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Business for Sale Summary [Non-Confidential]

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Queens County, NY

Business Type: seller financing available,wholesale/ distribution businesses,routes,special situations,best deals!,retailing businesses,vending machines,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $169,999.00

  • Gross Revenues

    $180,000.00

  • Financing

    $ 100,000.00 Down and $69,999k TBD

  • Owner's Cash Flow

    $65,900.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

This vending beverage and snacks route operates 5 days weekly. Seller has machines in 14 locations and has had the business for over a decade. The 47 vending machines included are worth over $100,000. Most of these machines are located in busy office buildings with good security. There is no theft or vandalism to speak of. Buyer can easily expand route and earn more money. All machines are presently in NYC. Seller will train, vending machines are in solid locations. Owner has a route man who operates as a private contractor, who does most of the work replenishing supplies, keeping them stocked and checking up on machines overall appearance and service. Owner works about 2 hours per day. Each machine needs to be visited at least once a week. Two years ago the owner started to replace the equipment in order to keep his accounts protected and to make sure that these accounts would continue to be under contract. All equipment has whats known as "sure-vend" technology which sends out a beam to tell the owner exactly what has been dispensed. Business can be run with a Dodge Sprinter which is designed to store and carry all the supplies necessary to run this route. This is a great business for someone looking to run a route with established accounts and machines in great working order. Of course there is some physical work involved if you are planning on running the route yourself.

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