Cash Cow Vending Route for Sale
Location: New York > Oneida County > Syracuse
Industry: Food and Beverage > Vending Machines
Financials
Asking Price: $290,000
Gross Revenue: $362,000
Cash Flow: $116,000
Inventory: $17,000 (Not Included in Asking Price)
Seller Financing: SBA Financing is available 20% down required
Business Summary
This is an established vending machine route that brings in $362K per year. The route consists of 52 machines and 10 locations. This is a Franchised Business and the new owner will benefit from the training that is provided by the franchise who is an industry leader. There is no experience needed, just a will and drive to be successful businessman. The Vending Machines have a technology that will help the owner run his business more profitably and more efficiently. Owner can continue to grow their business by adding additional machines to their route. Franchise will assist Franchisee in securing new locations. This business can run with multiple vehicles. Easy business to manage and operate.
About the Business
Year Established: 2007
Employees: 1 full time -
Franchise: Yes
Home Based: Yes
Facilities: Route consists of 52 machines and 10 location. Route is located in and around Oneida N.Y. Owner currently rents a warehouse in for storage. New owner could easily move to a garage or another small space.
Market Outlook and Competition: This route is part of a large Franchise, thus there is very little competition, because the Franchise either has or continues to acquire large vending companies.
Growth and Expansion: Buyer can continue to add more machines to his route. Franchise will assist if needed on securing additional locations. Territory is NOT exclusive so the buyer can add additional machines anywhere. With the technology that is installed into the machines, the buyer will be able to cut costs and work more profitably.
About the Sale
Management Training and Support: Franchise provides extensive training for $9,500. The Seller is willing to train for 2 weeks, however the $9,500 training fee is mandatory.
Reason For Selling: looking to retire
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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