Vending Machine Distributor Sales Company

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Sales & Management Skills Needed
Asking Price:
$125,000

Gross Revenue:
$700,000
Cash Flow:
$135,000
EBITDA:
$130,000
Inventory:
$75,000
not included in asking price

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

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Business Description

Gary Joyner the owner of Advantage Refreshments started in the vending industry in Orlando, FL in 1994.
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 are 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. on a part time basis.
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 $1,250 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 that provided to you are with locations who are not happy 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
Real Estate:
Leased
Facilities:
We are in the process of leasing a showroom/warehouse in Orlando, Fl where we can service the entire state of Florida from a central Florida location. Office furniture, brand new office equipment including computer, printer, software, etc
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 value 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 72 years old and is looking to enjoy retirement with his family.
Training/Support:
Mr. Joyner will provide hands on training and support for up to five years and Federal Machine also provides training and support at no charge for as long as you are in business.
Seller Financing:
A down payment of $50,000 with balance of $75,000 financed over five years

Listing Info

ID:
1384731
Ad Detail Views:
756

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Business Listed by
Gary Joyner

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Source: American Community Survey (2010-2014), United States Census Bureau.

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