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Vending

Tampa Bay Area, Florida (Citrus County)

Retail - Vending Machines

$Seller Financing Available

Asking Price $235,000 Inventory $20,000* 
Gross Income $184,000 Real Estate $85,000** 
Cash Flow $88,034 Year Established N/A
FF&E $191,000* Employees 0

* included in the asking price

** not included in the asking price

This First Class recession-proof Vending business has been serving the Tampa Bay area for more than 25 years. 2009 revenues are consistent with 2008 revenues and net profits. Owner just took on 6 additional new 24-hour accounts. This turn-key operation has all the tools for continued success and everything a buyer would want in a business. You work for yourself; no hassles with employees, and overhead expenses are low, which add to profitability. You own your own warehouse-no landlord problems to deal with and work four days per week, making over $80K annually. There are over 100 machines currently installed. The business is easy to learn, own and operate. Total asking price of $320,000. includes real estate and new fuel-efficient delivery truck, which has a 3 year bumper to bumper warranty. There is excellent growth potential and a diversified customer base that brings in an excellent cash flow. The business is extremely well organized. Current owner has owned the vending business for over five years and has branded the business with a consistent package of marketing materials. Because of the excellent customer service, the reputation of this business has grown by word-of-mouth, which is extremely rare in this type of business. All inventory and customer records are computerized for ease of operation. There is a person in place who will work on a sub-contractor basis when the owner would like extra time off or if extra help is needed. This sub-contractor is retired from the business and is extremely knowledgeable in all areas of the vending business; he can be very helpful to a new owner. Owner is willing to finance a portion for a qualified buyer. Owner is motivated and will entertain all offers. Owner is moving out of state to join family.

Facilities: There is no lease. 1,200 square foot warehouse condo is available, and must be purchased with the business. The business has been at the current location for four years. Facility could be expanded in the future through the purchase of another unit.

Competition: The existing markets for the company s vending machines and drop-off service are any school, office, hotel, business in the Tampa Bay area. The business model has the potential for expansion into other areas. A. Website, word-of-mouth and some advertising are used currently to market the business. B. MS PowerPoint presentation is available for marketing to new clients.

Growth/Expansion: Well-known reputation for excellent service, product freshness, and response to customer needs, as well as clean machines. The company has a consistent pricing structure; prices are good one year from the date of a signed service agreement. Prompt refunds are provided for losses to customers or employees from the vending machines. All stock is kept current; no out-of-date products are in the vending machines. The business does not always have extra equipment to handle accounts. Investing in additional equipment

Seller Financing Available: Yes

Financing: $85,000 @ 8% for 60 months

Support/Training: 2 weeks

Reason Selling: Moving

Business For Sale By

VR Business Sales

727-499-6500

VR Business Brokers

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