24 Vending Machines at 10 Accts. 7 Addtl Machines Incl. Training Prov

Akron, OH (Summit County)

24 Vending Machines at 10 Accts. 7 Addtl Machines Incl. Training Prov
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Asking Price: $61,000

Cash Flow: $37,500

Gross Revenue: $68,730

EBITDA: $37,500

FF&E: $30,000

Inventory: $1,000

Real Estate: N/A

Established: N/A

24 Vending Machines at 10 Accts. 7 Addtl Machines Incl. Training Prov

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Business Description

This vending route consists of vending machines placed at 10 accounts in the Canton & Akron areas. There are 24 machines at these 10 accounts and an additional 7 machines in storage. Route owner is responsible for ordering product and restocking machines as necessary.

For 2018 the route generated $68,730 in annual gross sales. One of the main accounts was being remodeled from May-December so sales were lower than expected. Those machines are now fully operational. Operating expenses will vary from owner to owner. For 2018, inventory/cost of goods sold totaled $29,253. Other expenses include travel costs and any necessary maintenance.

Full training will be provided by the current owner. Great accounts with consistent sales volume. Instant growth potential for a motivated owner with the additional machines that are ready for placement

Detailed Information

Location:
Akron, OH
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
31 vending machines, pallet jack, remaining inventory (Home Based)
Competition:
Established accounts
Growth & Expansion:
7 machines in storage are ready for placement and would create immediate growth for the route
Support & Training:
Full training and support from current owner
Home-Based:
This business is Home-Based
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Jay Armour

Business Listed By:
Jay Armour

The Route Exchange

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