run his business more profitably and more efficiently. Owner can continue to grow their business by adding additional machines to their route. Franchise will assist Franchisee in securing new locations. This business can run with multiple vehicles. Easy business to manage and operate.
Property Features and Assets:
Route consists of 62 machines and 5 location. Route is located in and around Newton Ma, with a University being the primary account. Owner currently rents a 260 square feet warehouse in West Concord on a month to month basis. New owner could easily move to a garage or another small space.
Market Competition and Expansion:
His route is part of a large Franchise, thus there is very little competition, because the Franchise either has or continues to acquire large vending companies.
Growth and Expansion: Buyer can continue to add more machines to his route. Franchise will assist if needed on securing additional locations. Territory is Not exclusive so the buyer can add additional machines anywhere. With the technology that is installed into the machines, the buyer will be able to cut costs and work more profitably. Seller runs the business absentee and has several employees. The business is designed to be operated by owner/operator, so the new owner can save money by operating the business himself.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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