Profitable 13-machine vending business in Atlanta! Semi-Absentee!

Atlanta, GA
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Asking Price:$235,000
Gross Revenue:$240,000
Cash Flow:$110,000
Established Year:2020
BUSINESS DESCRIPTION

Turnkey 13-machine vending business in the heart of Atlanta with 2024 sales of ~$240k and 50% gross margins. Machines are state of the art including all forms of payment accepted (incl. apple pay, google pay, etc.) as well as remote operations and inventory monitoring via the MOMA app. Business is spread across 4 locations enabling much more efficient and seamless servicing. Please see information below about locations - serious inquiries only with proof of funds required.

Location 1: Hotel in Downtown Atlanta - 2 machines in employee cafeteria, open 24/7 and does ~$1,950/month. Refill ~1x every 10-14 days
Location 2: Warehouse distribution facility in Peachtree Corners - 2 machines: 1 in loading dock 1 in employee breakroom, open 5 days a week and does about $850/month. Opportunity to improve assortment or relocate. Refill about every 14 days
Location 3: Senior rehab facility in Atlanta - 4 machines, open 24/7 and does about $11k/month. Pay a 10% commission on cash sales or ~$700/month. Refill 2-2.5x per week
Location 4: Distribution facility in Forest Park - 5 machines, part 24/7 part 9-5 Mon-Fri, split between indoor cafe and warehouse/loading dock. New location starting in Jan. as these 5 machines have recently been relocated. Should do about 70-80% of what prior location was doing (about $8,800/month). Expect to refill 2x/week

Driving costs are somewhat minimal given locations of machines. Average effort of about 1 hour per machine per week or 12-14 hours per week so definitely possible as a side hustle (owners have full time regular jobs). Eligible for SBA funding


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Facilities
Machines locations are no cost to our business (no monthly fees) and also have no long-term contracts so you can move them to better performing locations at-will. Except for one location all have been in service for over a year with positive relationships in good standing.
Growth & Expansion
I have not optimized assortment in quite some time so there are definitely opportunities to improve options to drive upside growth. At senior facility, upside is probably 20%+ by more frequent visits - I am unable to go more than 2x per week but all drinks and most snacks are sold out by the time I return. From a cost standpoint, I am just buying from Sam's Club mostly so there are plenty of opportunities to reduce costs via distribution; I frankly haven't had the time to explore
Support & Training
Determined upon request from buyer
Reason for Selling
Focusing on real estate investments that are taking up more of my time
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Chris Griffith
Chris Griffith