Vending Machine Business for Sale in New Jersey - 36099

Financing

$750,000 Down and balance of $750k for 60 months @ 11%

Business Description

An 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.

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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.