Equipment Leasing Business In Atlanta!
Atlanta, GA Fulton County
Atlanta, GA
Asking Price:
$499,000
Annual Revenue:
$400,000
Request More Information Contact the Seller
- RE: Equipment Leasing Business In Atlanta!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | $160,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 592833274 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Business generates $400,000 in yearly sales! Seller's yearly take home is $160,000!Pre-Qualified for SBA Financing! Only 15-20% down payment required!
Business leases cutting edge Water / Ice Machines and Starbucks Coffee machines! In addition, the Business sells product through Vending Machines, Coffee Brewers, and the Starbucks machine supplies at an average of 48% profit margin!
The current sales price includes over $376,000 in equipment! Two Ford transit vans that are used for servicing the accounts are also included! Both vehicles are currently valued at $50,000! One vehicle has a $17,000 loan remaining that the Buyer will have to assume.
Sellers JUST secured 3 new car dealership accounts that will increase supply sales by $8,000 per month! That additional income will practically cover the bank loan payments!
Current partners are very busy with their primary businesses and close to semi-retirement and not heavily involved in the day-to-day operations.
There are two sources of revenue. One is a consistent monthly revenue from leasing the machines. The current sellers are taking the lease paper and selling the equipment lease for an upfront payment that is greater than the cost of the machine! This strategy enables the Business to fund for more equipment and not inject additional capital! Once the lease expires, the equipment is available to the Business for re-leasing and receiving a monthly rent from the same equipment user!
The second source of revenue is the selling of supplies, snacks, drinks, and coffee through the vending machines, coffee brewers, and Starbucks machines!
This Business is one of only 9 licensed Starbucks vendors in the entire State of Georgia!
Company has been in business for 4 years and is currently stabilized. There is huge potential for an owner-operator to take the sales to the next level!
The equipment list is as follows:
99 water machines in ~58 accounts
36 vending machines in ~24 accounts
31 coffee brewers in ~14 accounts
33 Starbucks machines in ~23 accounts
2 Ford transit vehicles used for servicing accounts
Asking Price for the Business is $499,000! Total value of the equipment and the two vehicles INCLUDED with the business purchase is $376,000!
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Property Features and Assets:
The equipment list is as follows: 99 water machines in ~58 accounts 36 vending machines in ~24 accounts 31 coffee brewers in ~14 accounts 33 Starbucks machines in ~23 accounts 2 Ford transit vehicles used for servicing accountsAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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