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Business for Sale Summary

Vending Machine Business for Sale in New Jersey - 36270

Business Type: home-based business,misc. service/non-classifiable,other business services,other eating & drinking places,routes,vending machines
Vending Machine Business for Sale in New Jersey
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This business has received 48 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,500,000
Gross Revenues $1,080,000 Lease Remaining Register Free to View
Owner’s Cash Flow $350,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and

Business Description

Drastic price reduction! Turn key operation - primed for investor! After 40 years in the business, the owners of this Middlesex County vending machine business are seizing the opportunity to cash out and simplify their lives. Each owner worked the business 3 days per week, one of whom has had other interests throughout and he will leave to give that his full-time. The other owner wants to continue but with less responsibility. A partner that will provide administrative and financial support would be ideal. After acquiring $100,000 worth of vending machines in 2023, no further acquisitions of traditional machines are planned for 2024 and 2025. The planned effort will be to move the higher volume accounts to the newly acquired vending machines and to pull the low volume machines in favor of establishing new accounts. For more information, contact Gerald Nimberg, Senior Business Broker 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.