Vending Company - Central & Eastern MA & Southern RI #15451

Worcester County, MA (Relocatable)

Seller Financing Available
Vending Company - Central & Eastern MA & Southern RI #15451

Asking Price:$135,000

Cash Flow:$62,814

Gross Revenue:$326,414

EBITDA:N/A

FF&E:$85,000

Inventory:$5,000*

Rate/Sq. Ft.:N/A

Established:1985

*not included in asking price.

Vending Company - Central & Eastern MA & Southern RI #15451

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Business Description

The expanding Massachusetts economy has increased the need for Vending services, and our Client has capitalized on these needs! The business services educational and health care campuses, manufacturing sites as well as retail locations and has in excess of 60 Clients!

Owner/operator works 20-24 hours and has time to enjoy fishing, golf and family while making a nice living!

The business is ready for the next entrepreneur to grow the business to the next level that the founder/owner would have no problem doing if he wasn't going to retire.

The selling price for this business will shock you considering the expected return on investment and terms and conditions of the sale!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Buyer will need 1,00 to 2,000 sq. ft. to house inventory, spare equipment and tools.
Competition:
The MA economy has become more stabilized and our client continues to capitalize on the economic growth. The business continues to grow its customers within the educational, healthcare, and manufacturing sectors.
Growth & Expansion:
Expansion is best seen by growing the number of client accounts and managed vending programs. To support the expansion of business extending owner and operations technicians hours to 40 hours per week and potentially adding technicians may be necessary. Vending machine OEM's are offering attractive leasing options for equipment including credit card machines. (the business does not currently have these types of machines)
Financing:
Possible Seller Financing For Qualified Buyer
Support & Training:
Seller Supports full training to aid in a smooth transition.
Reason for Selling:
Retirement

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Karen Kelley

Business Listed By:
Karen Kelley

George & Company/CentralBrokers

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Sponsoring Broker:
Christopher R. George, CBOA

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