High Tech Vending Franchise
Location: Texas > Dallas-Fort Worth Metroplex
Industry: Food and Beverage > Vending Machines
Financials
Asking Price: $254,500
Gross Revenue: $350,000
Gross Revenue Comments: Approx. based on historical data
Seller Financing: Commercial financing is available.
Business Summary
This franchise's revolutionizing technology is a complete business management system that is installed into strategically located quality vending machines. The franchisor has acquired existing vending companies, installs this technology in pre-sited vending machines with known sales histories & leases them to the franchisees. The company also provides a complete training & support program. A typical franchise will include vending machines with an historical aggregate revenue stream of approx. $6,730/week in gross revenues ($350,000 annually). Minimum net worth to qualify is $150,000. Royalty fee is 10% of gross sales. Franchisees are provided a defined, non-exclusive territory with existing machines & cash flow.
About the Business
Year Established: 2003
Employees: 1 full time -
Franchise: Yes
Facilities: Owner will need a vehicle suitable to transporting product to the machines and a computer. Franchisee support is outstanding and they have made the franchisee's job very easy!
Market Outlook and Competition: Franchisor buys existing vending companies and consolidates the machines into efficient, profitable routes. Wireless technology in vending machines is revolutionary.
About the Sale
Management Training and Support: Four weeks of training in Dallas. Franchisor purchases product in bulk and stores it for franchisees in individual storage units. Coin counting machines are also provided at headquarters. Area Franchise manager will give support and assistance.
Reason For Selling: Franchise expansion

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Listing Tools
BizQuest ID:748210
Seller ID:12840227
Business Listed By
Lucy M. Higgins  |  The Higgins Group, Inc.
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