Inland Emp PRIMO Vending: $116,740 K net >1 man, 35 hr/week, Condensed

Riverside, CA (Riverside County)

Inland Emp PRIMO Vending: $116,740 K net >1 man, 35 hr/week, Condensed
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Asking Price: $237,000

Cash Flow: $116,740

Gross Revenue: $237,360

EBITDA: N/A

FF&E: $64,600

Inventory: N/A

Established: 2009

Inland Emp PRIMO Vending: $116,740 K net >1 man, 35 hr/week, Condensed

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Business Description

The Owner purchased a vending machine repair and refurbishing business in 2005 and began creating a vending service route at the same time. With some marketing he was able to build the route into several routes.
This is one of the most premium vending routes that this broker has come across in the past 10 years. What makes it so good is that it’s a 1-man route that only requires 35 hours per week for all the activities required to maintain the business. Another advantage is that the locations are of medium size, therefore the big vending companies will not likely be soliciting the accounts. Another advantage is that 18 of the total 48 vending machines have credit card readers. The Owner states that the vending machines that have credit card readers installed produce 20% to 30% more revenue than similar machines without the credit card capabilities. If the Buyer would like for any of the other machines to have credit card readers, the Owner can install the credit card reader on most of the other machines. The Owner will be willing to help you in the future with almost any problem that might come up at a fair price since he is in the vending machine repair & refurbishing business himself.
The Buyer will be trained and provided a promise to neither solicit nor accept back any of the accounts sold. The Owner will also share with you all the ways he has marketed for procuring new accounts.
The Owner will consider splitting the route into halves.

Detailed Information

Location:
Riverside, CA
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There is no office/meeting place needed but the Buyer will need somewhere to store product. Some vendors use their vehicle or a spot in their garage. (Home Based)
Competition:
Friendly, regular service and prompt response to customers' calls are the main key to satisfied customers. And satisfied customers are inclined to stay with a good vendor and recommend him to others.
Growth & Expansion:
There is plenty of room to expand this business and the Owner will cover techniques for increasing the business as part of training.
Support & Training:
The Owner will train and consult after the training. The Owner is also in the vending machine repair & refurbishing business and should any problems arise he would help you out at a fair price.
Reason for Selling:
Concentrating on developing other areas of his business interests.
Home-Based:
This business is Home-Based
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Jim Gallaher

Business Listed By:
Jim Gallaher

Silverbridge Inc.

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