Owner Financing is Available!
Business Overview:
Income to Owner $52,684, with stable client base and potential for growth. Revenue $216,810. You can buy this business for $170,000. Established in 1987, this premier Vending Business has an outstanding reputation and is rated as one of the top in the industry. The clientele, and product line are diversified, helping it not only to survive, but thrive during the recent economic downturn. With over 30 accounts, selling beverages, snacks, candy, coffee and frozen food items, and with more than 70 machines in place, it is positioned for a new owner to take it to the next level. The current owner has had it for 5 years, and needs to concentrate on family matters and other interests. The 2007 and 2008 Gross Revenue exceeded $300K, with a net of over $90K. A box truck is included in the sale, making delivery easy and efficient. The current owner is running this business out of a warehouse, but a new owner could easily run it from a garage. If you are looking for an easy to run business, without the hassles and headaches of employees, this business is for you. Current owner will finance $49K to a qualified buyer, and will provide 2 weeks training for free, and will stay on part time if new owner desires. For additional information email info@vrclearwater.com or call 727-499-6500.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets: The estimated value of FF&E is $160,000. A complete list of FF&E is available to a qualified buyer who has signed a confidentiality non-disclosure agreement with Business Ventures of Tampa Bay Inc.
Lease: The business operates from a leased 1,200 square feet warehouse inclusive of an air conditioned office space. The business has been at this same location for 5 years.
A. Lease is Month to Month
B. Total Rent: $850
C. Seller is responsible for all inside repairs including A/C.
D. Expansion is possible through the lease of additional warehouse space.
Market Competition and Expansion:
The business currently relies on word-of-mouth advertising and its web site to drive new business. The development and implementation of an aggressive advertising campaign could generate more sales through placement of additional machines. Opportunities for machine locations are countless. The machines can be placed any where there are employees or the general public are.
Reason for Selling:
Health Issues
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.