Vending Machine Route
www.GlobalBX.com
Listing ID:
700280115
Listing Title:
Vending Machine Route
Quick Link:
http://www.globalbx.com/listing.asp?bId=280115
Industry:
Food and Beverage
Industry Segment:
Vending Machines
Country:
United States
State / Province:
California
Area
Southern California - Los Angeles Area
City:
Los Angeles
Asking Price Range:
< $250K
Gross Revenues:
$84,360
Cash Flow:
$36,832
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2012
Number of Employees:
1 - 3
Business Description:
This San Fernando Valley based vending machine route boasts 16 AMS Dual Combo vending machines (3 snack & 2 chilled drink rows - cash and credit capable) in 15 locations between Studio City and Simi Valley and 3 along the Wilshire corridor. The company begins in each location with a 12 month commitment, and then goes to a month to month arrangement. The machines, all between 3 and 7 years old and valued between $2,200 and $3,000, produce between $100 and $1,000 per month. Location commissions are around 10%. The firm has 1 part-time staffer who works 15 --- 23 hours per week and 1 highly experience part-time service technician.
Asking Price $99,000
This company is home based and can be operated from virtually anywhere. All of the business's furniture, fixture, equipment and locations will be included in the sale. Inventory will be sold at cost at close in addition to purchase price.
While competition certainly exists in all segments of the vending route business, this company has solid locations with what are deemed to be secure relationships. It also has a somewhat unique health-oriented product offering that appeals to it client base.
New operators may wish to expand the geographic focus of the business beyond the San Fernando Valley concentration. This would be an add-on to an existing vending route or an ideal semi-absentee situation for an owner seeking passive income.
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