Description IN-STORE MULTI-SITE COFFEE DISPENSING MACHINES
Ref.CH139
Location Relocatable
Asking Price œ 1,850,000
The opportunity exists to acquire all the issued capital in two companies that own, install and operate some 400 self-service coffee machines in supermarket stores, forecourts, and independent convenience stores and retail outlets (together called ''The Company'').
The Company has developed a highly successful business model and it has significant opportunity to be expanded nationally and to be rolled out internationally.
The Company is an established operation which started over 4 years ago and has developed a highly successful and proven hot drink offering. Each machine is branded and prominently displayed in its location.
The Company owns all of its ''bean to cup'' machines which are purchased from their manufacturer under a UK wide exclusive license arrangement. The coffee is selected, roasted and packed by the largest coffee provider in the country. The signature blend is selected by the Company and is unique to its machines.
The Company is a family business ultimately owned by a husband and wife team. The wife takes no significant part in the business and the husband is responsible for overseeing the management of the business.
The business is incredibly simple to operate. It employs 8 self-employed individuals for stocking the machines and 1 self-employed engineer. The engineer is responsible for repairing any faulty machines throughout the UK.
Each machine is telemetrically linked back to base so that they are monitored for unit sales and/or if they are running low on supplies or suffering a fault. If the machine is running out of supplies a call is made to the location and the in-store staff members do the refilling and re-stocking.
The company provides the machines installed to its customers and there is a revenue split. The company provides the stock. Stock deliveries are made by courier on an as-needs basis.
