Michigan Based Wholesale Vending Equipment Distributor
Business Description
Profitable 30-year-old well-established vending equipment distributor. Nationwide reach. Ideal for strategic acquisition or expansion.
Wholesale vending equipment distributor established over 3 decades ago represents 7 major equipment manufacturers selling equipment throughout the United States. The activity consists of selling automated merchandisers to vending operators and end users with an emphasis in the niche market of customed equipment for unique specialty type products.
Future growth will likely be centered in expanding existing operations in all segments of traditional vending with an emphasis on specialty vending and artificial intelligence. The base operations can easily leverage its position into being a local leader in full-service vending. The increasing developments in AI equipment will fuel significant growth in a much-expanded industry for the future.
Wholesale vending equipment distributor established over 3 decades ago represents 7 major equipment manufacturers selling equipment throughout the United States. The activity consists of selling automated merchandisers to vending operators and end users with an emphasis in the niche market of customed equipment for unique specialty type products.
Future growth will likely be centered in expanding existing operations in all segments of traditional vending with an emphasis on specialty vending and artificial intelligence. The base operations can easily leverage its position into being a local leader in full-service vending. The increasing developments in AI equipment will fuel significant growth in a much-expanded industry for the future.
About the Business
- Years in Operation
- 34
- Number of Employees
- 8
- Facilities & Assets
- Currently operates from a leased commercial facility in a small modern industrial park in Southeast Michigan. The unit is 8800 sq ft. with showroom, offices, and warehouse (3200 office/showroom & 5600 warehouse). The lease was renewed in August of 2023 for 3 years and is transferrable to a new buyer who meets landlord requirements.
The business is offered with all the operating assets significant to the continuing operation of the wholesale vending equipment distribution and service enterprise to be transferred free and clear at Closing.
About the Sale
- Seller Motivation
- The owner wishes to sell the business in preparation for a retirement lifestyle.
- Transition Support
- Owner / Seller willing to provide short term transitional support after the sale.
Listing Info
- ID
- 2208292
- Listing Views
- 2696
Listing ID: 2208292 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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