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Established Vending Machine Repair & Sales Business with High Growth P

Shelby County, TN

Seller Financing Available

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Asking Price:$450,000
Inventory:$70,000
Cash Flow:$142,501
Established Year:2007
Listing ID: 2202416Listing provided by BizBuySell
BUSINESS DESCRIPTION

This well-established and highly regarded vending machine repair and sales business is ideally situated in the heart of Memphis. It offers a comprehensive range of services, including in-shop and on-site repairs, machine relocations, and sales. With a robust operational framework, a skilled and experienced team, and a large, loyal customer base, this business serves an extensive area covering multiple counties. Operating from a strategically located 5,000 sq. ft. facility near key landmarks, the company is well-equipped with valuable assets and specialized equipment.

The business holds a dominant position in the local market, with virtually no competition, and continues to attract new customers regularly. There is substantial growth potential, particularly through online expansion, making this an excellent investment opportunity. The current owners, who bring decades of industry expertise, are looking to retire and are committed to ensuring a smooth transition for the new owner. This is a rare chance to take over a thriving business with a bright future ahead.

DETAILED INFORMATION
Location
Shelby County, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
4
Facilities
Spacious 5,000 sq. ft. facility featuring organized parts storage along the front and back walls. Included are essential tools and vehicles for operations: pallet jacks, appliance movers, a stair-climber, forklift, and a work truck. Also available are a $ drop trailer and a light-duty trailer, pending decisions. All equipment is pre-owned but maintained in excellent working condition.
Competition
Uniquely positioned as the exclusive provider of vending machine repair, service, and sales, our business enjoys a monopoly status with no competition within a 300-mile radius, set in a region known for its industrial prominence.
Growth & Expansion
The business consistently attracts new customers each month, primarily through word-of-mouth and Google searches. Although we don't have a website, there's a significant opportunity to boost sales by offering parts online, a venture we have yet to explore due to time and expertise constraints. Further amplifying our growth potential, we are integrating card reader technology into our machines, offering an additional revenue stream and staying ahead of digital payment trends, while still valuing the importance of cash transactions.
Support & Training
The owner commits to a 2-year tenure to train technicians, including a year dedicated to refrigeration repair and proper machine moving techniques. Additionally, Employees will remain onboard and committed to staying with the business.
Reason for Selling
Having owned the business since 2007, and with my experience in the vending indu
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Kelvin Woods
Woods M&A
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Kelvin Woods
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