800 Plus Gumball Locations Generating Cash Everyday For Sale

Business description

This is a great opportunity for a person that is looking for a simple business to operate, that is ALL CASH...The seller of this business has been placing bulk vending machines on location for the past 17 years. The machines sell gumballs, skittles, M&M's, and toy trinkets. There are currently machines in approx. 800+ locations, with another 200 machines in the warehouse ready to place as soon as the new owner takes the time to place them...This company is operated as a division of the sellers primary business, consequently there are NO separate financials for your review. This business is PRICED AS A ASSET SALE....The fair market value of the equipment if it were sitting in a warehouse would be $100,000+...The selling price includes the inventory in all of the machines, and the 800+ locations...

Property information

Real Estate:

Lease

Lease terms:

$700/Month

Location:

Since 1988 this business has provided bulk candy, gum, and trinket machines to a wide assortment of locations. Currently approx. 80% of the business is in Georgia, with the remaining business in Tenn.. There are currently 800+ locations that are in operation. This business has become somewhat of a stepchild to the owner, and has tremendous upside potential for a hands on, owner operator. The seller will train the buyer so as to be able to operate this as a one person business.

Other information

Support & training:

The seller will provide 2 weeks training.

Reasons for selling:

The sellers primary business is extremely busy, and allows him no time.

Financing available:

The seller will finance $50,000 over 36 months at 9% interest to a qualified buy

Furniture / Fixtures value:

$100,000

Inventory / Stock value:

$20,000 (included in the asking price)