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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Breathalyzer Vending Company
(Vending )
NJ
Listed Price: $ 25,000
Listing ID: VEND103

Listing DetailsGross Revenue: $ 5,000
FFE: $ 25,000 (Included in Price)
Inventory: $ 500 (Included in Price)
Reason for Sale:

The sale is due to the owner full time work responsibility out of the area.


Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.


OperationsYear Established: 2013
Absentee Owner: No
LocationLease Expire: 0000-00-00
Facilities:

This is a home-based company and does not require any specific commercial rental space in order to function. This opportunity is in Northern New Jersey, Passaic and Essex Counties, which consists of various affluent and highly populated communities with continued demand for this industry.


SummaryBusiness Description:

Vending company which offers alcoholic, dollar bill operated breathalyzer for use in public places such as bars or restaurants. The company presently has equipment in twenty-six pubs and restaurants located in Northern New Jersey. The unit displays the customer's alcohol level with three-digit accuracy. The large bright red LED's are easy to read, even in low light areas. A pleasant voice command will guide your customers through the test. The equipment can help prevent the customers from getting behind the wheel when they have had too much to drink. The vending equipment particularly valuable for establishments that serve alcohol and will reduce your customers' risk of DUI arrests. This company has No employees due to the present size of the business. The company does not have a rental lease agreement functions as a home-based business operation. The business fixed assets has an estimated value of approximately $25,000 which is based on equipment and licensing replacement cost. The 2017 yearly gross income is $5,000 and the business has a yearly net income of approximately $5,000 based on an onsite owner operator and prior to any debt service. The business has been valued / priced at $25,000 based on a multiple of the net yearly income which includes the value of the specific business assets. The company is new and requires time to further increase its position in the industry and yearly income. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.


Competition:

Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.


Potential Growth:

The business presently has a limited marketing plan, no local advertising, no web site and if improved can further develop the business yearly gross sales.


Financing/Terms:

N/A