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Vending Business For Sale
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Retail > Other Retail




Business Summary

Due to my soon moving I reduced the price of my Vending Business for 50%, and currently asking ONLY $80,000.00. Business been established in 1989, and includes 29 accounts with 66 (62 at locations + 4 in storage) full size soda and snack vending machines (opening with one key, and located 0.5-1.0 mls from each other, mainly in lunch rooms only inside the offices, with very friendly customers) between Calabasas and Camarillo. Annual gross income in 2009 was $89k (with $45k net income, which is 48-50% reissue margin). Route easily operated by one person with only 2 (two) days per week.
Asking price $80K (no financing).
To make that sale fast and smooth in addition to the route and vending machines at the locations, I will also include in sale price All staff listed below with approximately value more than $23,000.00 :
- 2004 GMC Savanna 2500 Cargo Van with 63K miles. – approximately value of $10,000;
- Inventory currently stocked in ALL 66 vending machines, and in storage – approximately value of $5000;
- Coins in coin mechanism for ALL 66 vending machines – approximately value of $3000;
- 4 (four) extra 2-soda and 2 -snack machines (in storage), which are ready for locations – approximately value of $1600;
- Two (2) professional (the same as using in banks) coin (Magner) and bill (Cummins JetScan) counting machines – approximately value of $1500;
- Storage in Westlake Village (10x15ft) – rent paid till December 31st 2010 (monthly payment $206);
For additional info, questions, pictures ext., please contact Vadim at 818 324-5057 or through email. Serious inquiries only please.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $90
Cash Flow:   $45
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $23,000
Seller Financing:  No

About The Business

Year Established:  1999
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 (two) weeks professional training, with proof of income, with additional 1 (one) month help and answer questions over the phone.
Reason For Selling:  Due to moving.

Photos

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Vending Business For Sale Photo 1 Vending Business For Sale Photo 2 Vending Business For Sale Photo 3




Print Listing Id: 700132020
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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