Hot Listing

Established Vending Machine Route Seller Financing with 50% down

Asking Price$1,500,000

Cash Flow
$363,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,709,586

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave
Hot Listing

Established Vending Machine Route Seller Financing with 50% down


Asking Price$1,500,000

Cash Flow
$363,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,709,586

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Seller financing Available

This is a great opportunity to take over a very high-volume vending machine route. This route did over 1.1 million in sales last year with only 47 locations. The route has 121 vending machines on location with 40 of the 47locations having auto renewing contracts. Each machine is equipped with card readers and software you can easily track sales and inventory. A lot of the locations will need serviced once a week with some being serviced 1-2 times a week and others being once every other week. This route also has a huge upside when two tier pricing is added to the card readers which charges customers an extra 0.10 per cashless transaction. Based off of last years cashless sales tier pricing would of added an additional $65,000 to the net income.
Great thing about this route is there are 41 locations out of the 47 locations that have auto renewing contracts in place. Currently Owner only works 15-20 hrs a week on the admin portion of the business.

City/State # of locations
Cary, IL 1
Chicago, IL 27
Crystal Lake 1
Downers Grove 1
Elmhurst 1
Frankfort, IL 3
Lake Zurich 1
Matteson, IL 1
Mokena 1
Naperville 1
Orland Park 2
Palatine, IL 1
Palos Heights, IL 1
Romeoville 3
Wheaton, IL 1
Included in sale
- 105 Vending machines on location
- ASSORTED MACHINE PARTS (CREDIT CARD READERS, BILL VALIDATORS, COIN MECHS, SPIRALS, TRAYS, ETC.)
- ASSORTED VENDING MACHINES (6 UNITS) IN VARIOUS STATES OF OPERATION. SOME FULLY FUNCTIONAL. OTHER'S REQUIRING REPAIRS RANGING FROM MINOR TO MORE SUBSTANTIAL. (ESTIMATED VALUE: $10K "AS-IS".)
- APPROX. 1-2 FULL WEEKS' SUPPLY OF PRODUCT TO RESTOCK ALL MACHINES AT TIME OF HANDOVER. (APPROX. VALUE $15,000)
- THREE (3) VEHICLES: (NO LIENS. TOTAL KBB VALUE APPROX. $26,000.00)
1) 2008 FORD ECONOLINE (80K MILES)
2) 2010 FORD E-250 CARGO (80K MILES)
3) 2011 CHEVY EXPRESS CARGO 1500 (150K MILES)
About the Business
Employees
4
Currently Home Based
Yes
Listing Info
ID
2230727
Listing Views
7144

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Business Listed by: Caleb Sexton Elite Brokers

Listing ID: 2230727 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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