Business Summary:
Two businesses in one- soda vending machine operation/route for sale; also, sells candy dispensing machines online. Route includes over 400 large machines in commercial locations around north-central NJ. Owner does not own the soda machines - they are owned by soda companies who take care of their maintenance. Owner buys directly from bottlers and collects monies. Sells 20 oz soda bottles for average $1.55 (cost: 50 cents). Route is expanding monthly. Candy machines are sold on the net (price is $98; cost is approx $50). Selling price includes three delivery trucks (2007 Ford 450 trucks with rail lifts). Included in the price: two fork Lifts, 3 Electric Hand Trucks and racks. Approximately 47% of revenues are from candy machines; other 53% is from soda machines. All businesses are growing and are not cyclical- there is year-round demand. Owner is retiring and selling off his various businesses.
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