Vending Route In North Jersey For Sale

Business description

This is a must see as it is a great opportunity to own a very profitable snack and beverage route working part time on your own schedule or as an expansion to an existing route. There are seven locations across Northern New Jersey all within a manageable distance for easy servicing. Most locations only require a visit once with a week with only two locations requiring visits twice a week.

A first time owner operator can run this business without any staff or warehousing, storing back up inventory in their garage. Some of the clients are multiple location businesses which offer the potential for further expansion. There are 21 high end machines included in the price. All the equipment, which is valued at $100,000, was purchased direct from the factory and ranges in age from 6 months up to 2 years. Each is equipped with Ivend Sensors for accurate tracking. Four of the locations have two year contracts with the balance secured with excellent service. The owner has developed strong loyalty with his customers due to his great attention to service.

The owner has other business interests and is selling a portion of his locations. All documentation will be provided to qualified buyers. Cash flow represented is Gross Profit before sales tax and commissions.

The business is offered at $175,000 which includes all the machines and the inventory. Owner will accept a down payment of $150,000 and finance the $25,000 balance for qualified buyers.

Property information

Premises details:

All the machines are only 1-2 years old and are equipped with Ivend sensors. Locations are commercial businesses in several counties in North Jersey

Business Operation

Reasons for selling:

Selling a portion of his locations due to other business interests

Trading hours:

Variable based on client business hours

Employees:

None

Years established:

2 1/2 years

Other information

Support & training:

Seller will provide a two week training period and be available by phone after closing

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available for qualified buyers; terms are negotiable

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)

Relocatable:

This business can be relocated.