Vending Machines & locations in North Carolina

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Sales & Management Skills Needed
Asking Price:
$25,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
$100,000
Inventory:
$50,000
included in asking price

FF&E:
$2,500
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Gary Joyner the owner of Advantage Refreshments started in the vending industry in Orlando, FL in 1994. Mr Joyner is looking for an operating managing partner in North Carolina
He is an authorized factory distributor for Federal Machine Corp. located in Des Moines, IA. (Federalmachine.com). Federal is a division of the Wittern Group located in Des Moines. The Wittern Group has been in business since 1931 and has become the worlds largest manufacturer and financier of privately owned vending machines.
Advantage Refreshments is one of the largest vending machine distributors in the United States for Federal Machine Co.
Gary Joyner also is a contributing editor for Automatic Merchandiser Magazine a leading vending industry publication. A partial list of articles he has authored for the magazine include How To Present Your Vending Proposal, Does Your Company Have A Success Calendar, The Lost Art Of Closing The Sale, How To Increase Sales and Profits, Professionalism Or The Lack Of It In Vending, How Different Is Your Vending Company, Is Your Vending Company Ready For The Big Leagues. If you would like to read these articles you can contact Mr. Joyner via email at gwj45@aol.com or call him on his cell phone 828-291-8323 and he will make sure you receive them.
As a factory authorized Federal Machine Co. Mr. Joyner has built his business by assisting vending entrepreneurs grow their business by developing a sales program that procures five year vending service agreements with high volume
vending locations for his companies who then purchase the vending machines needed to service the locations.
As part of his services to his customers delivery and installation of the brand new Federal vending machines are included in the purchase price of the equipment.
Mr. Joyner will share with you how you can earn a six figure income which he has done working as a distributor for Federal Machine Co.
If you have had a successful sales career and are looking to get out of corporate America and still maintain a six figure income and be your own boss please email or call him. gwj45@aol.com or 828-291-8323
The average gross profit on the sale of our machines will be in the $1,000 to $1,500 per machine. The typical number of machines needed at the vending location will range from three to five machines?
One of the leading benefits of being a top producer for Federal Machine is we furnish you with pre set appointments with vending locations. You read that correctly. No cold calling, no knocking on doors, etc.
The appointments furnished to you are with locations who are unhappy with their current vendor and are looking to make a change.
Federal Machine offers a financing program for the vend operators you sell the machines to that includes no money down, one year same as cash, 90 days before the first payment and up to 60 months financing.

About the Business

Year Established:
2011
Relocatable:
Yes
Facilities:
We are beginning the process of leasing a showroom/warehouse in Charlotte N C where we can service the entire state of North Carolina. Office furniture, brand new office equipment including computer, printer, software, signs, pallet jack, hand truck, are included.
Website:
advantagerefreshments.com
Market Outlook/
Competition:
Their is very little competition because our program for selling vending machines includes high volume vending locations for our vend operators that comes with each machine they purchase.
The typical vending machine distributor does not provide vend locations with their machines when vend operators purchase their machines.
Our valure added services make us stand out hands down from our competition.
Growth & Expansion:
The potential for growth in the market is unlimited when compared to our competition
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About the Sale

Reason For Selling:
Mr Joyner is searching for an experienced sales pro to grow the business
Training/Support:
Mr. Joyner will provide hands on training and support and Federal Machine also provides training and support to help grow the business.
Mr Joyner will meet you at the Wittern Group world headquarters in Des Moines IA where you will meet with the executive team at Federal Machine and receive additional training about the vending industry.
Seller Financing:
A down payment of $13 K and balance financed for one year at zero % interest

Listing Info

ID:
1384731
Ad Detail Views:
1412

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Business Listed by
Gary Joyner

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