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Vending Machine Business
| Asking Price: | $550,000 | Inventory: | $20,000 ** |
| Gross Revenue: | $871,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $197,966 (comments below) | FF&E: | $213,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: 2008 | |||
Vending is one of the few recession proof businesses on the market today so if you are seeking a turn-key business with a successful 22 year history then look no further. This Vending Machine Company has maintained a high level of quality service since 1986.There are currently 19 accounts in very large public and intermediate schools featuring Snacks, Juices, Sport Drinks, Water, Hot Beverages, Ice Cream, & Milk. There are approximately 120 machines, 3 trucks, warehouse equipment and spare parts included. There are 2 full-time drivers and another full time employee that also services the route and handles repairs. The business is operated part-absentee and the seller only works about 10 hours per week so an owner operator could add to the cash flow by working the business full-time while reducing expenses. There remains a tremendous opportunity for vending in schools due to rapid growth of students. A qualified Buyer may be able to secure an SBA loan on the business. The Buyer must have at least 30% down as well as collateral. There is approximately $213,000 of equipment (recently appraised) included. Do not miss out on this opportunity!
About the Business
Year Established:1986
Employees:3 full time -
Relocatable:Yes
Facilities:The business is located centrally in LA County with close access to the 5, 605, 105, & 91 Freeways. The office/warehouse is very efficient and the seller reduced the space and will save $11,000 per year on rent in 2009
Market Outlook and Competition:A new owner will benefit from the name and excellent reputation that the company has created. There is also the opportunity to diversify and solicit other types of accounts
About the Sale
Reason For Selling:Re-Locating
Seller Financing:SBA for a qualified buyer
KEYWORDS: Vending machine, Los Angeles Vending Company, Southern California Vending Business, School Vending, Snack & Soda Vending
Sell Your Business | This listing has been viewed 833 times
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Industry: Food and Beverage
Segment: Vending Machines Next Listing: 125 Uturn Terminators
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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