Business Summary:
LISTING ID # 36099An Entrepreneur’s Dream Business, Substantial Seller Financing, Turn-Key Operation, $1.5 million in Machines and Equipment, Service to 400 Accounts, Increasing Profits, Seller Willing to Stay, etc. Headquartered in Middlesex County, New Jersey and serving parts of New York and New Jersey, this vending machine company is adding cashless payment capability and raising prices to the market at each of its stops. Expect a 25% increase in Sales and Profits by the end of Summer. Growth has historically come from the absorption of smaller vendors and more of that is out there. There are small vendors serving hotels, churches, auto dealerships, libraries, nursing homes, motels and the like and others serving retail accounts such as liquor stores, convenience stores and gas stations. Currently, the company specializes in large accounts such as hospitals, schools, office buildings and warehouses but routes can be made more efficient by strategically adding accounts to fill in existing routes. The business itself is 10 years old but the owner has been working in the field for 20 years and is looking to take it easier. He will stay on through extended training and indefinitely thereafter to increase sales as desired. For more information, contact Gerald Nimberg, Senior Business Brokers, Vested Business Brokers at 646-269-4616.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36099 for instant access to this business information.
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