Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
Broker Contact Form
Name

Email

Phone

Comment


Vending Machine Co.
(Retail )
Morris County , NJ
Listed Price: $ 49,000
Listing ID: VEND101

Listing DetailsGross Revenue: $ 44,640
FFE: $ 42,000 (Included in Price)
Reason for Sale:

The sale is due to the owner illness.


Training & Support:

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


Absentee Owner: No
LocationLease Expire: 0000-00-00
Type of Location: Home Based
Facilities:


Vending companies routinely represents a home-based business operation with a small work area for equipment storage or maintenance. The company is in Northern New Jersey, Morris County, however, can be relocated anywhere for convenience.


SummaryBusiness Description:
Profitable vending company consisting of 21 newer and state of the art vending machines and servicing various locations in Northern New Jersey, which includes various commercial businesses. Fifteen (15) of the machines are full sized machines with electrical components and refrigeration units, and six (6) machines are four-head candy machines, of which are all located at excellent locations, giving them a greater value. The company has a gross income of $44,640 and a consistent net yearly income which can be further developed with a basic marketing system. This vending company does NOT pay any rent fees to any of their locations. Their knowledge and experience help their clients evaluate their needs and make selecting the vending options an easy process. They maintain, service with customized options, keep the machines fully stocked at each location based on a specific schedule. The company’s focus is on service and they are committed to providing all customers with top-quality, timely assistance. Their delivery personnel consist of a part time owner and is easy to identify, is friendly and responsive to the customer needs. The business operates year-round throughout Northern New Jersey, and the company's principles of honesty, dependability and quality service make them the perfect choice. The business has been valued / priced at $49,000 based on a multiple of the net yearly income which includes the value of the specific business assets. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 


Competition:


Due to their good service and relationship with their customers 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 no marketing plan, web site, or social media, and if improved can further develop the business yearly gross sales.