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Businesses For Sale > Business For Sale in Syracuse, New York (NY)

Cash Cow Vending Route for Sale

Syracuse, New York (NY)

Asking Price: Gross: Cash Flow:
$290,000 $361,000 $116,000

Inventory Value:
$17,000 (not included in the asking price)

Business Summary:
This is an established vending machine route that brings in $362K per year. The route consists of 52 machines and 10 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.

 

   
Year Business was Established: 2007
   
Number of Employees: 1  
   
Facilities / Terms of Lease: Route consists of 52 machines and 10 location. Route is located in and around Oneida N.Y. Owner currently rents a warehouse in for storage. New owner could easily move to a garage or another small space.  
   
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.  
   
Competition: This 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.  
   
Owner willing to finance: SBA Financing is available 20% down required  
   
Owner willing to train: yes  
   
Reason for selling: looking to retire  
   
This business is Home Based.  
   
Seller Reference Number: 24/7bleeker
BusinessMart.com Listing Number: 40924
 

 

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