Vending and MFG Company- COVID-19 Resistent

Not Disclosed, NY

Long Island

Asking Price: Annual Revenue:
Not Disclosed $11,700,000

Manufacturing: Electronics & Technology

Request More Information
Contact the Seller

RE: Vending and MFG Company- COVID-19 Resistent Broker: Ken Stein

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $11,700,000
Net Profit: Not Disclosed
Cash Flow: $3,370,000
Total Debt: Not Disclosed
FF&E: $10,000,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: Not Disclosed
BBN Listing #: 10854701
Broker Reference #: 14574

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This company has all of the characteristics of a great company. Well established track record? This company was founded 35 years ago. Residual income? This company has thousands of machines placed which are cash cows. Ability to grow? In the last decade they have more than doubled the business and there are tremendous internal growth opportunities within the Company. In addition, there are many opportunities for strategic acquisitions. Covid-19 RESILANT? Sales in 2020 are in line with 2019 and in the 3rd quarter of 2020 has INCREASED! They are Covid-19 RESISTANT. Recession resistant? The company is in a “need” industry with technological changes INCREASING the machines relevance. Barriers to entry? HUGE! History of growth? Sales have been consistently increasing for over a decade WITHOUT a dedicated sales force. Management transition plan? The founder of this company is in his early 60’s, has a lot of gas in the tank and would be willing to stay involved with the company, including an equity position. We are expecting to have Indications of Interest (IOIs) from qualified candidates by January 15th, 2021. Candidates only with the ability, expertise, and financial capabilities to purchase, operate and grow a Company like this will be considered. If you are qualified and interested in learning more, please refer to listing number 14574 when inquiring.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!