Vending Machine Business for Sale in New Jersey

Middlesex County, NJ
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Asking Price:$1,500,000
Gross Revenue:$1,080,000
FF&E:$500,000
Cash Flow:$350,000
Inventory:$50,000
Established Year:1982
BUSINESS DESCRIPTION

Vending Machine Business for Sale in New Jersey

LISTING ID # 36270

Drastic price reduction! Turn key operation - primed for investor! After 40 years in the business, the owners of this Middlesex County vending machine business are seizing the opportunity to cash out and simplify their lives. Each owner worked the business 3 days per week, one of whom has had other interests throughout and he will leave to give that his full-time. The other owner wants to continue but with less responsibility. A partner that will provide administrative and financial support would be ideal. After acquiring $100,000 worth of vending machines in 2023, no further acquisitions of traditional machines are planned for 2024 and 2025. The planned effort will be to move the higher volume accounts to the newly acquired vending machines and to pull the low volume machines in favor of establishing new accounts.


DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Cash/other
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd