Vending Business In Passaic County For Sale

Business description

Active vending machine business located in northern NJ and producing a steady part time income to the owner operator. The sale includes fifteen (15) modern one year old combination machines at a value of $3,000 each. They fit 13 snack selections on the top and 6 drink selections on the bottom in order to give customers many options. In the vending business you can always relocate the machines to improved locations or place additional machines at new locations. The machines are placed in 14 locations and 1 location has 2 machines. In the vending industry, there is never any rent to pay, there are no overhead costs other than gas and you don t have to travel much. These 14 locations are all located close together and you can service all the locations in 12 hours of work. The busier locations require restock weekly, other locations are every second or third
week. This is a real business with great part time income which can be further expanded. In the vending industry you are paying for convenience of your lifestyle, only working 12 hours a week to produce this income and inventory is included in the sale. Locations are in Bergen and Passaic County, NJ.

Total Weekly Collections = $606.
Profit per item average = 60%
Total weekly profit = $363.60
Gasoline = $50.00 weekly
Final profit = $313.60
Yearly net = $16,370.20 (Averaged)

FULLY ELECTRONIC
Easy touch selection pad
Individual electronic pricing for each selection
Computerized sale record
Customer friendly LED display

Property information

Real Estate:

Lease

Premises details:

Computerized sales record for easy read-out. Easy loading, first in/first out design that reduces expiration of products. - T-handle lock provides maximum security and snap-in closing. -Energy efficient cooling system with environmentally sage R134A refrigerant. -Allows customers the snacks and beverages they desire, bottled water, sports drinks, and juices. -Bill validation of the US One Dollar. Accepts nickels, dimes, quarters.

Other information

Expansion potential:

By adding additional locations this business can be substantially improved and developed.

Competition / Market:

No other competitors are located on any of the vending locations.

Support & training:

The seller will supply a full training period an remain post closing.

Reasons for selling:

Alternative business not in this specific industry.

Financing available:

Some owner financing is available to qualified buyer.

Inventory / Stock value:

$1,500 (included in the asking price)