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Vending Machines
| Asking Price: | $500,000 | Inventory: | $200,000 ++ |
| Gross Revenue: | $300,000 | Real Estate: | n/a |
| Cash Flow: | $90,000 | FF&E: | $315,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This profitable vending machine business serves food and drink items such as sodas, bottled waters, chips, candy, gums and a variety of other snacks. The current ownership started in 1991 and the owner-operated business should be operated “hands on.” There is much to attract a potential buyer to this business, including the fact it owns and services about 175 vending machines in 75 different locations. The units (vending machines) are stocked every other week and machines are replaced with fresh food as required and the delivery and set up of the equipment is included in the contracts. Located in the city of Chester, VA in Chesterfield County (the hub of the area) with a population of close to $300,000, the town is only 10 miles for the state’s capital of Richmond and provides much in the fields of education and opportunities for leisure and recreation. The area has many features and points of interest, such as battlefields and historical homes. Please call today for details!
About the Business
Year Established:1991
Employees:2 full time - 3 part time
Facilities:Building and land consists of 1 two-level building of 5,000 sq. ft. of rental space located in a downtown area that is somewhat of a high traffic location. The bottom floor is utilized as a warehouse. The building could be expanded or the business relocated if a new owner would prefer.
Market Outlook and Competition:Growth or expansion could be achieved by increasing the marketing and advertising. Hiring a sales representative to call on businesses would most likely expand the customer base.There is some local competition.
About the Sale
Management Training and Support:The current owner is happy to stay on through a reasonable transition period to acclimate the new owner to the business, employees and clientele.
Reason For Selling:The current owner is ready to retire after many successful years owning this business.
KEYWORDS: vending machines, vending
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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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