Drinks And Snack Vending Machine
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The business runs smoothly and is easy to administrate. The owners will be happy to help with a smooth transfer and handover.
Reason for Sale The current owners would like to pursue a new opportunity and feel the time is right for them to sell the business.
Description Drinks and Snack Vending Machine Service Company Confidentially offered for sale.
Ref No: CH053.
Location: North East.
Asking price: Aœ350,000.
This is an excellent opportunity to aquire a company where the income starts as soon as a purchase is completed. The business wholly owns over 100 vending machines, which dispense, coffee, tea, soft drinks and snacks. A high percentage of the machines are on long term contracts, placed in working enviroments, where the only source of beverage and snacks available is from the dispensing machine. These machines are highly profitable with a huge stock turn of product.
This market continues to grow at an annual rate of 10% per year, and the forecast is for this to continue in the future. The vending market is recession proof, with continual daily use of the machines.
The majority of the machines take cash for the purchases, although one of the major blue chip contracts pays monthly for the provisions that the machine has dispensed. This is an easy and profitable agreement to administer, and serves as an excellent cash flow for the company.
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