Central Ohio Established Vending Routes

Columbus, OH
listing image
Asking Price:$1,200,000
Gross Revenue:$962,000
BUSINESS DESCRIPTION

Great opportunity to take over well-established vending routes in central Ohio. There are well over 500 vending machines with 450 machines on location and growing. Currently there are 200 card readers that are installed on vending machines that are active and they continue to add more card readers each month drastically increasing the revenue. There are currently 210 locations with that number growing as the business continues to grow. Right now, the average revenue has been over $80k a month and increasing as locations are added, machines are upgraded, and card readers are added.
Currently the owner has a full time Technician and 3 route drivers, so he is hands off and only dealing with the admin part of the business. So, this can be run remotely if the new owner decided to stay hands off. All info given above continues to change because the owner is continuing to grow the business and with the changes they are implementing each month they will easily surpass a million in sales.
Business Assets
450 machines x 30.00 change in coin mechs. =
523 Vending machines averge value $1500 some more some less
2 box truck inventory $3000.00 =
1 cargo van inventory $1000.00 =
Warehouse Inventory $6000.00 to $8000.00
Inventory per machine 449 x 161.11 =
Trucks

1.     2002 GMC 14 ft. box truck with liftgate 128,ooo miles
2.     2003 GMC 16 ft. box truck with shelving. 268,000 miles, in April 2023 in GMC rebuilt transmission, Ac, Tye rods, belts over 4000.00
3.     2004 16 ft. box truck with shelving. 178,000 miles. March 2023 new fuel pump, fuel filter, complete tune up
4.     2009 Chevy cargo van. 304,000. New engine at 250,000
5.     2008 Chevy cargo van. 258,000 miles
6.     2008 Chevy cargo van. 246,000 miles
523 Machines Average cost per machine $1500. some are much more expensive others less
200 card readers
Multiple Bill acceptors & coin mechs
50 control boards
Extra parts and shelving
6 dollies 3 of which are foldable
1 pallet jack
2 red machine dollies


DETAILED INFORMATION
Location
Columbus, OH
Inventory
Not Included in asking price
Employees
4
Home-Based
This business is Home-Based
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Caleb Sexton
Elite Brokers
Caleb Sexton