Thriving Vending Machine Business - 16 Machines
Asking Price: | $330,000 |
Gross Revenue: | $417,600 |
Rent: | $287/Month |
Cash Flow: | $199,400 |
Inventory: | $1,000 |
Established Year: | 2020 |
This business is a well established cash cow but is not a part-time, side hustle vending route! Seller has been building this business for the past 4 years and has machines in fantastic locations. Depending on location, machines sell everything from drinks and snacks to microwave meals to personal items to laundry detergent. For sale are all 16 near identical machines, 14 of which are in service, 2 serve as backup machines in the event of required repair that may put a machine out of commission for more than 24 hours.
Of the 14 machines 10 require re-stocking 3-4 times per week and sometimes more often. These are prime locations and part of the agreement in maintaining these locations is that machines drop no lower than 75% of fully stocked. These machines are all remote monitored, refrigerated, have adjustable shelving to accommodate a range of items and accept cash and card. A few machine also accept Apple Pay.
The locations currently served include car dealerships, manufacturing facilities, extended stay hotels and laundry mats.
This is a home based business but also requires a 10x25 storage unit which is currently on an annual lease.
We do not anticipate this business remaining on the marketing for long so must request that any letter of intent may not be longer than 20 days and that any and all financing be fully secured by buyer before accepting a letter of intent.