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- RE: NC: Established, Profitable Vending Machine Busines
- Contact: Joe Vagnone
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $115,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $33,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $71,850 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 1 | |
BBN Listing #: | 947211 | |
Broker Reference #: | VEND1 |
Business Overview:
Are you ready to step into the thriving world of vending with a business that's not only profitable but also promotes wellness? Look no further than this incredible opportunity in the heart of Iredell County. This business has carved out a niche in providing wholesome snacks and drinks to the local community, particularly within public and charter schools.
Key Highlights:
• Strategic Placement: With machines strategically placed in six different locations, including prominent educational institutions, this business benefits from high foot traffic and consistent demand.
• USDA Compliant Products: This business prides itself on offering snacks and beverages that adhere to USDA Smart Snack guidelines, ensuring they're not only delicious but also approved for consumption during the entire school day. While products are familiar and popular with consumers, they are all specially made with Whole Grain, low Fat and/or reduced sugar and sodium content.
• Long-Term Contracts: Secure your investment with a four-year placement agreement with the largest customer ensuring stability and predictable revenue streams.
• Minimal Maintenance: Enjoy hassle-free operations with highly reliable vending machines that require minimal maintenance, allowing you to focus on maximizing profits.
• Flexible Payment Options: Cater to a wide range of customers with machines equipped to accept cash, credit cards, Apple Pay, and Google Pay, providing convenience and accessibility.
• Streamlined Inventory Management: Stay in control of your inventory with an intuitive online portal accessible via computer or mobile device, offering real-time insights into stock levels and sales performance.
• Convenient Storage Facility: Operate this home-based business with ease, utilizing a dedicated storage facility for product storage and easy access for distributors.
• Supportive Network: Benefit from ongoing support through the company’s Facebook page, maintained by the machine makers, offering assistance with buying, selling, and maintaining vending machines.
Additional Details:
• Total Machines: 14 included in the sale of the business.
• 6 current locations
• Detailed performance data available for each machine.
Don't miss out on this fantastic opportunity to own a turnkey vending business that not only generates revenue but also promotes healthier lifestyles in the community. Whether you're a seasoned entrepreneur or seeking a lucrative side venture, this business has the potential to exceed your expectations. Act now and make this thriving enterprise yours!
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Property Features and Assets:
This business is home-based, with product inventory stored at a local storage facility.
Market Competition and Expansion:
Competition: This company competes on the basis of the hours of operation that are allowed. Competitor machines are not generally allowed to operate during school hours, and this business’s healthy vending is allowed.
Growth & Expansion: Growth is limited to the creativity and sales of a new owner.
Reason for Selling:
Owner pursuing other business interests and travel.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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