Successful Vending Company In Asheville For Sale

Business description

The company is located in Western North Carolina and has been in operation since1945. The current Owner purchased the business in 1990.
Business provides vending service to industrial and commercial customers. Sells cold drinks, coffee,food and snacks. The company also has a small catering service. The vending business accounts for about 95% of sales with catering 5%.

Company has about 50 major accounts that are repeat customers. There are no contracts. Sales are handled by in side telemarketer and the Owner.

Business operates five (5) days a week, except for catering. There are three (3) operating routes.

The company employees 5 fulltime and 2 part time employees.

Owner owns the real estate which is included in the total price. It consist of 1.1 acres with a 5000 square foot building.

Property information

Real Estate:

Real Property Included

Location:

Business is located in an industrial park close to the interstate.

Premises details:

Buainess is located on 1.1 acres with a 5000 square foo building

Other information

Expansion potential:

The business can be expanded by extending the geograhical area to Spartanburg, S. C and other regions beyond the current
40 mile raduis.

Competition / Market:

There several competitors of eqal size in the market.

Support & training:

The Owner will provide up to one year assistance to the Buyer to help the Buyer learn the business.

Reasons for selling:

The Seller is selling because he wants to retire.

Owner financing:

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

Furniture / Fixtures value:

$50,100,000 (included in the asking price)

Inventory / Stock value:

$6,080,000 (included in the asking price)

Website:

www.clontzcommercialinvestments.com