Huge opportunity Turn-Key Vending Machine Re-manufacturing Co!

Fort Worth, TX (Tarrant County) (Relocatable)

Seller Financing Available
Huge opportunity Turn-Key Vending Machine Re-manufacturing Co!
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Asking Price: Get Financing: $299,950

Cash Flow: $108,000

Gross Revenue: $204,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000

Established: 2017

Huge opportunity Turn-Key Vending Machine Re-manufacturing Co!

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Business Description

The global intelligent vending machines market is expected to reach USD 11.84 billion by 2025, according to a new study by Grand View Research, Inc. This is a ground floor opportunity to purchase a business that is already profitable and has month over month growth since it inception in April 2017. They did $75k in their first 8 months, $140k in their first fiscal year, and are already at 65k in the first 4 months of this year, so are seeing double digit growth month over month. They are projected to do over 400k this year, with a 53% net profit margin of $212,000 but the valuation was done with more conservative, existing numbers!! The primary income is from servicing existing machines and selling re-manufactured machines with huge profit margins nationwide, and just launched into the global market. Cashless intelligent vending is the way of the future, so this company upgrades existing machines as well to increase profits for existing vending machine owner/operators. They also distribute new machines to buyers and have financing options in place. The current owner has been in the industry with a major player for 15 years and took a business model that worked (at sales of 1 million/month), improved upon it, and launched this company to prepare it as a profitable venture and a turn-key opportunity for a new owner. The systems are in place to grow exponentially and the business is already proving it with the numbers. It is currently run out of a 3700 sq. ft warehouse but will need to grow into a larger space for warehousing products and supplies. A new owner could come in with the existing warehouse, and later expand the warehouse needs with the growth of the business. Owner will stay on for a negotiated period of time to train for a smooth transition and will sign a non-compete.

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Detailed Information

Inventory:
Included in asking price
Employees:
4
Facilities:
3700 sq ft, with 1700 sq ft of office space, at $1400/month. The business is already on the verge of needing to expand to a larger facility, which could be located anywhere in the Dallas Ft Worth Metroplex.
Competition:
One Major Competitor with a horrible reputation, they don't take the extra steps with great service, and use subcontractors which creates a conflict of interest. This company's reputation is already great, they don't nickel and dime the repair process, and the vending machine owners don't have to worry they will be competition in their space or replacing their machines, so they are well trusted in the industry already.
Growth & Expansion:
The markup profits on re-manufactured products is over 1000% on some machines, and that business is growing to worldwide. They just sold machines to Australia and are buying machines daily, with over 100 currently in stock. The servicing business also leads to vending placement through a referral network, and then they sell the placed machines at a high profit so that is another area they can grow.
Financing:
Some Financing Available
Support & Training:
Owner will stay on to train and offer support as necessary for a smooth transition for a negotiated period of time.
Reason for Selling:
Other interests
Business Website:
http://www.dallasbizbuysell.com
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Toby Barker

Business Listed By:
Toby Barker

Proplus Business Alliance

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