Business Summary:
Sales Price is $91,000
We are happy to train beginners. We can show how to fix common problems that occur with vending machines and will share our database of machine dealers (new and used), repairmen, food suppliers, etc. We also train on how to make the business more profitable. There are several tricks that many vendors do not know that can increase sales and decrease spoilage.
Summary
ROUTE
$91,220 Yearly Gross •
$43,499 Yearly Profit
15 Vending Accounts
Vending machines including "Free Lease" Coke machines •
13 hours average per week, to include all extra work involved. •
$34,540 Owned Machines Value: included in sales price
Covenant not to Compete • Most of the accounts are 2 years old to 14 years old.
Vending in this economy:
For some reason, people do not change their spending habits when it comes to food and snack items. The only economy-related potential for reduced income is the downsizing of companies at which the vending machines are located.
Potential Risks
You may lose a location due to a company choosing to move or getting kicked out due to bad service. If you are consistent in offering good service and keep good relationships with your customers, you can reduce the risk of getting kicked out. In the case of a move, by keeping a good communication line with your customers, you will be able to put your machines in the new location instead of having the company call one of your competitors.
Strengths of the business
Snacks and drinks are not a fad. Everyone has to eat; therefore, vending has always been a solid business. It is not generally susceptible to the upward and downward swings of the economy.
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