VENDING Company. VEND102

Price: $35,000

Location: Essex County, New Jersey

Industry: Retail

Listing ID: vend102

Profitable vending company consisting of fifteen (15) vending machines and servicing various locations in Northern New Jersey, which includes commercial businesses. All of the machines are full sized machines with electrical components and are in excellent working condition. The business locations consist of numerous post offices and other high traffic commercial locations. The company has a gross income of approximately $18,000 yearly and a consistent net yearly income which can be further developed with additional machines. This vending company does NOT pay any rent fees at any of their locations. This is a dependable safe business opportunity. The present owner is absentee, not involved with the day-to-day operation and has priced the business based on the equipment value.

Listing Details

Revenue: $18,000

Cash Flow: $10,000

FFE: $25,000 (Included in Price)

Inventory: $500 (Included in Price)

Reason For Sale:

The sale is due to the owner’s absenteeism, out of the area and in an alternative industry.

Training & Support:

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

Location

Security on Lease: One month

Lease Option: Yes, Available

Type of Location: Active commercial Mall

Square Footage: 500

Relocatable?: Yes

Facilities Information:

Vending companies routinely represents a home-based business operation with a small work area for equipment storage or maintenance. The machines are located in Northern New Jersey, Bergen, and Essex Counties.

Summary

Owner Qualifications:

For qualifications purposes, this industry does not require government licensing approval to purchase or operate. However, approval by the customer base is required.

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 can be improved by investing in additional equipment and new locations

Financing/Terms:

By owner to be negotiated

Ron Cervelli

contactus@regalconsultants.com

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