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This Business has been Sold!
Closing Date: 07/03/2023
Business for Sale Summary

Vending Machine Business For Sale in NC - 31780

Business Type: misc. retail/non-classifiable,vending machines
Sold
Vending Machine Business For Sale in NC
On July 3rd 2023, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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 listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $97,500 Down Payment $97,500
Gross Revenues $49,500 Lease Remaining Register Free to View
Owner’s Cash Flow $26,000 Number of FT Employees Register Free to View

Financing

$97,500 Down and

Business Description

Valuation numbers: Each account was broken down to used machine value on eBay, inventory and coin included along with 1 year gross of revenue. The amount came out to $107,090.00, I am asking 10k less. What you are buying.. 13 established accounts in the Charlotte, NC area. 23 all in good order machines, All Drink machines can vend both cans and bottles, most are already set up mobile phone /cc and cash payment. The Larger accounts are available for service 24/7/365 via door code access. 1 of the accounts is available for service outside normal business hours with appt. 1 of the accounts is available for service 7 days a week 8 am to 8 pm. The remaining are serviced between 7 am and 5 pm. Price includes a normal service run of inventory between 250 to 450 items per machine, after the purchase I will run my last service with the buyer following me to take notes, change locks to yours, and get familiar, I will use my inventory (included in listing) for this service so you are set for you own full service the next run. Account 1 - Mount Holly - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 32 selection glass front snack 320 to 500 item capacity Account 2 - North Charlotte - 1 - 40 selection glass front drink 320 to 360 item capacity, 1 - 45 selection glass front drink 380 to 400 capacity, 1 - 40 selection glass front snack - 400 to 700 item capacity. Account 3 - North Charlotte - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 32 selection glass front snack 320 to 500 item capacity. Account 4 - North Charlotte - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 40 selection glass front snack - 400 to 700 item capacity. Account 5 - North Charlotte - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 40 selection glass front snack - 400 to 700 item capacity. Account 6 - North Charlotte - 1- 10 selection live display drink 540 to 720 item capacity. Account 7 - North Charlotte - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 32 selection glass front snack 320 to 500 item capacity. Account 8 - North Charlotte - 1- 10 selection live display drink 540 to 720 item capacity, 1 - 32 selection glass front snack 320 to 500 item capacity. Account 9 - North Charlotte - 1- 10 selection drink 540 to 720 item capacity, 1 - 32 selection glass front snack 320 to 500 item capacity. Account 10 - North Charlotte - 1- Combo drink and snack 250 item capacity. Account 11- South Charlotte - off Westinghouse - 1- 40 selection glass front drink 320 to 360 item capacity, 1 - 40 selection glass front snack - 400 to 700 item capacity. Account 12- South Charlotte - off Westinghouse - 1 - 40 selection glass front snack - 400 to 700 item capacity. Account 13- South Charlotte - off Westinghouse - 1- Combo drink and snack 250 item capacity. All machines have a technical service dept if a repair is needed prior to you learning yourself, or I have a traveling service tech that has been repairing and refurbishing machines for over 20 years that will honor my existing service call for $75, he is also able to repair compressors which rarely go out (same as your refrigerator at home, rarely need service) . Also will provide my parts and vending products distributor information to you as well. Reason for selling: Owner had plans to move to North Carolina 9 years ago and bought a basic vending business and built up from there, plans changed and the owner is still taking 18 - 3 day trips a year from where he lives in GA to Charlotte, Owner is purchasing a vending business close to home from a long time owner that is retiring from the business. SERIOUS INQUIRIES ONLY!

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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.