Business Overview:
Profitable vending company consisting of fifteen (15) vending machines and servicing various locations in Northern New Jersey, which includes commercial businesses. All of the machines are full sized machines with electrical components and are in excellent working condition. The business locations consist of numerous post offices and other high traffic commercial locations. The company has a gross income of approximately $18,000 yearly and a consistent net yearly income which can be further developed with additional machines. This vending company does NOT pay any rent fees at any of their locations. This is a dependable safe business opportunity. The present owner is absentee, not involved with the day-to-day operation and has priced the business based on the equipment value.
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Property Features and Assets:
Vending companies routinely represents a home-based business operation with a small work area for equipment storage or maintenance. The machines are located in Northern New Jersey, Bergen, and Essex Counties.
Market Competition and Expansion:
Due to their good service and relationship with their customers no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Absentee owner.
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.
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