Business Summary:
This is an established vending machine route that brings in $488K per year. The route consists of 62 machines and 5 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.
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| Year
Business was Established: 2006 |
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| Number of Employees:
1ft 2pt |
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| Facilities / Terms of Lease:
Route consists of 62 machines and 5 location. Route is located in and around Newton Ma, with a University being the primary account. Owner currently rents a 260sq ft warehouse in West Concord on a month to month basis. New owner could easily move to a garage or another small space. |
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| Potential
Growth/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. Seller runs the business absentee and has several employees. The business is designed to be operated by owner/operator, so the new owner can save money by operating the business himself. |
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| Competition:
his 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. |
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| Owner
willing to finance:
SBA Financing is available 20% down required |
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| Owner
willing to train:
Franchise provides extensive training for $9,500. The Seller is willing to train for 2 weeks, however the $9,500 training fee is mandatory. |
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| Reason for selling:
seller wants to pursue other interests |
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Seller Reference Number: 24/7niles
BusinessMart.com Listing Number: 39181 |
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